Verato Revenue and Competitors

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Location

$35M

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • Verato's estimated annual revenue is currently $16.4M per year.(i)
  • Verato received $10.0M in venture funding in January 2019.
  • Verato's estimated revenue per employee is $130,000
  • Verato's total funding is $35M.

Employee Data

  • Verato has 126 Employees.(i)
  • Verato grew their employee count by 18% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$254.2M10009%$13.7M$796.9M
#2
$41.1M27313%$400.4MN/A
#3
$40.2M277N/AN/AN/A
#4
$425.8M1577N/AN/AN/A
#5
$118.9M669-5%$45MN/A
#6
$260.8M966N/AN/AN/A
#7
$4.3M40-66%$54.7MN/A
#8
$3.5M13N/AN/AN/A
#9
$23.1M148-20%$18.2MN/A
#10
$12.8M88-5%N/AN/A
#11
$6.1M37N/AN/AN/A
#12
$11.5M79N/AN/AN/A
#13
$2.1M10N/AN/AN/A
#14
$225M826-3%$26.7M$2.7B
#15
$1.5M10N/AN/AN/A
#16
$2.2M15N/AN/AN/A
#17
$18.4M68N/AN/AN/A
#18
$126.3M69720%N/AN/A
#19
$36.5M0N/A$43.5MN/A
#20
$32.4M1207%N/AN/A

Verato offers two cloud-based solutions powered by Referential Matching technology that enable you to match and link your patient or customer data across your enterprise with unprecedented ease and accuracy. Verato Auto-Steward is a simple cloud-based plug-in for your EHR, EMPI, or MDM that automatically finds and resolves its missed matches and duplicate recordswithout disrupting any of your existing processes or IT systems. The Verato Universal MPI is the most accurate, easiest to implement, most secure, and most cost effective EMPI or customer MDM solution on the market. It is a HITRUST-certified SaaS solution that you can deploy in as little as six weeks at any scale. Both solutions are powered by Referential Matching, the new gold standard in patient matching and customer matching technology. Referential Matching is not simply a better algorithmit is a completely different approach that is a quantum leap more accurate than the matching technologies found in conventional EHR, EMPI, and MDM tools.

keywords:Information Security,Security

$35M

Total Funding

126

Number of Employees

$16.4M

Revenue (est)

18%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Verato News

2019-01-07 - Startup Verato secures $10M for patient matching technology

Founded in 2012, Verato’s focus is on solving the problem around duplicate medical records, which can cause claims denials, increase patient safety issues and raise overall healthcare costs due to redundant testing and procedures. The Virginia startup provides two cloud-based solutions (Verato ...

2019-01-09 - Verato Raises $10M in Series C Financing

Verato, Inc., a McLean, Virginia-based patient matching technology company, raised $10m in Series C financing. Backers included Blue Heron Capital and existing investors Bessemer Venture Partners and Columbia Capital. The company will use the funds to continue to develop its solutions and expa ...

2020-05-12 - Verato Launches SDOH-Driven Solution to Support COVID-19 Contact Tracing

What You Should Know: – Verato announced an identity information service that helps with COVID-19 contact tracing by making social determinants of health (SDOH) data more complete. – According to a recent report, as much as half of the positive COVID-19 test results lack enough data to support ...

17-Aug-19 - Fairview Health Services, GRIPA, and Others Select Verato to Improve Patient Experience through Better Patient Data

Across Healthcare, providers, health plans, HIEs, and healthcare technology vendors continue adopting Verato referential matching to reverse ...

11-Jun-19 - Verato Ranked #1 Enterprise Master Patient Index in the 2019 Black Book Survey

Prestigious designation comes only two years after launching the Verato Universal™ MPI and being listed as #3 in 2018. MCLEAN, Va., June ...

7-Jan-19 - Verato Secures $10 Million Investment to Continue Mission of ...

MCLEAN Va., Jan. 07, 2019 (GLOBE NEWSWIRE) -- Verato, Inc., a leading provider of cloud-based patient matching and master patient index ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$27.9M12734%N/A
#2
$19.7M136-33%N/A
#3
$20M1383%N/A
#4
$34.4M142-34%N/A
#5
$18.9M14324%N/A

Verato Funding

DateAmountRoundLead InvestorsReference
2015-01-29$12.5MABessemer Venture PartnersArticle
2017-02-07$12.5MBBessemer Venture PartnersArticle
2019-01-08$10.0MCBessemer Venture PartnersArticle