What is Vital?
Founded by Dr. Justin Schrager, an Emergency Department Physician, and Aaron Patzer, former Founder of Mint.com, Vital aims to revolutionize emergency care. Leveraging consumer-grade software and artificial intelligence, the company addresses critical information silos, optimizes user experience, and boosts operational efficiencies within U.S. emergency departments. Vital's innovative approach has already positively impacted over one million patients and their families, positioning it as a key player in healthcare IT.
How much funding has Vital raised?
Vital has raised a total of $39.7M across 2 funding rounds:
Series A
$15M
Series B
$24.7M
Series A (2021): $15M with participation from First Round Capital, Transformation Capital, and Threshold Ventures
Series B (2023): $24.7M led by Transformation Capital and Threshold Ventures
Key Investors in Vital
First Round Capital
First Round is an early-stage venture capital firm that helps startups tackle company building firsts. From tailored programs and a vibrant community, to custom-built software and content that serves up unique company building advice, the firm connects founders who are just getting started with the expertise and resources they need.
Transformation Capital
Founded in 2015 and headquartered in Boston, Massachusetts, Transformation Capital is a growth equity fund fully focused on innovative healthcare IT and services companies.
Threshold Ventures
Threshold Ventures provides seminars and mentoring to startups within the U.S. and internationally. The company has assisted international startups looking to grow their business in the U.S. and provides hands-on assistance with strategy and execution.
What's next for Vital?
The recent Series B financing, described as a major strategic investment, signals Vital's transition into a scaling phase. This capital infusion is expected to fuel further product development, market expansion, and strategic partnerships. With a clear focus on improving patient and provider experiences in high-pressure environments, Vital is poised to deepen its impact across the healthcare landscape, potentially exploring new applications for its AI-driven solutions.
See full Vital company page
