# Voalte

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

- Industry: Software
- Headquarters: Sarasota, US
- Website: www.voalte.com
- Total disclosed funding: $53M
- Latest round: Series D (Sep 2, 2015)
- Investors on record: 3

## About

Voalte, Inc. specializes in communication solutions tailored for healthcare providers, enhancing clinical workflows through mobile technology and real-time communication systems.Voalte, Inc. was founded in 2008 in Sarasota, US, focusing on innovative communication solutions for healthcare. The company was acquired by Hill-Rom Services Inc. for USD 180 mn in March 2019, with the acquisition finalized in April 2019. The firm has engaged in a total of eight deals, with the most recent being in March 2019. The founder's specific history is not disclosed.Voalte, Inc. offers a range of mobile communication solutions designed for the healthcare sector. Their primary products facilitate real-time communication among clinical staff, thus improving patient care and operational efficiency. The company serves various healthcare institutions and aims to streamline workflows through advanced mobile technology.Voalte generates revenue through service agreements and subscription models tailored to healthcare providers. These engagements often involve long-term contracts that encompass mobile communication tools aimed at optimizing clinical processes and enhancing patient outcomes.Following the acquisition by Hill-Rom Services Inc., Voalte plans to leverage the USD 180 mn funding towards enhancing its product offerings and expanding into new markets. Specific strategies include developing new mobile communication products aimed at improving healthcare delivery and targeting expansion into international markets by 2022. These initiatives are expected to utilize recent funding to bolster technological enhancements and market outreach.

## Funding rounds

- Series D, Sep 2, 2015, $17M — Ascension Ventures, Bedford Funding, Cerner Health Ventures
- Series C, Feb 24, 2014, $36M — Bedford Funding

## Investors

- Bedford Funding (https://capitalatlas.ai/funds/bedford-funding) — Series C, Series D
- Ascension Ventures (https://capitalatlas.ai/funds/ascension-ventures) — Series D
- Cerner Health Ventures (https://capitalatlas.ai/funds/cerner-health-ventures) — Series D