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Vital

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On a mission to help patients and emergency providers make faster, safer, and smarter health decisions

Claymont, United StatesFounded 2017Health Tech & Medtech
Valuation $0–100M Latest valuation · 2023
Revenue $10–50M Latest reported FY
Headcount 100–500 Current team size
Total funding $50–100M Disclosed equity funding
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About Vital

Vital.io operates as a B2B software-as-a-service (SaaS) company, providing an artificial intelligence-driven patient experience platform for hospitals and health systems. The company was co-founded in 2017 by Aaron Patzer, the creator of Mint.com, and Dr. Justin Schrager, an Emergency Physician. Patzer's background in creating consumer-friendly financial software at Mint.com, which was acquired by Intuit, and his subsequent work on other tech ventures, inspired him to tackle the complexities of healthcare. Dr. Schrager, an emergency medicine specialist and professor, brought firsthand clinical experience and a deep understanding of the communication gaps in emergency departments.

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The company’s core business revolves around its HIPAA-compliant, cloud-based software that integrates with existing electronic health record (EHR) systems like Epic and Cerner. Vital's platform is designed to improve the patient journey during emergency department visits and inpatient hospital stays. It does not require a download or password, making it easily accessible for patients on their mobile devices. The business model is subscription-based, with hospitals paying for the service, which in turn helps them increase patient satisfaction, improve clinical outcomes, and generate downstream revenue through better follow-up adherence.

Vital's product suite includes solutions for emergency departments (Vital Emergency), inpatient care (Vital Inpatient), and patient access (Vital Access). The platform uses AI and natural language processing to translate complex medical information from the EHR into simple, understandable updates for patients and their families. Key features include real-time wait time predictions, explanations of lab results, progress updates towards discharge, and simplified follow-up instructions. A notable tool is the AI-powered "Doctor-to-Patient Translator," which converts medical jargon into plain language. By engaging patients—achieving a usage rate of nearly 60%—the software aims to reduce the number of patients who leave without being seen, improve patient satisfaction scores, and decrease the workload for clinical staff.

Since its founding, Vital has seen significant growth, raising over $44.9 million in total funding through several rounds, including a $24.7 million Series B in March 2023 led by Transformation Capital. The company serves over 100 hospitals across 31 health systems and has surpassed one million annual users. Milestones include partnerships with major health systems like CommonSpirit Health and Emory Healthcare, and the launch of new capabilities such as Experience Management and Lab Results tools. Keywords: patient experience, healthcare AI, digital health, hospital software, patient engagement, EHR integration, clinical workflow, emergency medicine, health-tech, patient communication

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
Claymont, United States
Employees
198
Open positions
None listed
Dealroom signal
65.1/100
Industry
Health, Enterprise Software
Sub-industry
Health Platform
Sector
Health Tech & Medtech, Speech Recognition, Core AI, AI Applications, NZ tech startup
Technology
Artificial Intelligence, Machine Learning, Natural Language Processing
Business model
Marketplace & ecommerce, SaaS
Client focus
b2b, b2c

Latest news

Press, funding announcements and product moves mentioning Vital.

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Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BOther financing Mar 2023 $25M $99M Threshold Ventures · Aaron Patzer. · Transformation Capital
SERIES AOther financing Sep 2021 $15M $60M Wormhole Capital · First Round Capital · Threshold Ventures · Transformation Capital
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020
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Growth signals

Vital website traffic

Latest recorded traffic for Vital is 520K monthly website visits, up 67.7% over the last three months. Vital's team declined 5.7% over the past year.

Latest monthly visits520K 3-month web change+67.7% 1-year team growth-5.7%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investors

14 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed12 investors entered at this stage

Series A2 investors entered at this stage

  • Wormhole Capital
  • Transformation Capital
Team profiled 13 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇺🇸 United States54.9%
🇳🇿 New Zealand33.3%
🇧🇷 Brazil3.9%
🇦🇺 Australia3.9%
🇦🇷 Argentina2%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Vital on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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