Vital Financial, LLC was formed in 2007 under a predecessor name to invest in Certicom, Inc., a publicly-traded encryption software company based in Mississauga, Ontario, Canada. Certicom possessed a unique market postion in elliptic curve encryption technology and had a highly valuable international portfolio of related patents. 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 Limited.
In early 2009 the firm adopted the name â€œVital Financialâ€ and formally began to seek additional venture capital investments. We now consist of five principal investors, with offices in: Avon, CT; Bethesda, MD; Newark, DE; Philadelphia, PA; Naples, FL; and Lincolnshire, IL. The Principalsâ€™ 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.
|NovaTract Surgical||6/12||Series A||$2.37M||6|
|Halfpenny Technologies||2/12||Venture Round||$2.25M||4|
|Lookingglass Cyber Solutions||1/12||Series A||$5M||2|