About OrthoFi
OrthoFi is a company based in Denver (United States) founded in 2013 by Jamie Reynolds and David Ternan was acquired by Accel-KKR in December 2020. OrthoFi has raised $4.89 million across 7 funding rounds from investors including Accel-KKR and Boathouse Capital. OrthoFi has completed 2 acquisitions, including Comprehensive Finance and OrthoBanc. OrthoFi offers products and services including OrthoFi, AcceptCare, and OrthoBanc. OrthoFi operates in a competitive market with competitors including Cedar, VisitPay, HealthiPASS, Rialtic and PatientPay, among others.
- Headquarter Denver, United States
- Founders Jamie Reynolds, David Ternan
-
Sectors
Healthcare
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$4.89 M (USD)
in 7 rounds
-
Latest Funding Round
-
Investors
Accel-KKR
& 1 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
Comprehensive Finance
& 1 more
-
Acquired by
Accel-KKR
(Dec 31, 2020)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of OrthoFi
OrthoFi offers a comprehensive portfolio of products and services, including OrthoFi, AcceptCare, and OrthoBanc.
Platform for practice growth and cash flow optimization
Service for increasing case acceptance through payment options
Tool for managing patient payments and collections
People of OrthoFi
Unlock access to complete
Funding Insights of OrthoFi
OrthoFi has successfully raised a total of $4.89M across 7 strategic funding rounds. 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 7
- Last Round Last Round
-
First Round
First Round
(22 Apr 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Series A - OrthoFi | Valuation | Accel-KKR |
|
| Mar, 2016 | Amount | Series A - OrthoFi | Valuation |
investors |
|
| May, 2015 | Amount | Seed - OrthoFi | Valuation |
investors |
|
Investors in OrthoFi
OrthoFi has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Accel-KKR and Boathouse Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investments are focused on mid-market software and technology-enabled services firms.
|
Founded Year | Domain | Location | |
|
Private equity and debt investments are focused on multiple sectors.
|
Founded Year | Domain | Location |
Investments & Acquisitions by OrthoFi
OrthoFi has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Comprehensive Finance and OrthoBanc.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Provider of cloud based payment processing and loan management services for healthcare providers
|
2012 | ||||
|
Payment management and credit risk management platform
|
2001 |
Financial Statements - OrthoFi
Orthofi Comparisons
Competitors of OrthoFi
OrthoFi 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 Cedar, VisitPay, HealthiPASS, Rialtic and PatientPay, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based payment solutions are provided for healthcare billing and analytics.
|
|
| domain | founded_year | HQ Location |
Cloud-based patient revenue management is delivered to healthcare providers.
|
|
| domain | founded_year | HQ Location |
Automated healthcare billing and patient account management are facilitated.
|
|
| domain | founded_year | HQ Location |
Payment solutions for healthcare sectors
|
|
| domain | founded_year | HQ Location |
Patient payment solutions for healthcare finance management are offered.
|
|
| domain | founded_year | HQ Location |
EMR integrated patient-centric payment solution using text messages
|
Frequently Asked Questions about OrthoFi
OrthoFi was founded in 2013.
OrthoFi is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
David Ternan is the current CEO of OrthoFi. They have also founded this company.
OrthoFi is a funded company, having raised a total of $4.89M across 7 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Apr 22, 2013.
OrthoFi was founded in 2013 in Denver, United States, within the orthodontic sector. A proprietary SaaS platform is supplied to orthodontists for establishing payment plans and handling end-to-end patient interactions. Operations are streamlined through outsourcing of accounting, financial planning and analysis, credit modeling, and analytics. Support is extended for corporate strategy and operational goals in orthodontic practices.
OrthoFi's top competitors include Cedar, VisitPay and HealthiPASS.
OrthoFi offers OrthoFi, AcceptCare, and OrthoBanc.
OrthoFi has made 2 acquisitions, including Comprehensive Finance, and OrthoBanc.
OrthoFi has 2 investors. Key investors include Accel-KKR, and Boathouse Capital.