VIT Initiative Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 5

Employees

  • Latest Deal Type
  • M&A

VIT Initiative General Information

Description

Developer of a wearable device designed to reduce operational risk and keep employees healthy. The company's device tracks the lifting form and fatigue level of the workers as well as identifies high-risk factors and actions that lead to injury, enabling businesses to increase operational efficiency and boost employee safety compliance and decrease injury costs.

Contact Information

Website
www.vitinitiative.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 4620 Henry Street
  • Pittsburgh, PA 15217
  • United States
Primary Industry
Therapeutic Devices
Other Industries
Business/Productivity Software
Acquirer
Sword Health
Vertical(s)
Advanced Manufacturing, Wearables & Quantified Self, HealthTech
Corporate Office
  • 4620 Henry Street
  • Pittsburgh, PA 15217
  • United States

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VIT Initiative Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition 05-Oct-2021 Completed Generating Revenue
7. Seed Round 15-Apr-2020 Completed Generating Revenue
6. Accelerator/Incubator 19-Dec-2019 Completed Generating Revenue
5. Seed Round Completed Generating Revenue
4. Accelerator/Incubator 13-Dec-2016 Completed Generating Revenue
3. Accelerator/Incubator 09-Oct-2015 Completed Generating Revenue
2. Grant 26-Mar-2015 $2.5K $5K Completed Generating Revenue
1. Accelerator/Incubator 18-Feb-2015 $5K $5K Completed Generating Revenue
To view VIT Initiative’s complete valuation and funding history, request access »

VIT Initiative Signals

Growth Rate

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Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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VIT Initiative Former Investors (10)

Investor Name Investor Type Holding Investor Since Participating Rounds
1Indicator Venture Capital Minority
412 Venture Fund Venture Capital Minority
AlphaLab Gear Accelerator/Incubator Minority
Carnegie Mellon University University
HAX Corporate Venture Capital Minority
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VIT Initiative FAQs

  • When was VIT Initiative founded?

    VIT Initiative was founded in 2015.

  • Where is VIT Initiative headquartered?

    VIT Initiative is headquartered in Pittsburgh, PA.

  • What is the size of VIT Initiative?

    VIT Initiative has 5 total employees.

  • What industry is VIT Initiative in?

    VIT Initiative’s primary industry is Therapeutic Devices.

  • Is VIT Initiative a private or public company?

    VIT Initiative is a Private company.

  • What is VIT Initiative’s current revenue?

    The current revenue for VIT Initiative is .

  • How much funding has VIT Initiative raised over time?

    VIT Initiative has raised $65K.

  • Who are VIT Initiative’s investors?

    1Indicator, 412 Venture Fund, AlphaLab Gear, Carnegie Mellon University, and HAX are 5 of 10 investors who have invested in VIT Initiative.

  • When was VIT Initiative acquired?

    VIT Initiative was acquired on 05-Oct-2021.

  • Who acquired VIT Initiative?

    VIT Initiative was acquired by Sword Health.

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