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Industries
Social Impact
Healthcare
Company Size
51-200
Company Stage
Series A
Total Funding
$24.8M
Headquarters
Philadelphia, Pennsylvania
Founded
2020
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.
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Total Funding
$24.8M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
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
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.
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.
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.
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.
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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Industries
Social Impact
Healthcare
Company Size
51-200
Company Stage
Series A
Total Funding
$24.8M
Headquarters
Philadelphia, Pennsylvania
Founded
2020
Find jobs on Simplify and start your career today