Vital Diagnostics

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Vital Diagnostics - overview

Location

-, RI, US

Primary Industry

Healthcare

About

Vital Diagnostics delivers innovative technology solutions aimed at enhancing operational efficiency in various industries, particularly healthcare, finance, and logistics. Vital Diagnostics specializes in developing technology solutions that improve operational workflows. The company was acquired by ELItech in June 2012, part of a deal involving several investment partners. Its headquarters is located in the US, and it has executed 1 deal to date.


The company specializes in innovative technology solutions designed to enhance operational efficiency across various industries. Its core product offerings include a software platform that integrates seamlessly with existing systems to streamline processes, improve data accuracy, and enhance user experience. The technology is particularly effective in sectors such as healthcare, finance, and logistics, where precision and reliability are paramount. The solutions are tailored to meet the unique needs of a diverse client base, including enterprise-level organizations and small to medium-sized businesses.


Geographic markets served encompass North America, Europe, and Asia, where clients utilize these products to address specific challenges like compliance, resource allocation, and customer engagement. The company's revenue model is primarily structured around subscription-based services, allowing clients to access its technology solutions on an ongoing basis. Typical transactions involve annual or monthly subscriptions for the software platform, with pricing tiers that cater to different levels of service and user access. Clients may also engage in long-term partnerships that provide additional support and customization options, enhancing their operational capabilities.


Each subscription plan grants access to flagship products, which are designed to provide comprehensive analytics and real-time data insights. Through this structured transactional approach, the company effectively meets the demands of its client base while fostering sustainable revenue growth. Vital Diagnostics aims to expand its product offerings by designing new solutions that are set to launch in the coming years. The company also plans to penetrate new markets in Asia and Europe by 2025.


Funding received from the acquisition in June 2012 will support the development of these initiatives and the enhancement of their existing solutions.


Current Investors

ELITechGroup SAS

Primary Industry

Healthcare

Sub Industries

Diagnostic, Medical & Imaging Laboratories

Website

www.vitaldiagnostics.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Vital Diagnostics - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedVital Diagnostics-

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