
Verato
Verato is a cloud-based patient matching technology. It uses referential matching to link patient records across systems and enterprises.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
investor investor | €0.0 | round | |
$10.0m | Series C | ||
Total Funding | 000k |
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | 104 % | 16 % | 73 % | 29 % | 8 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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In 2012, Brent Williams founded Verato with a vision to revolutionize how healthcare organizations manage patient data. As the Founder and CTO, Williams focused on developing a cloud-based platform that uses referential matching to link patient records across various systems and enterprises. This innovation aimed to eliminate duplicate medical records and improve the quality of patient care.
Verato's journey was marked by significant milestones, including a total of $35 million raised over three funding rounds. The most notable was a Series C round in January 2019, where the company secured $10 million. This funding was pivotal in expanding Verato's capabilities and scaling its operations to meet the growing demand for accurate patient data management solutions.
Under the leadership of CEO Mark LaRow, Verato continued to grow, leveraging its technology to provide a trusted 360-degree view of patients. This approach not only enhanced patient care but also streamlined operations for healthcare providers, making Verato a key player in the healthcare technology sector.
Today, Verato stands as a testament to the power of innovative technology in transforming healthcare. By addressing the critical issue of patient data management, Verato has positioned itself as a leader in the industry, continually pushing the boundaries of what's possible in healthcare IT.