Vastian Announces Strategic Growth Investment from Bregal Sagemount

The company plans to use the funds to speed up product development and expand its business.

Vastian has over 30 years of experience and serves more than 9,200 facilities worldwide, offering a platform used by over 2 million professionals to centralize quality management, support audit readiness, and manage regulatory compliance such as CAP, CLIA, The Joint Commission, and ISO standards, while receiving investment from Sagemount and existing investors.

Vastian is helping hospitals and laboratories improve outcomes by managing millions of documents, assessments, and inspections in one connected system, and customers have seen reported deficiencies drop by nearly 80% when using its quality management tools.

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Tom Ormondroyd, CEO of Vastian, said, “Quality teams in hospitals and labs are being asked to do more with less, against a regulatory backdrop that gets more complex every year. Our customers don't need another point solution or something not built intentionally for healthcare. They need a purpose-built, comprehensive system of record that takes the manual work out of compliance so their teams can focus on patient safety and care quality. Sagemount and Silversmith understand that mission, and this partnership allows us to reach even more providers and help them show their higher standards.”

Will Breskman, Partner at Sagemount, commented, “Vastian sits at the heart of how hospitals and laboratories manage risk, improve accountability, and operate more efficiently in the face of evolving regulatory demands. As the fastest growing quality management software company in its markets, we are excited to partner with Tom and the team as the Company continues to extend its leadership position.”

“Vastian’s growth and customer impact over the past few years have further increased our confidence in the opportunity ahead,” added Brian Peterson, General Partner at Silversmith. “Everything that initially drew us to the company as the first institutional investor - a strong team, a product customers rely on every day, and a deeply embedded role in a complex healthcare environment - has become even more evident. We’re proud to continue backing Tom and the team alongside Sagemount as they build on that momentum.”

About Vastian

Founded in 1995 by Tim Westover, Vastian provides SaaS-based quality management software for hospitals and clinical laboratories, supporting more than 9,200 healthcare facilities, and over 2 million healthcare professionals worldwide with tools for compliance, documentation, training, and readiness assessments, and is a fast growing private equity backed company based in Lawrenceville, Georgia.

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