Financials

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Revenues, earnings & profits over time
USD20222023
Revenues2.2m4.0m
% growth-82 %
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Recent News about Violet

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More about Violetinfo icon
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Violet is a startup operating in the healthcare sector, specifically focusing on improving the quality of care for culturally diverse patients. The company has developed a unique analytics and training platform that measures the cultural competence of healthcare providers. This platform serves as a tool for healthcare organizations to gain transparency into the quality of care they provide and to continuously improve their services.

Violet's primary clients are healthcare organizations that serve BIPOC (Black, Indigenous, and People of Color), LGBQ (Lesbian, Gay, Bisexual, Queer), and TGNC (Transgender, Gender Nonconforming) communities. These communities often face barriers such as medical racism, misdiagnoses, lack of access to insurance, and severe distrust in medical providers. Violet's platform aims to help these organizations better understand and address these barriers, thereby improving patient outcomes.

The company's business model revolves around providing healthcare organizations with actionable insights into their care team's inclusivity skills and diversity. These insights are derived from data collected on the provider's ability to deliver culturally competent care. Violet also offers clinical education interventions to help providers improve their skills.

In terms of revenue generation, Violet likely charges healthcare organizations a fee for access to its platform and its data-driven insights. The company recently raised $5.3 million in funding, indicating strong investor confidence in its business model and growth potential.

Keywords: Healthcare, Cultural Competence, Analytics, Training Platform, BIPOC, LGBQ, TGNC, Inclusive Care, Data-Driven Insights, Clinical Education.

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