About PHRASE Health
PHRASE Health is a Healthcare company based in Philadelphia (United States) founded in 2016. Decision support tool for healthcare providers at the point of care. PHRASE Health has raised $3.03 million across 8 funding rounds from investors including NIH, HHS and Vizient Inc. PHRASE Health offers products and services including EHR Workflow Management, Analytics Dashboards, and Governance Tools. Its focus areas include HealthTech, Healthcare IT, Provider and Clinical Operations.
Company details
PHRASE Health was founded in 2016 in Philadelphia, United States, within the healthcare technology sector. EHR-integrated software is offered to identify patient populations based on specified characteristics. Decision support alerts are served directly into electronic health record systems at the point of care. Operations focus on enabling providers to receive patient-specific guidance during clinical encounters.
- Headquarters Philadelphia, United States
- SectorsHealthcare
- Website phrasehealth.com
- Social LinkedIn X
- Total Equity Funding$3.03M (USD)
in 8 rounds
- Latest Funding Round$477.19K (USD), Grant
Sep 2024
- InvestorsNIH
& 5 more
Products & Services of PHRASE Health
PHRASE Health offers a comprehensive portfolio of products and services, including EHR Workflow Management, Analytics Dashboards, and Governance Tools.
Platform for optimizing EHR processes and reducing waste
Tools for visualizing EHR data and tracking improvements
Features for coordinating EHR reviews and stakeholder tasks
Funding Insights of PHRASE Health
PHRASE Health has successfully raised a total of $3.03M across 8 strategic funding rounds. The most recent funding activity was a Grant round of $477.19 thousand completed in September 2024. 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 $3.03M
- Total Rounds 8
- Last Round Grant — $477,191
- First Round $25,000
(Feb 2019)
- Investors Count 6
All 8 funding rounds of PHRASE Health with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2024 | $477,191 | Grant | – | – | |
| Aug 2024 | $2M | Grant | – | – | |
| Aug 2024 | $1.01M | Grant | – | – | |
| Oct 2021 | $3M | Series A | – | LionBird | |
| Aug 2021 | $1.7M | Grant | – | – | |
| Aug 2020 | $224,995 | Grant | – | – | |
| Sep 2019 | $1.96M | Grant | – | – | |
| Feb 2019 | $25,000 | Seed | – | – |
6 investors in total: 6 institutional.
Investors in PHRASE Health
PHRASE Health has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include NIH, HHS and Vizient Inc.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| bioadvance.com | ||||
Early-stage healthcare investments are managed by LionBird venture capital firm. | lionbird.com | Tel Aviv, Israel | ||
Sequoia Capital is engaged in venture capital investments. | 1972 | sequoiacap.com | ||
Public health and human services are overseen by HHS. | 1953 | hhs.gov | ||
Drug discovery services are provided to the biopharma sector. | 1887 | nih.gov | United States | |
Vizient Inc. is engaged in healthcare performance improvement solutions. | 1977 | vizientinc.com | Irving, United States |
Investor details for PHRASE Health
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of PHRASE Health
7 people are tracked at PHRASE Health (3 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Marc Tobias | CEO | Leadership |
Caroline H. | Vice President Of Marketing | Leadership |
Nathan Vecchiarelli | Director Of Engineering | Leadership |
Ellen Schwartze | Senior Marketer | Team |
Chad Mowbray | Data Engineer | Team |
Elba Chimilio | Senior Software Engineer | Team |
Kevin Lovely | Lead DevOps Engineer | Team |
Complete people profiles for PHRASE Health
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Timeline of PHRASE Health
3 dated milestones of PHRASE Health across 8 years, from founding to its latest funding, stage changes and deals.
- Founded PHRASE Health is founded.
- Funding First funding round of $25K.
- Funding Latest funding round, Grant, of $477K.
Web traffic of PHRASE Health
The website of PHRASE Health (phrasehealth.com) receives about 3.2K visits a month.
- Monthly visits3.2K
▲ 18% vs previous month
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as PHRASE Health (Clinical IT & Data Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | |||
Healthcare appointments are booked online via Zocdoc's platform. | 2007 | New York, New York, United States | USD 425.97 M | USD 4.66 M | 1,365 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | 1,746 |
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Related news about Phrase Health
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Frequently Asked Questions about PHRASE Health
PHRASE Health was founded in 2016 and raised its 1st funding round 3 years after it was founded.
PHRASE Health is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
PHRASE Health is a funded company, having raised a total of $3.03M across 8 funding rounds to date. The company's 1st funding round was a Seed of $25K, raised on Feb 2019.
PHRASE Health was founded in 2016 in Philadelphia, United States, within the healthcare technology sector. EHR-integrated software is offered to identify patient populations based on specified characteristics. Decision support alerts are served directly into electronic health record systems at the point of care. Operations focus on enabling providers to receive patient-specific guidance during clinical encounters.
PHRASE Health offers EHR Workflow Management, Analytics Dashboards, and Governance Tools.
PHRASE Health has 6 investors. Key investors include NIH, HHS, Vizient Inc, BioAdvance, and LionBird.