About BetterPT
BetterPT is a company based in New York (United States) founded in 2016 by Stephen Fealy.. BetterPT has raised $8 million across 4 funding rounds from investors including Hospital for Special Surgery, 5Lion Ventures and ID Fund. BetterPT operates in a competitive market with competitors including RecoveryOne, Bold, Comet Healthcare, BACKFOREVER and Virtual Physical Therapy, among others.
- Headquarter New York, United States
- Founders Stephen Fealy
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$8 M (USD)
in 4 rounds
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Latest Funding Round
$465 K (USD), Debt – Conventional
Apr 13, 2020
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Investors
Hospital for Special Surgery
& 3 more
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Employee Count
Employee Count
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Funding Insights of BetterPT
BetterPT has successfully raised a total of $8M across 4 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $465 thousand completed in April 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Debt – Conventional — $465,000
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First Round
First Round
(20 Mar 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Debt – Conventional - BetterPT | Valuation |
investors |
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| Apr, 2019 | Amount | Series A - BetterPT | Valuation | 5Lion Ventures | |
| Feb, 2018 | Amount | Seed - BetterPT | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BetterPT
BetterPT has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Hospital for Special Surgery, 5Lion Ventures and ID Fund. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage investment and advisory services are provided by 5Lion Ventures.
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Founded Year | Domain | Location | |
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A technology-enabled, industry-agnostic fund is managed by ID Fund.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BetterPT
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BetterPT
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Betterpt Comparisons
Competitors of BetterPT
BetterPT operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RecoveryOne, Bold, Comet Healthcare, BACKFOREVER and Virtual Physical Therapy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Solutions for musculoskeletal conditions are offered to patients and employees.
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| domain | founded_year | HQ Location |
Personalized online fitness programs for older adults are provided.
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| domain | founded_year | HQ Location |
Remote physiotherapy consultations and guided exercises are provided online.
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| domain | founded_year | HQ Location |
Provider of an online consultation platform with physical therapists
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| domain | founded_year | HQ Location |
Provides online consultations for muscle and joint issues through secure video app.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Betterpt
Frequently Asked Questions about BetterPT
When was BetterPT founded?
BetterPT was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is BetterPT located?
BetterPT is headquartered in New York, United States. It is registered at New York, New York, United States.
Is BetterPT a funded company?
BetterPT is a funded company, having raised a total of $8M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Mar 20, 2017.
What does BetterPT do?
BetterPT was founded in 2016 in New York, United States, as a health technology company. A mobile platform is operated to link private physical therapists and clinics with patients for in-home sessions. Local therapists are identified by patients through the app, and bookings are managed alongside schedule tools for clinics. Injury details can be added by patients prior to appointments, aiding therapist preparation.
Who are the top competitors of BetterPT?
BetterPT's top competitors include RecoveryOne, Bold and BACKFOREVER.
Who are BetterPT's investors?
BetterPT has 4 investors. Key investors include Hospital for Special Surgery, 5Lion Ventures, ID Fund, and Loeb Partners.
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