Vitable Health

Vitable Health

Direct primary care with virtual visits

About Vitable Health

Simplify's Rating
Why Vitable Health is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Social Impact

Healthcare

Company Size

51-200

Company Stage

Series A

Total Funding

$24.8M

Headquarters

Philadelphia, Pennsylvania

Founded

2020

Overview

Vitable Health offers a direct primary care health plan aimed at uninsured and underinsured Americans, providing access to quality healthcare through virtual and in-home visits without copays or deductibles. The company operates on a membership model, where a monthly fee covers all services, including free prescriptions and dependent coverage. By serving employers, Vitable helps improve employee health benefits, leading to better health outcomes and reduced costs for businesses. The goal is to simplify healthcare access and make it more affordable for everyone.

YC Company
Simplify Jobs

Simplify's Take

What believers are saying

  • Vitable Health raised $16M to expand to over 40 states by 2027.
  • The acquisition of Liferaft reduces costs and administrative burdens for small businesses.
  • Vitable's model aligns with the growing demand for telehealth and value-based care.

What critics are saying

  • Rapid expansion may strain Vitable's operational capabilities and service quality.
  • Integration of Liferaft's platform may disrupt current service offerings.
  • Rising healthcare costs could challenge Vitable's no out-of-pocket expense promise.

What makes Vitable Health unique

  • Vitable Health offers virtual and in-home visits with no copays or deductibles.
  • The company provides free prescriptions and mental health support to its members.
  • Vitable's acquisition of Liferaft enhances its HRA platform for small businesses.

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Funding

Total Funding

$24.8M

Above

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Meet Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$16M
Vitable Health
$30M
Kalshi

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Unlimited Paid Time Off

Home Office Stipend

Remote Work Options

Company Equity

Mentorship Program

Growth & Insights and Company News

Headcount

6 month growth

-6%

1 year growth

-1%

2 year growth

-2%
CityBiz
May 7th, 2025
Vitable Health Acquires Liferaft

Vitable Health, the leading all-in-one health benefits platform making healthcare more accessible to small businesses and their employees, today announced its acquisition of Liferaft's HRA platform.

PR Newswire
May 7th, 2025
Vitable Health Acquires Liferaft for $11M

Vitable Health has acquired Liferaft, creating the first platform to offer integrated ICHRA with Direct Primary Care, reducing costs and administrative burdens. This move addresses the "Impossible Triangle" of healthcare by offering 35% lower costs, superior care access, and quick setup. Vitable Health has raised $25 million, while Liferaft has raised $11 million. The acquisition accelerates Vitable's market timeline and expands opportunities for small business health coverage.

Medium
Dec 9th, 2024
Vitable Health Raises $16M for Expansion

Vitable, a direct primary care company, raised $16M in a Series A round, bringing total funding to over $25M. Key investors include Cherryrock Capital and Y Combinator. Vitable aims to expand from nine markets to over 40 states, offering services like free prescriptions and mental health programs. Targeting hourly workers earning less than $15/hour, Vitable currently covers over 50,000 lives, providing affordable healthcare to those who earn too much for Medicaid but can't afford traditional insurance.

Pulse 2.0
Jul 25th, 2024
Vitable: Direct Primary Care Company Raises $16 Million

Vitable, an enhanced Direct Primary Care company working with SMB employers to deliver affordable and high-quality healthcare to hourly workers, announced it has raised a $16 million Series A funding round led by Cherryrock Capital with participation from Citi Impact Fund, First Round Capital, newark venture partners (nvp), Commerce Ventures, and Y Combinator.

CityBiz
Jul 23rd, 2024
citybiz+ Citi Impact-backed Vitable Health Closes $16 Million Series A

Philadelphia-based Vitable Health, a Kenyan-founded startup that runs a primary healthcare program for uninsured and under-insured Americans, has closed a $16 million Series A funding round led by San Francisco-based Cherryrock Capital.

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