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WebPT - About the company

WebPT is an acquired company based in Phoenix (United States), founded in 2008 by Heidi Jannenga Pt Dpt Atc and Brad Jannenga. It operates as a Leading physical therapy software and EMR for rehab therapists. WebPT has raised $1M in funding from Battery Ventures and Canal Partners. The company has 97 active competitors, including 6 funded and 4 that have exited. Its top competitors include companies like Prompt, Clinicient and Spry.

Company Details

Leading physical therapy software and EMR for rehab therapists. They provide a comprehensive, cloud-based platform designed to streamline practice management, documentation, and billing for physical, occupational, and speech therapists. Their solutions encompass EMR, patient engagement tools, outcomes tracking, and AI-powered features to enhance clinical efficiency and patient care. They offer tools for digital patient intake, scheduling, benefits verification, referral management, and marketing. The platform includes features like automated documentation, coding guidance, home exercise program creation, virtual visits, and MIPS simplification. They also provide revenue cycle management services, data analytics, and integrations with other systems. Their offerings cater to various practice types, including cash-based, multi-specialty, and enterprise clinics. They focus on helping therapists improve patient outcomes, increase revenue, and optimize practice operations through software and support.
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Registered Address
Phoenix, Arizona
Key Metrics
Founded Year
2008
Location
Phoenix, United States
Stage
Acquired
Total Funding
$1M in 3 rounds
Latest Funding Round
Ranked
Employee Count
612 as on Dec 31, 2022
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Warburg Pincus (Aug 27, 2019)

WebPT's acquisition details

WebPT got acquired by Warburg Pincus on Aug 27, 2019. It was facilitated by Aeris Partners.
Click here to take a look at WebPT's acquisition in detail
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WebPT's funding and investors

WebPT has raised a total funding of $1M over 3 rounds. Its latest funding round was a PE round on Jun 25, 2014 for $*****. 1 investor participated in its latest round. WebPT has 5 institutional investors.

Here is the list of recent funding rounds of WebPT:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 25, 2014
4238460
PE
1566547
4697549
1957945
9563300
Dec 28, 2010
3608384
Series A
8435129
9723087
9879243
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WebPT's founders and board of directors

Founder? Claim Profile
The founders of WebPT are Heidi Jannenga Pt Dpt Atc and Brad Jannenga.
Here are the details of WebPT's key team members:

WebPT's employee count trend

WebPT has 612 employees as of Dec 22. The total employee count is 2.0% more than what it was in Dec 21. Here is WebPT's employee count trend over the years:
Employee count trend for WebPT
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WebPT's Competitors and alternates

Top competitors of WebPT include Prompt, Clinicient and Spry. Here is the list of Top 10 competitors of WebPT, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for WebPT
WebPT
2008, Phoenix (United States), Acquired
Leading physical therapy software and EMR for rehab therapists
$1M
63/100
2nd
Logo for Prompt
Prompt
2017, Hackensack (United States), Series A
Provider of EMR software for physical therapy clinics
$6.04M
55/100
3rd
Logo for Clinicient
Clinicient
1998, Portland (United States), Acquired
Cloud Platform for revenue and clinical documentation management for outpatient rehabilitation clinics
$57.1M
54/100
4th
Logo for Spry
Spry
2021, Wilmington (United States), Series B
Cloud-based practice management tool for physical therapy clinics
$25M
53/100
5th
Logo for Healthy Roster
Healthy Roster
2015, Dublin (United States), Series A
Provider of sports training and EMR platform for physical therapists
$6.97M
45/100
6th
Logo for Digital Darwin
Digital Darwin
2021, Delhi (India), Seed
AI-powered tools for health, sports, and physical wellness
$215K
42/100
7th
Logo for TheraOffice
TheraOffice
1999, Westmont (United States), Acquired
Digital EMR & practice management software primarily for physical therapists
-
-
40/100
8th
Logo for Theralytics
Theralytics
2018, Walnut (United States), Unfunded
Provider of software for therapy billing and practice management system
-
-
38/100
9th
Logo for OptimisCorp
OptimisCorp
2005, Los Angeles (United States), Unfunded
Software solutions and services for physical therapy and wellness
-
-
38/100
10th
Logo for Alle fur Gesundheit
Alle fur Gesundheit
2017, Kiel (Germany), Unfunded
PM software for physiotherapy, speech therapy, occupational therapy and podiatry clinics
-
-
38/100
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WebPT's Investments and acquisitions

WebPT has not made any investments yet. WebPT has made 4 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Jan 18, 2022
Acquisition
1998
Portland (United States)
Feb 15, 2018
Acquisition
1998
Upland (United States)
Oct 03, 2017
Acquisition
2011
Somerville (United States)
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Reports related to WebPT

Here is the latest report on WebPT's sector:

News related to WebPT

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Media has covered WebPT for a total of 4 events in the last 1 year, 1 of them has been about people movement.
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FAQs about WebPT

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