VitreosHealth Secures $5 Million Investment

VitreosHealth announced that it has secured $5 million in funding from a syndicate led by an affiliate of Kinderhook Industries, LLC.
According to the company’s press release:

The VitreosHealth value proposition builds on three pillars:

• Predictive and prescriptive models that deliver 2-3 times better results than other solutions in the market at identifying health outcome improvement opportunities
• Insights-as-a-Service delivery model that removes all technology barriers to realizing improvement opportunities
• A pricing model that is pay-for-performance and tied to customers’ success in their population health efforts

Jay Reddy, President and CEO of VitreosHealth commented:

VitreosHealth is thrilled to welcome Kinderhook to our team. The Kinderhook investment, which follows a stellar year of performance during which we grew sales by 400% and doubled our customer base, is ongoing validation of our solution’s value proposition and business model.

Click here to view the full press release.