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Veda

Veda

Provides accurate healthcare provider data services

About

VedaData provides accurate and comprehensive healthcare provider data to clients in the healthcare industry. Its main product, VECTYR DATA CURATION, is a database containing over 3.5 million active providers, compiled from more than 100,000 sources. This database is updated and verified using artificial intelligence, ensuring that clients receive reliable information within 24 hours. Additionally, VedaData offers QUANTYM DATA QUALITY SCORING, which assesses and improves the quality of clients' existing databases through detailed analysis and validation processes. VedaData stands out from competitors by guaranteeing the accuracy of its data and the speed of its services, while also prioritizing data security through its Smart Automation platform. The company's goal is to provide clients with the most trustworthy data to enhance their business operations and ensure compliance with industry regulations.

Company Stage

Series B

Employees

51-200

Industries

Data & Analytics, Cybersecurity, AI & Machine Learning, Healthcare

Total Funding

$62.7M

Headquarters

N/A

Founded

2015


Simplify Jobs

Simplify's Take

What believers are saying

  • Strategic partnerships with major healthcare players like Humana and OutCare Health enhance VedaData's market credibility and expand its reach.
  • Recognition by Inc. 5000 and Gartner highlights VedaData's rapid growth and industry leadership.
  • The recent $45M Series B funding round led by Oak HC/FT provides significant financial backing for further innovation and expansion.

What critics are saying

  • The highly competitive healthcare data market requires VedaData to continuously innovate to maintain its edge.
  • Dependence on AI and automation means any technological failures could severely impact service delivery and client trust.

What makes Veda unique

  • VedaData's AI-driven data curation process ensures provider rosters are updated in less than 24 hours, a speed unmatched by competitors.
  • The company's VECTYR DATA CURATION product offers a database of over 3.5 million active providers sourced from 100,000 unique sources, providing unparalleled data comprehensiveness.
  • VedaData's strong emphasis on data security and risk management through its Smart Automation platform builds client confidence and ensures compliance with industry regulations.

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Growth & Insights
Headcount

6 month growth

4%

1 year growth

2%

2 year growth

1%

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