Voalte develops smartphone applications that enable care teams inside and outside hospitals to access and exchange information securely. Founded in 2008 by CEO Trey Lauderdale and based in Sarasota, Florida, the company focuses on healthcare communication technology for clinical settings. Its solutions are used daily by over 50,000 caregivers at more than 150 healthcare organizations throughout the United States. Financially, Voalte has raised nearly $60 million in total funding to date. The company completed a $17 million Series D financing and intends to use the proceeds to continue to grow operations. No revenue figures were provided in the article. Voalte provides infrastructure that enables care teams to communicate inside and outside hospitals and to connect with existing and future technologies. Its flagship application, Voalte One, supports voice calls, delivers alarms and alerts to smartphones, enables secure text messaging, integrates with electronic medical record systems, and can act as a scanner for barcode medication administration. Voalte One is used by more than 35,000 caregivers at hospitals including Massachusetts General Hospital, Cedars-Sinai Medical Center, TIRR Memorial Hermann and Lurie Children’s Hospital. The company has about 130 employees. Management is led by co-founder and president Trey Lauderdale. Voalte plans to use new capital to accelerate market growth, expand the engineering team, and build out services and support.

Total raised

$53M

Funding rounds

2

Latest round

Series D

Latest activity

Sep 2015