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VIT Initiative - About the company

VIT Initiative is an acquired company based in Pittsburgh (United States), founded in 2014 by Connor Young and Andy Chan. It operates as a Guide to maximizing credit card cash conversion through strategic purchases. VIT Initiative has raised an undisclosed amount in funding. The company has 1099 active competitors, including 245 funded and 62 that have exited. Its top competitors include companies like Voxel AI, Endotronix and WakeCap.

Company Details

Guide to maximizing credit card cash conversion through strategic purchases. This platform provides insights into optimizing credit card cash conversion. It offers guidance on selecting high-value items like gift cards and electronics for efficient transactions. Explore strategies for converting Amazon gift cards into cash, considering both direct sales and specialized vendor options. The site emphasizes informed decision-making to achieve satisfactory cash conversion outcomes. It serves as a resource for understanding the nuances of credit card cash conversion, focusing on maximizing returns through informed choices. The platform offers advice, tips, and recommendations for users seeking to navigate the landscape of credit card cash conversion effectively.
Email ID
*****@vitinitiative.com
Key Metrics
Founded Year
2014
Location
Pittsburgh, United States
Stage
Acquired
Latest Funding Round
Investors
Ranked
Employee Count
3 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by Sword Health (Oct 05, 2021)

VIT Initiative's acquisition details

VIT Initiative got acquired by Sword Health on Oct 05, 2021.
Click here to take a look at VIT Initiative's acquisition in detail
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VIT Initiative's funding and investors

VIT Initiative has raised funding over 2 rounds. Its first funding round was on Apr 04, 2017. Its latest funding round was a Seed round on 2019 for $*****. 1 investor participated in its latest round. VIT Initiative has 8 institutional investors.

Here is the list of recent funding rounds of VIT Initiative:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2019
9599
Seed
2210
4897
3881
4029
Apr 04, 2017
4154339
Grant (prize money)
5301851
9513377
3106262
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VIT Initiative's founders and board of directors

Founder? Claim Profile
The founders of VIT Initiative are Connor Young and Andy Chan.
Here are the details of VIT Initiative's key team members:
  • Connor Young: Co-Founder & COO of VIT Initiative.
  • Andy Chan: CEO & Founder (Acquired by SWORD Health) of VIT Initiative.

VIT Initiative's employee count trend

VIT Initiative has 3 employees as of Jul 24. Here is VIT Initiative's employee count trend over the years:
Employee count trend for VIT Initiative
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VIT Initiative's Competitors and alternates

Top competitors of VIT Initiative include Voxel AI, Endotronix and WakeCap. Here is the list of Top 10 competitors of VIT Initiative, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Voxel AI
Voxel AI
2020, San Francisco (United States), Series B
Developer of an industrial intelligence platform that leverages computer vision to provide real-time insights for workplace safety and operations
$83M
65/100
2nd
Logo for Endotronix
Endotronix
2007, East Peoria (United States), Acquired
Provider of device for Measurement of Hemodynamic parameters for heart failure maangement
$155M
65/100
3rd
Logo for WakeCap
WakeCap
2017, Riyadh (Saudi Arabia), Series B
Provider of sensor-powered project-controls system for workforce visibility and intelligence
$32M
64/100
4th
Logo for Biobeat
Biobeat
2014, Petah Tikva (Israel), Series B
Body vitals monitoring solution
$51M
61/100
5th
Logo for Somatix
Somatix
2015, New York City (United States), Acquired
Provider of an AI-based remote health monitoring tool
$21.2M
61/100
6th
Logo for Neteera
Neteera
2014, Jerusalem (Israel), Series B
Provider of a contactless remote patient monitoring platform
$28.2M
60/100
7th
Logo for Health Hero Network
Health Hero Network
1988, London (United Kingdom), Acquired
Offers technology-based solutions for remote health monitoring and management.
$34M
59/100
8th
Logo for Vivalink
Vivalink
2014, Campbell (United States), Seed
Provider of wearable sensors and digital health solutions for monitoring
$1.54M
59/100
9th
Logo for Spry Health
Spry Health
2013, Palo Alto (United States), Series A
Wearable for non-invasive monitoring using predictive analytics
$5.5M
59/100
10th
Logo for Proxgy
Proxgy
2020, Gurugram (India), Series A
Manufacturer of industrial internet of things safety gear and wearables
$6.73M
58/100
223rd
Logo for VIT Initiative
VIT Initiative
2014, Pittsburgh (United States), Acquired
Guide to maximizing credit card cash conversion through strategic purchases
-
34/100
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VIT Initiative's Investments and acquisitions

VIT Initiative has made no investments or acquisitions yet.

Reports related to VIT Initiative

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