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- Vesta Healthcare
Vesta Healthcare Funding, Investors & Competitors
Vesta Healthcare has raised $160M across 4 funding rounds, most recently a $55M Series C in March 2024.
Last Vesta Healthcare funding round
$55M
Series C · Mar 2024
Cumulative funding Vesta Healthcare raised
$160M
across 4 funding rounds
Key investors in Vesta Healthcare
Lux Capital
Oak HC/FT
Deerfield
Kaiser Permanente Ventures
Generator Ventures
Nationwide Building
CareCentrix
Epstein Partners
About Vesta Healthcare
Vesta Healthcare is a New York-headquartered provider of telehealth and data analytics for home-based senior care. It deploys 24/7 remote monitoring through wearables and apps, connecting caregivers to clinicians for frail elderly populations. Vesta integrates with Medicare Advantage plans and home agencies, analyzing data for early interventions that reduce hospitalizations by 40%. The platform serves over 50 health systems across 20 states with HIPAA-compliant dashboards.
Founded
2018
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Vesta Healthcare Funding History
Vesta Healthcare has raised a total of $160M across 4 funding rounds.
Vesta Healthcare's first fundraising round was a $10M Series A in November 2018. The most recent completed round was a $55M Series C in March 2024.
Vesta Healthcare funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Mar 2024 | Series C | RA Capital Management (lead); Kaiser Permanente Ventures; Nationwide Building; Lux Capital; Walgreens; Chrysalis Ventures; Oak HC/FT; Generator Ventures; Deerfield | $55M | Vesta Healthcare is a New York-based virtual care provider specializing in home-based care for seniors and individuals with chronic conditions and functional limitations, serving over 50,000 people through services like 24/7 remote patient monitoring, home-based primary care, passive monitoring systems, and integration of patients, caregivers, home care agencies, providers, family members, and insurance plans. The company acts as a connective tissue in the home care ecosystem, leveraging caregivers to bridge gaps between healthcare and home care, and claims outcomes such as 7% reduction in total cost of care for payers and 40% reduction in hospital admissions per thousand patients. It has formed partnerships like with Highland Valley Elder Services and was selected with CareAtHome Medical Group for CMS's GUIDE program for dementia patients in 11 states starting July 2025. On March 13, 2024, Vesta Healthcare closed a $65 million Series C funding round, comprising an equity portion led by RA Capital Management with participation from existing investors including Chrysalis Ventures, Oak HC/FT, CareCentrix/Walgreens, Nationwide, Kaiser Permanente Ventures, Lux Capital, Generator Ventures, and Deerfield Management, alongside new debt financing from Horizon Technology Finance (affiliate of Monroe Capital). This round brings total funding since 2019 to $160 million, following a prior $65 million growth capital raise in 2021 and overall raised approximately $270.96 million across multiple rounds. The funding is earmarked to propel growth, including expansion into new geographies, partnerships with home care providers referring patients, and augmenting services across the US to position Vesta as a key partner to home care agencies nationwide. CEO Randy Klein emphasized caregivers as a vital yet disconnected resource in home healthcare, while RA Capital's Dr. Michael Sherman highlighted the clinical potential of Vesta's model. The company continues to target home care agencies, providers, and payers to improve member satisfaction, manage conditions, and quality metrics. |
| Apr 2021 | Series C | Deerfield (lead); Epstein Partners; K2 HealthVentures; Nationwide Building; CareCentrix; Lux Capital; Kaiser Permanente; Oak HC/FT; Generator Ventures; Optum Ventures | $65M | Vesta Healthcare is a New York City-based digital health platform founded in 2018, specializing in home-based care for high-need, frail seniors. It operates a 'Homecareist' model with a specialized provider team that manages in-home care, coordinates between patients aging at home, their paid and unpaid caregivers, and the broader care delivery system. The platform connects caregiver insights to the care team, supports virtual chronic care management, remote health monitoring, and partners with home care agencies, health plans, and providers for value-based population health programs emphasizing clinical quality and improved outcomes. On April 6, 2021, Vesta announced $65 million in growth capital, led by Deerfield Management Company, with participation from existing investors Oak HC/FT, Kaiser Permanente Ventures, Lux Capital, Generator Ventures, Nationwide, CareCentrix, and Epstein Partners, plus new investor K2 HealthVentures and an unnamed participant. This followed a $30 million raise in 2019, bringing total equity funding to $95 million at that point. The funds were earmarked for geographic expansion beyond its then-current five states, developing partnerships with home care agencies, launching new program offerings, scaling sales, marketing, operations, and technology teams, and increasing capacity for population health programs and risk contracts. By early 2021, Vesta had expanded its footprint to five states with nearly nationwide coverage via its affiliated medical group and rapid network participation growth. The investment supported its mission to transform home care delivery using physicians, nurses, innovative technology, novel care models, and data-driven solutions, particularly highlighted during the COVID-19 pandemic's emphasis on caregiver engagement at home. Vesta competed in the growing U.S. telehealth industry, valued at $9.5 billion with 80% growth the prior year. |
| Jan 2020 | Series A | Deerfield (lead); Oak HC/FT (lead); Epstein Partners; Kaiser Permanente Ventures; CareCentrix; Nationwide Ventures; Lux Capital; Generator Ventures | $30M | Vesta Healthcare, formerly known as HT Health, is a 24/7 technology and clinical services organization dedicated to supporting caregivers and connecting their insights to the broader care team. The company provides real-time clinical support technology that enables caregivers with better access and timely feedback on clinical and environmental issues, with a focus on helping seniors age safely at home while integrating caregivers into clinical care workflows. In January 2020, Vesta Healthcare closed a $30 million Series A funding round co-led by Oak HC/FT and Deerfield Management Company. The round included participation from existing investors Lux Capital and Kaiser Permanente Ventures, as well as new investors Generator Ventures, CareCentrix, Epstein Partners, and Nationwide Ventures. Proceeds were allocated toward expanding product development, engineering, sales and marketing capabilities, and supporting new market expansion efforts. At the time of the funding announcement, Vesta was growing operations in Massachusetts with live programs in partnership with Commonwealth Care Alliance and Element Care PACE, with plans to enter new markets in 2020. The company's positioning emphasized quality and outcomes metrics aligned with value-based care models. Board participation from investors included Bharath Ganesan (Principal at Deerfield) joining the board, with Julian Harris, M.D. (Partner at Deerfield) and Russell Hirsch (Managing Director at Generator Ventures) joining as board observers. |
| Nov 2018 | Series A | Oak HC/FT (lead); Kaiser Permanente Ventures; Lux Capital | $10M | Vesta Healthcare is a technology and clinical services organization founded in 2018 that provides telehealth support, remote patient monitoring, and coordination of home-based care. The company serves high-need, frail seniors and connects caregiver insights to the broader care team through its "Homecareist" model, which establishes specialized provider teams managing in-home care coordination between patients and their caregivers (both paid and unpaid) and other care delivery stakeholders. Vesta previously raised $30 million in a Series A round in January 2020 led by Oak HC/FT and Deerfield Management Company, with participation from Kaiser Permanente Ventures, Lux Capital, Generator Ventures, CareCentrix, Epstein Partners, and Nationwide Ventures. The company raised an additional $65 million in a Series C round in March 2024 led by RA Capital Management, expanding its reach to serve more than 50,000 people. The company's innovative approach integrates technology and clinical services to enable people with home care to live longer, healthier lives at home while reducing unnecessary costs and stress on caregivers. |
Who has invested in Vesta Healthcare?
15 investors have backed Vesta Healthcare across its funding rounds, including Lux Capital, Oak HC/FT, Deerfield, Kaiser Permanente Ventures, Generator Ventures and Nationwide Building.
Lead investors include RA Capital Management, Deerfield and Oak HC/FT.
Vesta Healthcare Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Participant | Nov 2018 | ||
| 4 | Lead | Nov 2018 | ||
| 3 | Participant | Nov 2018 | ||
| 3 | Participant | Jan 2020 | ||
| 3 | Lead | Jan 2020 | ||
| 2 | Participant | Jan 2020 | ||
| 2 | Participant | Apr 2021 | ||
| 2 | Participant | Jan 2020 | ||
| 1 | Participant | Apr 2021 | ||
| 1 | Participant | Jan 2020 | ||
| 1 | Participant | Mar 2024 | ||
| 1 | Participant | Apr 2021 | ||
| 1 | Participant | Mar 2024 | ||
This data is available for Pro users. Sign up to see all 15 Vesta Healthcare investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialVesta Healthcare Competitors
Vesta Healthcare competitors include listed companies like Clover Health and JMDC, and private ones like WeDoctor, Devoted Health, Cityblock Health and Noom.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $139M | - | $7B | 50.4x | ||
| Private | $3.3B | - | $13B | 4.0x | ||
| Private | - | - | $5.7B | - | ||
| Private | $400M | - | $3.7B | 9.3x | ||
| Publicly listed | $1.9B | ($84M) | $2.4B | 0.8x | ||
| Publicly listed | $324M | $88M | $1.5B | 4.6x |
Vesta Healthcare Public Comps
Vesta Healthcare is still privately-owned, but its public comps include UnitedHealth Group, IQVIA, Revvity, Solventum, Tempus AI, ICON plc, Molina Healthcare, Max Healthcare Institute, Oscar Health and Caris Life Sciences.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $448B | $23B | 0.9x | 0.9x | 16.7x | 13.3x | |||
| $16B | $3.4B | 3.6x | 3.4x | 17.2x | 14.8x | |||
| $2.9B | $735M | 6.5x | 6.6x | 25.4x | 21.0x | |||
| $8.3B | $2.5B | 2.4x | 2.4x | 7.8x | 8.9x | |||
| $1.3B | ($131M) | 12.0x | 10.1x | (116.0x) | 346.0x | |||
| $8.3B | $816M | 1.9x | 1.9x | 19.2x | 11.3x | |||
| $45B | $976M | 0.1x | 0.1x | 5.9x | 7.2x | |||
| $858M | $232M | 12.6x | 10.2x | 46.5x | 36.8x | |||
This data is available for Pro users. Sign up to see all Vesta Healthcare competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Vesta Healthcare
| When was Vesta Healthcare founded? | Vesta Healthcare was founded in 2018. |
| Where is Vesta Healthcare headquartered? | Vesta Healthcare is headquartered in New York City, NY, United States. |
| Is Vesta Healthcare publicly listed? | No, Vesta Healthcare is a private, VC-backed company. |
| How much funding has Vesta Healthcare raised? | Vesta Healthcare has raised $160M across 4 funding rounds. |
| What was Vesta Healthcare's last funding round? | Vesta Healthcare's last funding round was a $55M Series C in March 2024, led by RA Capital Management. |
| Who are Vesta Healthcare's investors? | Vesta Healthcare's investors include Lux Capital, Oak HC/FT, Kaiser Permanente Ventures, Generator Ventures, Deerfield, Epstein Partners, Nationwide Building, CareCentrix, K2 HealthVentures, Nationwide Ventures and 5 others. |
| Which companies are comparable to Vesta Healthcare? | Companies comparable to Vesta Healthcare include WeDoctor, Devoted Health, Cityblock Health, Noom, Clover Health and JMDC. |
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