Clinicient

Portland, United States Founded: 1998 • Age: 28 yrs Acquired By WebPT
Cloud Platform for revenue and clinical documentation management for outpatient rehabilitation clinics
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About Clinicient

Clinicient is a company based in Portland (United States) founded in 1998 was acquired by WebPT in January 2022.. Clinicient has raised $57.15 million across 12 funding rounds from investors including SVB, WebPT and ORIX USA. Clinicient has completed 1 acquisition, including Keet Health. Clinicient offers products and services including EMR Software, Billing Software, and Patient Services. Clinicient operates in a competitive market with competitors including WebPT, Prompt, Healthy Roster, Digital Darwin and Embodia, among others.

  • Headquarter Portland, United States
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Clinicient, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $57.15 M (USD)

    in 12 rounds

  • Latest Funding Round
    $17.25 M (USD), Series D

    Jul 09, 2019

  • Investors
    SVB

    & 6 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    WebPT

    (Jan 18, 2022)

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Products & Services of Clinicient

Clinicient offers a comprehensive portfolio of products and services, including EMR Software, Billing Software, and Patient Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Platform for documenting therapy sessions and ensuring compliance

Tools for handling revenue cycle and claims processing

Features for online scheduling and digital intake

People of Clinicient
Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Jerry Henderson
Founder and VP, Clinical Strategy
People
Kimberly Guttinger
Associate Product Manager
People
Derek Everoski
Client Support Manager

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Funding Insights of Clinicient

Clinicient has successfully raised a total of $57.15M across 12 strategic funding rounds. The most recent funding activity was a Series D round of $17.25 million completed in July 2019. 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 Rounds 12
  • Last Round Series D — $17.3M
  • First Round

    (09 Aug 2005)

  • Investors Count 6
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2019 Amount Series D - Clinicient Valuation

investors

Dec, 2017 Amount Series C - Clinicient Valuation ORIX
Dec, 2015 Amount Series C - Clinicient Valuation Catalyst Investors
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Clinicient

Clinicient has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, WebPT and ORIX USA. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
ORIX USA is engaged in middle market asset management and lending.
Founded Year Domain Location
Growth equity venture capital firm
Founded Year Domain Location
FinTech & Media focused seed and early stage VC firm investing in the US
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Clinicient

Clinicient has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Keet Health. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Individualized care plans are provided for musculoskeletal disease patients.
2015
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Clinicient

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Clinicient Comparisons

Employees
+
Add Comparison
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Competitors of Clinicient

Clinicient 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 WebPT, Prompt, Healthy Roster, Digital Darwin and Embodia, 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
Cloud based SaaS platform of EMR for PTs, OTs and SLPs
domain founded_year HQ Location
EMR software is provided for physical therapy clinics.
domain founded_year HQ Location
Sports training and EMR platform provided for physical therapists.
domain founded_year HQ Location
AI-powered tools for health, sports, and physical wellness are developed.
domain founded_year HQ Location
Digital management tools for physiotherapy practices are offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Clinicient

Frequently Asked Questions about Clinicient

When was Clinicient founded?

Clinicient was founded in 1998 and raised its 1st funding round 7 years after it was founded.

Where is Clinicient located?

Clinicient is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.

Is Clinicient a funded company?

Clinicient is a funded company, having raised a total of $57.15M across 12 funding rounds to date. The company's 1st funding round was a Series C of $5M, raised on Aug 09, 2005.

What does Clinicient do?

Clinicient was founded in 1998 in Portland, United States, within the healthcare technology sector. A unified cloud platform is offered to outpatient rehabilitation clinics, encompassing electronic medical records for patient scheduling and clinical documentation. Revenue management, management reporting, practice management software, and physical therapy billing services are also provided to support clinic operations.

Who are the top competitors of Clinicient?

Clinicient's top competitors include Prompt, WebPT and Digital Darwin.

What products or services does Clinicient offer?

Clinicient offers EMR Software, Billing Software, and Patient Services.

How many acquisitions has Clinicient made?

Clinicient has made 1 acquisition, including Keet Health.

Who are Clinicient's investors?

Clinicient has 7 investors. Key investors include SVB, WebPT, ORIX USA, Catalyst Investors, and SaaS Capital.

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