What Velatura does

Velatura Public Benefit Corporation is a healthcare interoperability platform provider headquartered in East Lansing, Michigan, operating America's largest multi-jurisdictional health information exchange (HIE) and Trusted Data Sharing Organization (TDSO) network spanning 14+ states. The company operates through wholly-owned subsidiaries including Velatura HIE Corporation, GRAChIE (Georgia), FLTDSO (Florida), USQHIN (national), and Missouri TDSO, managing billions of governed health records across affiliated exchanges.

Its core product is the Velatura Integrated Technology Platform (VITP), a cloud-native, FHIR-based interoperability platform featuring a centralized Clinical Data Repository, advanced patient matching and identity resolution, real-time ADT processing, and HTI/CMS compliance capabilities. Layered on this infrastructure are AI products: Consent Manager+ (built on DocuSign IAM with the AskTeli contextual AI assistant), Velatura Intellibot (a behind-the-firewall RAG-based AI solution), and an AI App Store hosting Population Health Dashboard, Waste/Fraud/Abuse Review, and Ask Telli applications. The company has achieved ISO 42001:2023 AI Management System certification and deploys custom-trained Falcon LLM models for Arabic-English healthcare communication.

Velatura generates revenue through managed services for HIE/TDSO network operations, subscription-based platform licensing (VITP, Consent Manager+, Intellibot, AI App Store), and AI governance consulting services. Pricing is quote-based with annual billing cadence, varying by customer segment (HIEs, health systems, health plans, state Medicaid agencies) and product scope. The company sells primarily through direct enterprise field sales supported by channel partnerships with DocuSign, AWS, Cloudticity, and various regional HIE networks. Velatura was acquired by Capernum Investments in August 2025.

Name

Velatura

Legal name

Velatura Public Benefit Corporation

Website

https://velatura.org

Company type

Private

Founded year

2016

Operating status

Operating

Short description

Velatura operates America's largest multi-jurisdictional health information exchange network spanning 14+ states, offering a cloud-native FHIR-based interoperability platform (VITP) with AI-powered consent management, behind-the-firewall RAG AI, and a healthcare AI App Store. It serves HIEs, health systems, health plans, and state agencies through managed services and subscription licensing.

Ownership category

akta.pro rank

Product category

Healthcare Interoperability Software

NAICS

Custom Computer Programming Services (541511), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computer Systems Design and Related Services (5415)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Prepackaged Software (7372), Services-Computer Programming Services (7371)

akta.pro primary industry

Payer-Provider Data Exchange (X12, prior auth, claims/clinical attachment) (HLACABAK)

akta.pro secondary industries

EHR Extensions, APIs, App Marketplaces & SMART-on-FHIR Apps (HLACAAAN), Patient Engagement, Education & Messaging Platforms (portal/CRM integrated) (HLALABAJ)

Keywords

• Health information exchange
• Healthcare interoperability platform
• Consent management software
• Population health analytics
• Trusted data sharing organization

Headquarters

HQ city

Ann Arbor

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. HIE and TDSO Network Operations: Operational management and shared services for health information exchanges and Trusted Data Sharing Organizations, including technology integration, data governance, and compliance support across 14+ states.
2. Platform Subscriptions and Licensing: Subscription-based access to VITP, Consent Manager+, Intellibot, and AI App Store applications with tiered pricing based on organization size and use case complexity.
3. AI-Powered Consent Management: Enterprise consent management solution with AI assistant capabilities, integrated e-signature workflows, and cross-sector interoperability for healthcare, financial services, and government agencies.
4. Governance and Consulting Services: AI governance frameworks including ISO 42001 implementation, outcomes-based AI Censu framework, and cross-sector interoperability governance consulting.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels6 records

Core offering

Velatura operates a cloud-native, FHIR-based healthcare interoperability platform (VITP) that enables real-time clinical data exchange, patient matching, and regulatory compliance across a network of Health Information Exchanges and Trusted Data Sharing Organizations in 14+ U.S. states. On top of VITP, it sells AI-powered products including Consent Manager+ (built on DocuSign IAM with an AskTeli assistant), Velatura Intellibot (a behind-the-firewall RAG-based AI), and a curated AI App Store hosting applications such as the Population Health Dashboard, Waste/Fraud/Abuse Review Platform, and Ask Telli. The company also runs multi-state HIE/TDSO operations (GRAChIE, Florida TDSO, Missouri TDSO) and USQHIN national infrastructure, with revenue from subscriptions, managed HIE services, and AI governance consulting.

Product overview

Velatura Public Benefit Corporation offers a comprehensive healthcare interoperability platform ecosystem. The core product is the Velatura Integrated Technology Platform (VITP), a cloud-native system enabling real-time healthcare data exchange with FHIR-based clinical data repository and patient matching. The portfolio includes Consent Manager+, an AI-powered consent management solution built on DocuSign IAM with AskTeli AI assistant; Velatura Intellibot, behind-the-firewall AI with RAG technology; and an AI App Store hosting applications including Population Health Dashboard, Waste/Fraud/Abuse Review Platform, and Ask Telli. The Use Case Factory provides 100+ pre-built healthcare interoperability use cases. Velatura operates multiple regional health information exchanges including GRAChIE (Georgia), Florida TDSO, USQHIN (national network), and Missouri TDSO, all connected through the VITP infrastructure.

Differentiator

Problem solved

Functional benefit

Brands

• VITP (Velatura Integrated Technology Platform): Cloud-based healthcare data exchange and interoperability platform with FHIR-enabled clinical data repository, advanced patient matching, and AI capabilities
• Consent Manager+
• Velatura Intellibot
• AI App Store
• GRAChIE
• FLTDSO (Florida Trusted Data Sharing Organization)
• USQHIN

Products and services

• Velatura Integrated Technology Platform (VITP) Cloud-native, FHIR-based healthcare interoperability platform that enables real-time clinical data exchange, a centralized FHIR Clinical Data Repository, advanced patient matching and identity resolution, real-time ADT processing, and compliance with federal interoperability mandates including HTI rules and the CMS Interoperability Framework. Targeted at HIEs, health systems, health plans, and state agencies.
• Consent Manager+ AI-powered consent management solution built on the DocuSign Intelligent Agreement Management (IAM) platform that replaces paper-based consent processes with real-time digital workflows. Features the AskTeli context-sensitive AI assistant for explaining complex medical and legal language in plain terms, multi-language support including Arabic-English, eSignature and ID Verification integration, and integration with EHR, HIE, and Active Care Relationship systems. Targeted at healthcare providers, payers, and government agencies.
• Velatura Intellibot Behind-the-firewall AI solution delivering RAG-powered information retrieval from institutional knowledge bases with zero external data retention. Supports multi-modal model selection, self-service AI agents with multi-step reasoning, secure web search, and HIPAA-compliant architecture. Targeted at healthcare organizations and regulated industries needing AI without data egress.
• AI App Store Secure healthcare AI ecosystem providing curated AI applications — Population Health Dashboard, Waste/Fraud/Abuse Review Platform, Consent Manager+, and Ask Telli — all deployed behind-the-firewall with complete data sovereignty. Targeted at healthcare organizations seeking self-serve access to AI capabilities with full data control.
• Population Health Dashboard Interactive analytics application providing real-time population health trends, gap analysis for care coordination and preventive interventions, and interactive dashboards integrated with health information systems. Targeted at health systems, HIEs, and population health teams.
• Waste, Fraud and Abuse Review Platform AI-powered platform for healthcare fraud detection and prevention with intelligent workflow analysis, automated authorization review, and compliance-ready audit trails. Targeted at health plans, payers, and program-integrity teams.
• Ask Telli Intelligent AI companion providing a natural-language interface for complex queries, cross-system information retrieval and synthesis, and productivity enhancement across all departments. Targeted at healthcare and public-sector organizations using the AI App Store.
• Arabic-English Healthcare AI (Falcon LLM) AI initiative deploying the UAE's open-source Falcon Large Language Model to provide Arabic-English healthcare communication for underserved Arabic-speaking populations. Uses custom-trained AI models with Reinforcement Learning from Human Feedback for culturally authentic healthcare interactions. Targeted at healthcare organizations serving Arabic-speaking communities, beginning in the Dearborn-Detroit corridor.
• GRAChIE (Georgia Regional Academic Community Health Information Exchange) Statewide health information exchange in Georgia connecting academic medical centers, community hospitals, and provider organizations for secure patient health data sharing through embedded EMR connections to over 30 different EMR systems. Targeted at Georgia providers and public health agencies.
• Florida TDSO (FLTDSO) Florida Trusted Data Sharing Organization providing a digital prosperity platform for residents with AI-powered document management, emergency preparedness tools, and a secure document vault for insurance, healthcare, and financial information. Targeted at Florida residents, families, and partner organizations.
• USQHIN (United States Quality Health Information Network) Nationwide health information network providing real-time ADT aggregation, alert coordination with contextual intelligence, predictive analytics for public-health situational awareness, and multi-agency coordination for federal, state, and local health departments. Targeted at federal agencies (including the U.S. Department of Defense) and state/local public health authorities.
• Missouri TDSO Statewide health data utility and governance framework for Missouri, evolved from Midwest Health Connection, now operating on VITP infrastructure and serving providers, public health agencies, and community partners. Targeted at Missouri healthcare providers and public health agencies.
• Governance and AI Consulting Services Professional services offering covering AI governance frameworks (including ISO 42001 implementation), the outcomes-based AI Censu framework, and cross-sector interoperability governance consulting across healthcare, public health, education, housing, and human services. Targeted at healthcare organizations, state agencies, and cross-sector partners implementing AI and interoperability programs.

Quantifiable outcome

• 1600% median productivity increase with Intellibot across 17 tracked tasks (ranging 600%-8000%)
• +4 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration12 records

AI capability15 records

Feature5 records

Partnerships

Ten partnerships are on record, tiered core, flagship and minor.

• CloudticitycoreImplementation/ SI/ Consulting Partner · 1 January 2026Partnership to apply responsible AI to Consent Manager+ workflows using Claude and Falcon LLMs. Joint session at ViVE 2026 focusing on patient understanding and simplified consent workflows.
• J&B MedicalflagshipStrategic or Co-development Partner · 1 September 2025Early adopter of Consent Manager+ for insurance billing consent and authorization for diabetes care, wound care, and medical supplies. Co-host of Falcon Arabic-English healthcare AI launch event in Dearborn with nearly 200,000 Arabic speakers served.
• DocuSignflagshipTechnology or Integration · 1 January 2025Consent Manager+ built on DocuSign IAM platform with eSignature, Maestro workflow automation, and ID Verification integration. Velatura received IAM Pioneer Partner Award recognizing next-generation healthcare agreement solutions.
• ScyberscoreImplementation/ SI/ Consulting Partner · 1 January 2025ISO 42001:2023 AI Management System implementation partnership. Scybers conducted gap assessment identifying 27 critical areas; Velatura achieved 94% remediation completion.
• AWScoreTechnology or Integration · 1 January 2025Velatura Services selected for Amazon Web Services Health Equity Initiative, providing cloud infrastructure for health data interoperability and equity-focused solutions.
• National Health Collaborative for the UnderservedcoreStrategic or Co-development Partner · 1 January 2024Strategic partnership to tackle health disparities through improved health information exchange and interoperability for underserved populations.
• SpesanaminorStrategic or Co-development Partner · 1 January 2024Pilot project to revolutionize prior authorization process through automated workflows integrated with health information exchange infrastructure.
• findhelpcoreStrategic or Co-development Partner · 1 January 2023Partnership to deploy social care solution to Midwest and national customers, enabling connection between health information exchange and social determinants of health resources.
• Civitas Networks for HealthcoreTechnology or Integration · 1 January 2023Technology Solution Partner for Patient Centered Data Home Initiative, enabling longitudinal patient record availability across care transitions.
• EHNACminorStrategic or Co-development Partner · 1 January 2021Referral agreement for accreditation and compliance services supporting healthcare data exchange standards.

Scale indicators8 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Health Gorilla: Health Gorilla operates a clinical data exchange network connecting HIEs, labs, EHRs, and HIEs - comparable to Velatura's USQHIN and VITP infrastructure for cross-organization data sharing and ADT delivery.
• Particle Health: Particle Health offers a FHIR-based health data API platform for payers, providers, and developers. It is a direct competitor to Velatura's payer-provider data exchange functionality embedded in VITP.
• Redox: Redox provides a healthcare API platform for integrating EHRs and healthcare data systems, comparable to Velatura's FHIR-based integration layer in VITP and AI App Store.
• 1upHealth: 1upHealth provides a FHIR-native data platform aggregating claims and clinical data for payers, providers, and app developers. It overlaps with Velatura's FHIR Clinical Data Repository and payer-facing interoperability offerings.
• Rhapsody (formerly Corepoint Health): Rhapsody provides healthcare integration engines and FHIR/API interoperability platforms used by HIEs and health systems. It directly competes with Velatura's VITP on healthcare data exchange and clinical data repository capabilities.
• Smile Digital Health: Smile Digital Health builds a FHIR-based health data platform for clinical repositories, HIEs, and national digital health records, directly competing with Velatura's VITP and affiliated TDSOs.

Broad incumbents

• Health Catalyst: Health Catalyst is a broad data and analytics platform for health systems, including interoperability and population health components. It is a broader incumbent competing with Velatura on analytics (Population Health Dashboard) and data warehousing adjacent to VITP.
• InterSystems HealthShare: InterSystems HealthShare is a broad incumbent care coordination and health information exchange platform widely used by HIEs and large health systems. It competes with Velatura's VITP across the same buyer base but with a much broader portfolio.

Emerging players

• Avaneer Health: Avaneer Health operates a blockchain-backed healthcare data network connecting payers, providers, and HIEs. It is an emerging competitor to Velatura's multi-stakeholder interoperability vision under USQHIN.
• Zus Health: Zus Health offers a shared health data platform with a longitudinal patient record and developer-friendly APIs. It overlaps with Velatura's patient matching and FHIR repository capabilities at the payer/provider intersection.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@VelaturaPBC
• LinkedInlinkedin.com/company/velatura-public-benefit-corporation

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Velatura