Vytalize Health Funding, Investors & Competitors

Vytalize Health has raised $170M across 4 funding rounds, most recently a $100M Series C in February 2023.

Last Vytalize Health funding round

$100M

Series C · Feb 2023

Cumulative funding Vytalize Health raised

$170M

across 4 funding rounds

Key investors in Vytalize Health

  • KittyHawk
  • North Coast Ventures
  • Enhanced Healthcare Partners
  • Dreamit Ventures
  • Monroe Capital
  • Hudson River Capital Partners
  • Amerihealth
  • Kawn Ventures

Vytalize Health Overview

About Vytalize Health

Vytalize Health is a value-based care enablement platform for independent primary care practices, serving primarily Medicare patients. It partners with practices across 36 states to support more than 250,000 patients, providing technology, virtual clinic services, data analytics, chronic care management, behavioral health, and remote monitoring to help practices succeed in risk-bearing arrangements such as ACOs and Medicare Advantage. Vytalize also operates its own risk-bearing entity and has expanded through acquisitions, including a controlling stake in the Independent Physician Association of New York.


Founded

2014

HQ

United StatesHoboken, NJ

Status

Privately held

Customer focus

B2B & B2G

Revenue model

Services

Vytalize Health Funding History

Vytalize Health has raised a total of $170M across 4 funding rounds.

Vytalize Health's first fundraising round was a $6M seed round in January 2020. The most recent completed round was a $100M Series C in February 2023.

Vytalize Health funding rounds

Vytalize Health funding rounds
DateStageInvestorsRaisedDeal Summary
Feb 2023Series CEnhanced Healthcare Partners (lead); Monroe Capital (lead); North Coast Ventures$100MVytalize Health is a value-based care enablement platform focused on primary care, partnering with hundreds of practices across 36 states to serve over 250,000 patients, primarily seniors under Medicare. It provides technology, virtual clinic services, incentives, data analytics, chronic care management, behavioral health, remote monitoring, and workflow tools to help independent practices succeed in risk-bearing arrangements like ACOs and Medicare Advantage. The company originated as a primary care provider but pivoted to enablement, emphasizing data-driven care to improve outcomes and reduce costs, with reported per-patient savings exceeding $400 in 2021. On February 22, 2023, Vytalize Health closed a $100 million funding round led by Enhanced Healthcare Partners and Monroe Capital, with participation from North Coast Ventures, bringing total funding to over $170 million following a prior $53 million Series B and $50 million Series B extension in 2022. The capital is earmarked for scaling to reach more patients, enhancing technology and integrations with hospitals and specialists, expanding the team, and pursuing growth via M&A. Enhanced Healthcare Partners, which first invested in March 2022, deepened its commitment post-round by supporting Vytalize's acquisition of a controlling stake in the Independent Physician Association of New York (IPA NY), adding over 3,000 providers and 1,000 locations. Vytalize influences $2 billion in medical spending through its network, with two-thirds of clients being small practices. It tracks internal 'Vytal Signs' metrics including CMS quality measures, access to care, documentation quality, and ACO participation rates. The platform aims to protect independent primary care in a value-based shift, rewarding outcome improvements amid receptive market conditions for VBC enablers.
Apr 2022Series BEnhanced Healthcare Partners (lead); North Coast Ventures; Kawn Ventures; KittyHawk$47MVytalize Health is a value-based care platform for seniors, offering a vertically integrated solution that combines a risk-bearing entity, virtual and in-home clinic models, and technology to support primary care practices. Founded in 2014 as a Medicare-focused primary care practice in New York, it expanded in 2017 to provide services to other practices. By April 2022, it partnered with 280 primary care practices across 16 states, managing care for over 130,000 senior patients responsible for $2 billion in medical spending, with 150% year-over-year patient base growth. On April 11-13, 2022, Vytalize Health closed over $50 million in Series B financing led by Enhanced Healthcare Partners, with participation from Kittyhawk Ventures (Series A lead), Kawn Ventures, North Coast Ventures, and other existing investors. The funds were allocated to invest in care delivery infrastructure, geographic expansion, contracting with Medicare Advantage and commercial plans, and team growth. This round brought total funding to roughly $70 million. The platform enables providers to deliver evidence-based medicine, improve patient outcomes, and reduce costs through data-driven workflows and patient engagement tools. Previously, Vytalize acquired MedPilot for patient communication and began integrating downstream networks like hospitals and specialists. Post-Series B, Vytalize expanded to 36 states, partnered with over 2,500 primary care providers, and entered hospital and specialist partnerships. In a later raise, it secured $100 million led by Enhanced Healthcare Partners, building on the Series B.
Jan 2021Series AKittyHawk (lead)$17M-
Jan 2020SeedHudson River Capital Partners (lead); Dreamit Ventures; Amerihealth; Highnote Foundry; KittyHawk; Ghawi Capital LLC; Next Equities$6M-

Who has invested in Vytalize Health?

11 investors have backed Vytalize Health across its funding rounds, including KittyHawk, North Coast Ventures, Enhanced Healthcare Partners, Dreamit Ventures, Monroe Capital and Hudson River Capital Partners.

Lead investors include Enhanced Healthcare Partners, Monroe Capital, KittyHawk and Hudson River Capital Partners.


Vytalize Health Investors

Investors in Vytalize Health by funding rounds participated
InvestorHQRoundsRoleFirst check
KittyHawkUnited StatesLos Angeles, CA3LeadJan 2020
Enhanced Healthcare PartnersUnited StatesNew York City, NY2LeadApr 2022
North Coast VenturesUnited StatesUnited States2ParticipantApr 2022
Dreamit VenturesUnited StatesPhiladelphia, PA1ParticipantJan 2020
Hudson River Capital PartnersUnited StatesNew York City, NY1LeadJan 2020
Kawn VenturesJordanAmman1ParticipantApr 2022
AmerihealthUnited StatesPhiladelphia, PA1ParticipantJan 2020
Monroe CapitalUnited StatesChicago, IL1LeadFeb 2023
Highnote FoundryUnited StatesNew York City, NY1ParticipantJan 2020

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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples

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Acquisitions by Vytalize Health

Vytalize Health has acquired 2 companies to date.

Last acquisition by Vytalize Health was on April 11th 2023. Vytalize Health acquired Independent Physician Association of New York (IPA NY) for undisclosed valuation.


Latest Acquisitions by Vytalize Health

Independent Physician Association of New York (IPA NY)
MedPilot
Description
Independent Physician Association of New York is a physician-led multi-specialty group in New York State. The association supports independent doctors with value-based care contracts, care management, and payer negotiations for primary care, cardiology, orthopedics, and other specialties. IPA NY operates networks in Manhattan, Brooklyn, and upstate regions.
MedPilot is a patient payment platform simplifying billing verification and collections for U.S. healthcare providers. The system displays owed amounts with clear explanations, supported by digital help centers and live agents. MedPilot conducts post-payment surveys capturing patient feedback for clinics like Aspen Dental. Headquartered in Nashville, Tennessee, it integrates with EHRs from Epic and Cerner for automated statements since 2015.
HQ CountryUnited StatesUnited States
HQ City
New York City, NY
Cleveland, OH
Deal Date11 Apr 202317 Feb 2021
Valuationundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Vytalize Health Competitors

Vytalize Health competitors include listed companies like UnitedHealth Group, Molina Healthcare and Clover Health, and private ones like Garner Health, Thyme Care and Main Street Health.

Public and private companies comparable to Vytalize Health
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
UnitedHealth GroupUnited StatesUnited StatesPublicly listed$448B$23B$337B0.9x
Molina HealthcareUnited StatesUnited StatesPublicly listed$45B$976M$11B0.1x
Garner HealthUnited StatesNew York City, NYPrivate$200M-$2.7B13.7x
Clover HealthUnited StatesUnited StatesPublicly listed$1.9B($84M)$2.4B0.8x
Thyme CareUnited StatesNashville, TNPrivate--$2B-
Main Street HealthUnited StatesUnited StatesPrivate--$1.5B-

Vytalize Health Public Comps

Vytalize Health is still privately-owned, but its public comps include UnitedHealth Group, Elevance Health, Cigna Group, Humana Inc., Molina Healthcare, HealthEquity, Fortis Healthcare, WEX, Benefit Systems and Clover Health.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
UnitedHealth Group$448B$23B0.9x0.9x16.7x13.3x
Elevance Health$199B$9.7B0.6x0.6x11.5x11.2x
Cigna Group$274B$12B0.4x0.3x8.2x7.5x
Humana Inc.$130B$3B0.4x0.3x17.8x16.6x
Molina Healthcare$45B$976M0.1x0.1x5.9x7.2x
HealthEquity$1.3B$478M6.5x6.2x17.9x14.0x
Fortis Healthcare$943M$215M7.8x7.1x34.1x31.0x
WEX$2.7B$992M2.2x2.1x6.0x4.8x

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Common questions about Vytalize Health

When was Vytalize Health founded?Vytalize Health was founded in 2014.
Where is Vytalize Health headquartered?Vytalize Health is headquartered in Hoboken, NJ, United States.
Is Vytalize Health publicly listed?No, Vytalize Health is a private, VC-backed company.
How much funding has Vytalize Health raised?Vytalize Health has raised $170M across 4 funding rounds.
What was Vytalize Health's last funding round?Vytalize Health's last funding round was a $100M Series C in February 2023, led by Enhanced Healthcare Partners and Monroe Capital.
Who are Vytalize Health's investors?Vytalize Health's investors include KittyHawk, Enhanced Healthcare Partners, North Coast Ventures, Dreamit Ventures, Hudson River Capital Partners, Kawn Ventures, Amerihealth, Monroe Capital, Highnote Foundry, Ghawi Capital LLC and 1 other.
Which companies are comparable to Vytalize Health?Companies comparable to Vytalize Health include UnitedHealth Group, Molina Healthcare, Garner Health, Clover Health, Thyme Care and Main Street Health.
How many companies has Vytalize Health acquired?Vytalize Health has acquired 2 companies, including Independent Physician Association of New York (IPA NY) and MedPilot.

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