# Vitable

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/vitable-2

- Industry: Insurance
- Headquarters: Philadelphia, US
- Website: www.vitablehealth.com
- Total disclosed funding: $16M
- Latest round: Series A (Mar 8, 2024)
- Investors on record: 6

## About

Vitable, Inc. is a US-based company that provides enhanced primary care services, focusing on accessibility and affordability for hourly workers and their families through innovative healthcare solutions.Founded in 2020, Vitable, Inc. is headquartered in Philadelphia, US, and specializes in delivering primary care services tailored to hourly workers. The company has completed four deals, with its most recent funding round being a Series A on March 8, 2024, in which it raised USD 16.06 mn led by Cherryrock Capital, with participation from other notable investors including Y Combinator and First Round Capital. The firm was co-founded by Joseph Kitonga and Sanaz A., both of whom have experience in the healthcare sector.Vitable Health offers an enhanced primary care membership designed to deliver high-quality healthcare services to hourly workers and their families. The core product includes access to in-home and virtual primary care visits that provide comprehensive assessments, diagnoses, and treatments for various health issues, including common ailments, chronic conditions, and mental health services. A significant feature of the membership is access to over 1,000 free prescriptions, ensuring essential medications at no additional cost. Vitable's services enhance accessibility and convenience, targeting employers who seek to improve healthcare options for employees and individuals needing affordable healthcare solutions.Vitable Health operates on a subscription-based revenue model, where employers pay a flat monthly membership fee per employee for access to its suite of primary care and mental health services. This model allows for predictable budgeting concerning healthcare expenditures, minimizes employee claims, and reduces overall costs associated with traditional healthcare services. The membership includes direct primary care offerings, promoting employee wellness by eliminating copays, deductibles, and claims, thus fostering higher utilization rates compared to industry averages.In March 2024, Vitable, Inc. raised USD 16.06 mn in Series A funding led by Cherryrock Capital, with participation from Y Combinator and Commerce Ventures. The company plans to utilize this funding to expand its services, targeting enhancements in its healthcare offerings. Specific future products under development and timelines for market launch will be disclosed as they progress, alongside potential geographic expansion plans to reach new clients across the United States.

## Funding rounds

- Series A, Mar 8, 2024, $16M — First Round Capital, Y Combinator, Commerce Ventures, Citi Ventures, NVP Capital, Cherryrock Capital
- Seed, Aug 24, 2020, $0.1M — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A
- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Series A
- Commerce Ventures (https://capitalatlas.ai/funds/commerce-ventures) — Series A
- Citi Ventures (https://capitalatlas.ai/funds/citi-ventures) — Series A
- NVP Capital — Series A
- Cherryrock Capital (https://capitalatlas.ai/funds/cherryrock-capital) — Series A