We have some exciting news at Vitable!
Today, I am filled with immense pride and gratitude as I share a significant milestone in Vitable Health’s journey. We have successfully raised $16 million in our Series A funding round, led by Cherryrock Capital, with participation from Newark Venture Partners, Citi Impact Fund, First Round Capital, Commerce Ventures, and Y Combinator. This achievement is not just a testament to our hard work and dedication but also a powerful endorsement of our mission to fundamentally redesign healthcare and narrow the care access gap for underinsured and uninsured American workers.
Our Mission: A Personal Commitment
Vitable Health was born out of a deeply personal experience. Growing up, I witnessed firsthand the struggles of hourly workers, who often had to choose between basic necessities and healthcare. This reality fueled my passion to create a solution that would provide affordable, high-quality healthcare to those who need it most. Our mission is clear: to increase the average life expectancy of our members by over 5 years by providing accessible and comprehensive primary care.
Utilizing the $16M Series A Fundraising
With this new funding, we are poised to expand our reach and impact even further. Our immediate goal is to extend Vitable’s services to over 40 states, ensuring that more American workers have access to the healthcare they deserve. We have already launched 3 additional states since the fundraise, in Florida, Texas, and Ohio and we are moving fast to open more states. This expansion is crucial as we strive to support more self-insured employers and small businesses, offering them a viable alternative to traditional health insurance.
The funds will also be used to enhance our primary care and care navigation capabilities. We are committed to delivering truly affordable preventive and primary care, along with free prescriptions and mental health coverage.
A Heartfelt Thank You
I want to extend my heartfelt thanks to our members and partners, as your trust and support have been instrumental in our growth, our dedicated team for their relentless efforts, and to our investors for believing in our vision. Together, we are making a tangible difference in the lives of many, and I am excited about the future we are building.
Looking Ahead
As we move forward, our commitment to our mission remains unwavering. We will continue to innovate and expand, ensuring that every American worker has access to the healthcare they need to lead healthier, more fulfilling lives. This is just the beginning, and I am confident that with your continued support, we will achieve even greater heights.
Thank you for being a part of this journey. Together, we are closing the healthcare gap and creating a brighter, healthier future for all.
Warm regards,
Joseph Kitonga
Founder & CEO, Vitable Health
.png)
