Vantage Point Logistics (VPL) provides a Smart Supply Chain Platform that automates inbound and outbound shipping, unlocks track-and-trace visibility, and delivers analytics for healthcare supply chains. Its platform includes Surpass for inbound freight, Traject and TrajectRx for outbound shipping, View for track-and-trace visibility, and Percept for enhanced analytics. VPL’s platform manages more than 6,000 suppliers and is trusted by more than 700 hospitals across health systems, specialty pharmacies, surgery centers, and other care settings. The company focuses on driving cost savings, improved insights, and increased transparency and efficiency across procurement-through-fulfillment processes. VPL plans to use new capital to support continued product innovation, organic growth, and the exploration of strategic acquisitions. Current institutional backers Radian Capital and Tamarind Hill remain minority shareholders following the announced investment. Vantage Point Logistics (VPL) provides customized freight management (VPL AdvanceTM) and self-service (VPL SurpassTM) products aimed at reducing freight expenses for healthcare and academic institutions. The company is led by CEO Rob Doone and was founded in 2011. VPL offers both managed and self-service freight solutions tailored to institutional customers. The business intends to use new funding to further develop its technology and to expand its team. No operating metrics were disclosed in the article.

Total raised

$10M

Funding rounds

2

Latest round

Equity

Latest activity

Feb 2019