Yipit LLC

Yipit LLC, based in New York, specializes in alternative data analytics, providing insights and performance metrics for institutional investors and corporations. They focus on healthcare data and other market sectors to support strategic decision-making. Founded in 2010, Yipit LLC operates out of New York, US, providing alternative data analytics services. The company was established by James Moran and Vinicius Vacanti, who have experience in building data-driven businesses.

Yipit has completed 6 deals, with its most recent funding event being a Series E round on June 12, 2024, which raised USD 475. 00 mn, led by Carlyle Group. YipitData specializes in alternative data analytics, focusing on its MedTech Aggregated Feed that tracks over 40 ticker symbols and provides weekly key performance indicators along with exclusive hospital data. The company analyzes billions of data points daily, offering insights into more than 1,000 companies across healthcare and other sectors.

Their services include market measurement, consumer behavior diagnostics, and competitive analysis, aimed at assisting investors and businesses in strategic decision-making. YipitData generates revenue through subscription-based models, offering clients tiered access to its data analytics services and reports. The firm’s subscriptions cater to B2B clients, including institutional investors and corporations, providing detailed reports that align with company-reported earnings and clarify methodology. Their flagship product, the MedTech Aggregated Feed, is among several proprietary analytics services tailored to meet diverse client needs.

In June 2024, Yipit LLC secured venture debt from CIBC Innovation Banking, with participation from returning investors Carlyle Group and Norwest Venture Partners. The company plans to enhance its analytics offerings and expand into new markets, leveraging the recent funding to support these initiatives. Specific new products are in the design phase, aiming for a release that aligns with their strategic growth objectives in the coming years.