Stages:

• Early
• Expansion

 

Industries:

Financial Services

Information Technology

Medical Device

Software & Internet

 

Description:

Vital Financial was formed in 2007 under a predecessor name to invest in Certicom, Inc., a publicly-traded encryption software company based in Mississauga, Ontario, Canada. Vital Financial became one of the largest shareholders of Certicom and interacted with both Certicom management and other large shareholders. Vital Financial completed a successful exit of its Certicom investment in early 2009 through its sale to Research in Motion. In early 2009 the firm adopted the name 'Vital Financial' and formally began to seek additional venture capital investments. The firm now consists of five principal investors, with offices in: Simsbury, CT; Bethesda, MD; Newark, DE; Philadelphia, PA; Naples, FL; and Lincolnshire, IL. The Principals' own funds constitute the majority of each Vital Financial investment. The firm also has a number of individual and institutional co-investors that join Vital Financial in its investments. Vital Financial's preferred industries include software, selected technology segments, financial services, and businesses with patents that Vital can value. The firm's target investment size is $1-3 million for early-stage companies and $2-5 million for later-stage firms.

 

Funds:

Fund Name	Amount	Date
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