BetterPT - About the company
BetterPT is a series A company based in New York City (United States), founded in 2016 by Greg Peters and Stephen Fealy. It operates as a Provider of a physical therapy platform to connects private physical therapists and clinics with patients. BetterPT has raised $8M in funding from Loeb Partners and 5Lion Ventures. The company has 20 active competitors, including 4 funded and 1 that has exited. Its top competitors include companies like Bold, RecoveryOne and BACKFOREVER.
Company Details
BetterPT provides a physical therapy platform that connects private physical therapists and clinics with patients wherever they are through mobile apps. Patients can use betterPT to identify local therapists and book in-home physical therapy sessions, while clinics can use it as a business tool for schedule management. It also allows patients to add injury details into the app, and the physical therapist can understand their problem before the appointment.
- Website
- betterpt.com
- Email ID
- *****@betterpt.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2016
Location
New York City, United States
Stage
Series A
Total Funding
$8M in 4 rounds
Latest Funding Round
Investors
Ranked
2nd among 20 active competitors
Employee Count
11 - 50 as on Jul 01, 2024
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BetterPT's funding and investors
BetterPT has raised a total funding of $8M over 4 rounds. Its first funding round was on Mar 20, 2017. BetterPT has 5 institutional investors.
Here is the list of recent funding rounds of BetterPT:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 13, 2020 | 2603059 | Conventional Debt | 7379281 | 3432673 | 4536594 | 7422927 |
Apr 30, 2019 | 8008274 | Series A | 9313678 | 2356076 | 2020803 | |
Feb 12, 2018 | 3973316 | Seed | 5552841 | 9652439 | 2901884 | 2429801 |
View details of BetterPT's funding rounds and investors
BetterPT's founders and board of directors
Founder? Claim ProfileThe founders of BetterPT are Greg Peters and Stephen Fealy.
Here are the details of BetterPT's key team members:
- Greg Peters: Co-Founder & CEO of BetterPT and founder of 2 other companies, BetterHealthcare and TRN.
- Stephen Fealy: Co-Founder & Chief Medical Officer of BetterPT and founder of 1 other company. Contact Info: 1 email address
View details of BetterPT's Founder profiles and Board Members
BetterPT's employee count trend
BetterPT has 11 - 50 employees as of Jul 24. Here is BetterPT's employee count trend over the years:
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BetterPT's Competitors and alternates
Top competitors of BetterPT include Bold, RecoveryOne and BACKFOREVER. Here is the list of Top 10 competitors of BetterPT, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Bold 2017, San Mateo (United States), Series A | Provider of fitness guidance for older adults | $27M | 58/100 | |
2nd | BetterPT 2016, New York City (United States), Series A | Provider of a physical therapy platform to connects private physical therapists and clinics with patients | $8M | 51/100 | |
3rd | RecoveryOne 2014, Walnut (United States), Acquired | Provider of solutions for musculoskeletal conditions for patients and employees | $62.8M | 50/100 | |
4th | BACKFOREVER 2011, Aspen (United States), Seed | Provider of an online consultation platform with physical therapists | $4.58M | - | 35/100 |
5th | Virtual Physical Therapy 2016, Palm Beach Gardens (United States), Unfunded | Provider of an online platform for consultation & appointment booking with physician | - | - | 26/100 |
6th | Comet Healthcare 2021, Stanford (United States), Seed | Online platform offering remote consultation services with physiotherapists | $125K | 26/100 | |
7th | Injury MD 2003, Atlanta (United States), Unfunded | Provider of telemedicine solutions for accident victims | - | - | 24/100 |
8th | Virtual 2020, Delray Beach (United States), Unfunded | Provider of online virtual physical therapy consultation | - | - | 24/100 |
9th | EMDR 2020, Sacramento (United States), Unfunded | Digital telehealth and consultation platform for therapists | - | - | 24/100 |
10th | Health Time 2017, United States, Unfunded | Provider of online consultation with physiotherapy | - | - | 24/100 |
Looking for more details on BetterPT's competitors? Click here to see the top ones
BetterPT's Investments and acquisitions
BetterPT has made no investments or acquisitions yet.
Reports related to BetterPT
Here is the latest report on BetterPT's sector:
News related to BetterPT
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BetterPT and PromptEMR Partner to Provide Industry-First, End-to-End Management Solution for Physical Therapy PracticesBusiness Wire•Oct 29, 2019•BetterPT, Prompt
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BetterPT Raises Another $5M to be the ZocDoc of Physical TherapyAlleyWatch•May 08, 2019•BetterPT, 5Lion Ventures, Hospital for Special Surgery
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BetterPT Partners with Clinicient to Enhance Patient Access to Physical Therapy Services NationwideBusiness Wire•Apr 23, 2019•BetterPT, Clinicient
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This NYC Startup is the Greatest Thing to Happen to Physical TherapyAlleyWatch•Apr 17, 2017•BetterPT
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betterPT gets $1.5 million to connect patients to physical therapists via mobile appMobiHealthNews•Mar 20, 2017•BetterPT, Loeb Partners
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