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§ Private Profile · New York City, NY, USA
Healthcare technology platform providing booking and patient management for physical therapy clinics and patients seeking rehabilitation.
Founded in 2015 by Greg Peters and Stephen Fealy, BetterPT is a New York City healthcare technology company providing an integrated booking, patient management, and telehealth platform for physical therapy clinics. The startup utilizes a B2B software and marketplace model to connect patients with providers while streamlining electronic medical record workflows, intake processes, and insurance reimbursement support. Operating with fewer than 25 employees and generating under $5,000,000 in annual revenue, the company initially raised a seed round of $1,500,000 led by Loeb Holding Corporation. BetterPT also secured early backing and a strategic partnership from the Hospital for Special Surgery to enhance access to rehabilitation and preventive care. In July 2022, United Kingdom digital therapeutics company Physitrack acquired the platform for an initial $1,500,000, with earnouts reaching up to $5,200,000, to integrate its patient engagement tools.
Better PT has raised $5.0M across 1 funding round.
Better PT has raised $5.0M in total across 1 funding round.
Better PT has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Series A in April 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 30, 2019 | $5M Series A | 5lion Ventures | Hospital For Special Surgery, ID Fund | Announced |
Better PT has raised $5.0M in total across 1 funding round.
Better PT's investors include 5Lion Ventures, Hospital for Special Surgery, ID Fund.