NASHVILLE, Tenn.--(BUSINESS WIRE)--Mar 26, 2026--
VITL, the operating system for cash-pay health, announced the close of its $7.5 million Series A funding round led by SignalFire - accelerating expansion of VITL's pharmacy network, product development, and team. SignalFire identified VITL through its data-driven sourcing platform and reached out directly - no pitch deck, no outbound fundraising required.
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VITL addresses a critical infrastructure gap in the rapidly growing $100 billion cash-pay healthcare market. The physicians driving this market - med spas, hormone clinics, longevity practices, concierge medicine, direct primary care - are prescribing treatments that are genuinely 10 years ahead of the traditional system. But the tools available to them were purpose-built for legacy sick care: insurance-based, reactive, designed for a world of PBMs, retail chains, and formulary lookups.
Cash-pay preventative health doesn't work that way. Because no one ever built infrastructure for this market, these clinics are manually managing the entire pharmacy experience themselves - credentialing with five to seven pharmacies individually, tracking whether a prescription was filled, following up on whether it shipped, hunting inventory by phone when a compound goes out of stock. The cost: the average clinic loses over $100,000 a year in productivity and inefficiency. Physicians are spending two full workdays a month on pharmacy operations instead of patients.
“We're not building another healthcare tool. We're building infrastructure that eliminates the need for most of them”, said Charlie Jordan, Founder and CEO of VITL. “E-prescribing was the first and most obvious source of drag we eliminated. But it's not the last.”
VITL's platform provides a single login that replaces multiple pharmacy portals, enables real-time price comparison across verified 503A & 503B compounding pharmacies nationwide, allows ordering from multiple pharmacies in a single transaction, and gives patients real-time tracking from prescription to doorstep. The result: physicians reclaim valuable clinical time while patients gain transparency and convenience.
Since launching in late 2024, VITL has demonstrated exceptional traction:
"Cash-pay healthcare represents one of the fastest-growing segments of the U.S. healthcare market, yet it's running on infrastructure designed decades ago," said Chris Scoggins, General Partner at SignalFire. "VITL is bringing modern marketplace dynamics and consumer-grade user experience to an industry desperately in need of innovation. Charlie and his team have built exactly what physicians have been asking for."
Three forces make this moment inevitable. Patients are leaving the traditional system - direct primary care, concierge medicine, and cash-pay clinics are growing at double digits as consumers vote with their wallets for transparency, access, and choice. The regulatory landscape is accelerating demand - FDA enforcement is professionalizing the compounding pharmacy industry, and recent developments including the Novo Nordisk/Hims & Hers deal have reshaped GLP-1 distribution overnight. And every major e-prescribing platform on the market today was purpose-built for insurance-based, reactive medicine - you can't retrofit sick care plumbing for a preventative health economy. You have to build new infrastructure from scratch.
The funding will be used to expand VITL's network of verified pharmacy partners, develop clinical program management and subscription workflow tools, invest in interoperability that connects VITL to the broader healthcare ecosystem, and scale the team at the company's Nashville headquarters.
VITL serves cash-pay medical practices including med spas, hormone clinics, peptide clinics, anti-aging centers, weight loss clinics, functional medicine practices, and concierge medicine providers. The platform connects these practices with verified 503A & 503B compounding pharmacies that meet stringent quality and compliance standards.
"We're not building another healthcare tool," Jordan added. "We're building infrastructure that eliminates the need for most of them. Every workflow, every manual step, every phone call, every redundant credential - if it creates drag for a cash-pay clinic and it isn't treating a patient, we want to remove it."
About VITL
VITL is a Nashville-based healthtech company building the operating system for cash-pay health. Through its open marketplace, VITL connects clinics with verified 503A & 503B compounding pharmacies nationwide, enabling real-time price comparison, multi-pharmacy ordering, and patient tracking from prescription to doorstep - all through a single, elegant interface. Founded in 2024, VITL serves over 630 clinics and 1,000+ prescribers across the United States. Learn more at vitlrx.com.
About SignalFire
SignalFire is the first AI-native VC firm built like a technology company to better serve the needs of founders as they build and scale their startups. With approximately $3B in assets under management, SignalFire invests in applied AI companies from pre-seed to Series B in key sectors, including Health & PharmaTech, cybersecurity, infrastructure, consumer, and other enterprise verticals.
The firm's Beacon AI platform tracks over 650M employees and 80M organizations, giving the firm an unmatched data advantage in identifying and supporting world-class startups. Its sector-focused investors, XIRs from leading Health & PharmaTech unicorns, and a dedicated team of seasoned operators drive SignalFire at startup speed. They provide support across a company's full lifecycle through data and resources tailored by growth stage, plus a diverse ecosystem of partners and customers. Notable investments include Grow Therapy, Ro, EvenUp, Frame.io, Superhuman, and Stampli.
Learn more at www.signalfire.com.
VITL liberates cash pay healthcare from legacy technology
URDA, Spain (AP) — Spain's second high-speed rail disaster this year, in which one train struck another from behind, killing 68 people, has raised fresh concerns about the safety of the country's rail network.
Search teams with sniffer dogs continued to look for victims on Thursday morning, a day after the collision in central Spain. Cranes were in place to help shift the carriages as police and soldiers helped pick through the wreckage strewn down the gravel slope where at least three train carriages were tossed by the impact.
The spokesperson for the Castilla La Mancha region, Esther Padilla, said that 53 people remained hospitalized with 15 in critical care at different hospitals on Thursday. Padilla said the death toll remained at 68, but was still provisional.
“Emergency workers and the military emergency brigade are still working with much care because we still can’t be sure that there aren’t more victims,” Padilla told national broadcaster TVE.
Spain’s government declared three days of mourning starting Thursday.
Spain’s high-speed rail network has been considered one of the nation’s crowning achievements. It is the world's second-largest, after China's. Until this year, it had not endured a deadly crash since coming into service over three decades ago.
The collision Wednesday morning that turned a sleepy stretch of rail lined by olive groves into a scene of carnage came just four weeks before the country votes in a national election.
Spanish Prime Minister Pedro Sánchez visited the crash site in the province of Toledo on Wednesday after regional authorities confirmed that more than 60 people had died and dozens more were being treated at hospitals.
In January, 46 people had died when one train jumped the track and slammed into the side of another going the opposite way in southern Spain.
Sánchez pledged an investigation into the latest collision and improvements to prevent another tragedy like the two that have shaken trust in a rail system that carried 45 million travelers last year, including millions of tourists.
“It is clear that we need to reinforce the safety of our train service to rebuild the trust in our high-speed rail,” Sánchez said. “It is not acceptable for a country like Spain to endure two high-speed train accidents in the same year.”
Both deadly crashes this year took place on the same rail line. Each involved a train operated by state-owned RENFE and another operated by privately owned IRYO. Spain liberalized its high-speed rail service in 2021, with the Italian IRYO starting service the following year.
Sánchez has weathered many crises since taking power in 2018, staying in office and winning reelection after the COVID-19 pandemic and the global rise in inflation.
But polls show he faces another uphill battle when voters cast ballots in Spain's first national election since 2023. The new rail disaster can't help the prospects of his Socialist party.
Sánchez and other progressive parties had hoped to leverage a wave of discontent over housing costs and high rents when he called for early elections earlier this month.
About an hour before news of Wednesday's crash spread, Sánchez had posted on X a message that “There are lots of reasons to be optimistic about this country.”
He now faces questions about the safety of Spain's rail service along with criticism from right-wing parties of his liberal migration policies and accusations of corruption against his party and his wife, which both he and his wife deny.
His transport minister, Óscar Puente, faced media questions over whether he would resign following a second major train wreck under his watch. He said he was fully focused on dealing with the collision, not his future.
Sánchez's main rival, Popular Party leader Alberto Núñez Feijóo, demanded a full investigation of the crash on Wednesday. The conservative leader said that in respect for the victims his party canceled its campaign events for the day.
“This is the moment to respect the dead, the injured and their families,” Núñez Feijóo said. “That does not mean we will ignore the fact that Spaniards are asking tough questions that demand answers.”
The far-right Vox leader, Santiago Abascal, who is likely hoping to enter a coalition government with the conservatives, did not show the same restraint.
“More dead. Another tragedy. More rage over being left to fend for ourselves, the despair and the betrayal that Spaniards are enduring,” Abascal said just hours after the crash.
“I promise to work tirelessly until this government, which is a criminal organization, is sitting in a courtroom to answer for its crimes,” he said.
Puente said that the crash was caused by what he called the “inexplicable” order from a central command center for Spain’s trains after a security system had failed. He said the train engineers were not to blame.
Puente said that at 8:30 a.m. the security system on a stretch of 63 kilometers (39 miles) stopped working due to a computer malfunction, causing all trains on that stretch to stop. At that point the IRYO train was stopped near the town of Urda, while the RENFE train was 25 kilometers (15.5 miles) behind it.
But a few minutes later the central command told the RENFE train to start running again without any speed restrictions, and it ended up colliding with the stationary IRYO train at 8:53 a.m.
Puente said that the train should never have been told to start moving again since there was still a “stop signal” active on that line. And if it had, at least it should have been told to go at reduced speed.
Thousands of travelers were left stranded and searching for alternative transport after the high-speed line connecting Madrid and Seville was shut down. RENFE, which operates the most trains, is not selling tickets online for this service until mid-December.
Wilson reported from Barcelona, Spain. Associated Press writer Teresa Medrano in Madrid contributed to this report.
Emergency services work at the scene of a collision between two trains in Urda, Spain, on Wednesday, Oct. 28, 2026. (AP Photo/Manu Fernandez)
Emergency services work at the scene of a collision between two trains in Urda, Spain, on Wednesday, Oct. 28, 2026. (AP Photo/Manu Fernandez)
Emergency services work at the scene of a collision between two trains in Urda, Spain, on Wednesday, Oct. 28, 2026. (AP Photo/Manu Fernandez)
Cranes lift wrecked train carriages as rescuers search for victims following a collision between two trains in Urda, Spain, Thursday, Oct. 29, 2026. (AP Photo/Manu Fernandez)
