# Verto

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

- Industry: Healthcare
- Headquarters: Toronto, Canada
- Website: www.verto.health
- Total disclosed funding: $1.5M
- Latest round: Seed (Aug 27, 2020)
- Investors on record: 3

## About

Based in Toronto, Canada, Verto Inc. is a healthcare platform that leverages AI-enabled digital twin technology to enhance population health management and streamline patient care services.Verto Inc. provides advanced healthcare solutions through its innovative digital twin technology. Founded in 2009 by Michael Millar, the company is headquartered in Toronto, Canada. In August 2020, it raised CAD 2 million in Seed funding led by MaRS Investment Accelerator Fund, with participation from Amplify Capital and Verstra Ventures, marking a pivot towards expanding its service offerings.Verto Health specializes in advanced healthcare solutions centered around its patented AI-enabled digital twin technology. This innovative platform enables health systems to effectively manage and analyze population health data, uncovering critical insights that drive meaningful interventions. By automating repetitive administrative tasks and improving access to care, Verto's solutions facilitate a seamless patient experience. The company provides a comprehensive suite of services, including digital twin automation, population health management, and a digital front door for patients to explore various care options. Their clientele comprises over 100 health systems and providers, with a specific focus on North America, where they are actively transforming healthcare delivery.Verto Health operates primarily on a subscription-based revenue model, engaging its clients—health systems and healthcare providers—through partnerships that leverage its suite of digital health solutions. Clients typically enter into agreements that allow them to access and utilize Verto's flagship products, which include digital twin automation and population health management tools. The structure of transactions is designed to foster long-term collaborations, providing ongoing support and updates as part of the subscription. By positioning itself as a critical partner in healthcare innovation, Verto aims to enhance its clients' operational efficiency and patient care outcomes. Revenue generation is closely tied to the adoption of its technology across the healthcare ecosystem, reflecting the value delivered through its proprietary services.In August 2020, Verto Inc. raised CAD 2 million in Seed funding, which will be utilized to enhance its existing healthcare solutions and support the development of future products. The company plans to expand its services into additional North American markets by 2022, focusing on partnerships with more health systems to increase the adoption of its digital health tools. This funding will also support ongoing research and development initiatives aimed at refining its digital twin technology.

## Funding rounds

- Seed, Aug 27, 2020, $1.5M — MaRS Investment Accelerator Fund, Amplify Capital, Verstra Ventures

## Investors

- MaRS Investment Accelerator Fund (https://capitalatlas.ai/funds/mars-investment-accelerator-fund) — Seed
- Amplify Capital (https://capitalatlas.ai/funds/amplify-capital) — Seed
- Verstra Ventures (https://capitalatlas.ai/funds/verstra-ventures) — Seed