# Validic

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/validic

- Industry: Healthcare IT
- Headquarters: Claymont, US
- Website: www.validic.com
- Total disclosed funding: $30M
- Latest round: Series B (Nov 14, 2022)
- Investors on record: 7

## About

Validic is a healthcare technology company that integrates Patient Generated Health Data (PGHD) with Electronic Health Records (EHR), enhancing personalized patient care through innovative solutions and data management.Founded in 2010 by Drew Schiller, Validic is headquartered in Durham, US. The company specializes in integrating health data from personal devices into EHR systems. In May 2023, Validic, a portfolio company of Arkin Holdings, Gore Range Capital, Green Park & Golf Ventures, Greycroft Partners, Kaiser Permanente Ventures, SJF Ventures, Tech Wildcatters, and The Ziegler Companies, Inc., acquired Trapollo LLC.Validic offers a comprehensive suite of products designed to integrate Patient Generated Health Data (PGHD) with Electronic Health Records (EHR), empowering healthcare providers to deliver personalized care at scale. The core offerings include a developer-friendly Health IoT platform, which serves as the foundation for real-time data streaming from personal health devices, and a fully EHR-integrated personalized care solution. These products facilitate informed clinical decision-making by automatically collecting and transmitting patient-generated health data, thereby enhancing patient engagement and care management. Validic's solutions are utilized by health systems, provider organizations, and wellness-focused companies across various geographical markets, including North America and Europe, targeting a diverse client base that encompasses chronic disease management, remote patient monitoring, and wellness applications.Validic operates under a revenue model that primarily includes subscription-based services and partnerships with healthcare organizations and wellness companies. Transactions typically involve health systems integrating Validic's solutions to enhance chronic condition management and optimize patient care workflows. Clients may subscribe to various tiers of services that provide access to the Health IoT platform and remote patient monitoring solutions, allowing for continuous data collection and analysis. Specific pricing plans for these services are structured to accommodate different client needs, including customizable options for larger healthcare providers. The company's flagship products are positioned to deliver substantial value by improving clinical quality, enhancing patient satisfaction, and reducing high-acuity encounters in healthcare settings. The May 2023 acquisition allows Validic to develop its capabilities in the field of healthcare.

## Funding rounds

- Series B, Nov 14, 2022, $12M — SJF Ventures, Greycroft, The Ziegler Companies, Inc., Kaiser Permanente Ventures, Green Park & Golf Ventures, Gore Range Capital, Arkin Capital
- Series B, Apr 28, 2015, $13M — Kaiser Permanente Ventures
- Series A, Aug 12, 2014, $5M — SJF Ventures, Greycroft

## Investors

- SJF Ventures (https://capitalatlas.ai/funds/sjf-ventures) — Series A, Series B
- Greycroft (https://capitalatlas.ai/funds/greycroft) — Series A, Series B
- Kaiser Permanente Ventures (https://capitalatlas.ai/funds/kaiser-permanente-ventures) — Series B
- The Ziegler Companies, Inc. — Series B
- Green Park & Golf Ventures (https://capitalatlas.ai/funds/green-park-golf-ventures) — Series B
- Gore Range Capital (https://capitalatlas.ai/funds/gore-range-capital) — Series B
- Arkin Capital (https://capitalatlas.ai/funds/arkin-capital) — Series B