About Phynd
Phynd is a Healthcare company based in Dallas (United States) founded in 2012, and was acquired by Symplr in January 2021. Unified platform for sharing provider information across healthcare organizations. Phynd has raised $21.52 million across 5 funding rounds from investors including Bessemer Venture Partners, Symplr and Orlando Health. Its website phynd.com draws about 174 thousand monthly visits. Phynd offers products and services including symplr Directory, symplr Payer, and symplr CVO. Its focus areas include HealthTech, Healthcare IT, Provider and Administrative Solutions. Its competitors include Imprivata, Protenus and Datavant; 3 of its 3 listed competitors have raised funding.
Company details
Phynd was founded in 2012 in the healthcare IT sector. A unified provider management platform is offered to organizations for managing and sharing essential data across IT systems. Clinical outcomes and financial processes are supported through streamlined workflows and care coordination. The platform is utilized in over 74 hospitals. Headquarters are based in Kearney, Nebraska, with executive offices in Dallas, Texas, United States.
- Total Equity Funding$21.52M (USD)
in 5 rounds
- Latest Funding Round$10M (USD), Series C
Feb 2025
- InvestorsBessemer Venture Partners
& 9 more
- Acquired bySymplr
(Jan 2021)
Products & Services of Phynd
Phynd offers a comprehensive portfolio of products and services, including symplr Directory, symplr Payer, and symplr CVO.
Centralizes provider data to enhance accuracy and operational efficiency.
Automates provider data workflows for health plans and compliance.
Handles verification and enrollment to speed up provider onboarding.
Apps and channels of Phynd
its YouTube channel symplr has 738 subscribers and 30 videos.
Videos from Phynd
The most watched videos on Phynd's YouTube channel, symplr (738 subscribers). Click a video to play it here.
More on symplr .
Funding Insights of Phynd
Phynd has successfully raised a total of $21.52M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in February 2025. 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 $21.52M
- Total Rounds 5
- Last Round Series C — $10M
- First Round $2M
(Feb 2013)
- Investors Count 9
All 5 funding rounds of Phynd 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 |
|---|---|---|---|---|---|
| Feb 2025 | $10M | Series C | – | Wellington | |
| Jan 2019 | $8.17M | Series B | – | MemorialCare Innovation Fund, Dallas Venture Partners | – |
| Dec 2016 | $250,000 | Series A | – | – | – |
| Oct 2015 | $1.1M | Series A | – | Dallas Venture Partners | – |
| Feb 2013 | $2M | Seed | – | Invest Nebraska | – |
10 investors in total: 9 institutional and 1 angel.
Investors in Phynd
Phynd has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Bessemer Venture Partners, Symplr and Orlando Health.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Venture capital services for biotech, IT, and innovative sectors in Connecticut. | ctinnovations.com | |||
| dallasventurepartners.com | ||||
Early stage VC firm investing in the US | investnebraska.com | Lincoln, United States | ||
Early & Growth stage life sciences & tech focused VC firm investing primarily in the US | memorialcareinnovationfund.com | Long Beach, United States | ||
| rexhealthventures.com | ||||
Diversified investment management services are provided to institutional clients. | wellington.com | Boston, United States | ||
Chain of multispecialty hospital | 1918 | orlandohealth.com | Winter Park, United States | |
JA Jozy Altidore | unknown_61fdcb98a02749e1b | |||
Cloud-based administrative solutions for healthcare credentialing and compliance are offered. | 2006 | symplr.com | Houston, United States |
Investor details for Phynd
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Phynd
2 people are tracked at Phynd (1 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Joey Brosnan | Senior Director of Software Engineering | Leadership |
Vidhya Mokkapillai Somasundaram | Software Developer | Team |
Complete people profiles for Phynd
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Phynd
4 dated milestones of Phynd across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Phynd is founded.
- Funding First funding round of $2.0M.
- Exit Acquired by Symplr.
- Funding Latest funding round, Series C, of $10.0M.
Competitors of Phynd
Phynd has 3 listed competitors in our database, 3 of them funded. They include Imprivata, Protenus and Datavant.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| imprivata.com | 2002 | Waltham, United States | $40.5M | 546 | Cloud-based authentication and secure communication solutions are provided for enterprises. | |
| protenus.com | 2014 | Baltimore, United States | $61M | 95 | AI-based insider threat detection and prevention solutions for healthcare sector | |
| datavant.com | 2017 | San Francisco, United States | $80.5M | Secure patient data access is enabled through a healthcare platform. |
Detailed competitors of Phynd
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Phynd
The website of Phynd (phynd.com) receives about 174.5K visits a month.
- Monthly visits174.5K
▲ 53.8% vs previous month
Websites whose visitors overlap most with Phynd. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| wunderground.com | 100% | 68.5M | #1,042 | View details |
Top companies in Clinical IT & Data Platforms
3 companies that operate in the same segment as Phynd (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 Phynd
Complete news archive for Phynd
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Frequently Asked Questions about Phynd
Phynd was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Phynd is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Phynd is a funded company, having raised a total of $21.52M across 5 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Feb 2013.
Phynd was founded in 2012 in the healthcare IT sector. A unified provider management platform is offered to organizations for managing and sharing essential data across IT systems. Clinical outcomes and financial processes are supported through streamlined workflows and care coordination. The platform is utilized in over 74 hospitals. Headquarters are based in Kearney, Nebraska, with executive offices in Dallas, Texas, United States.
Phynd offers symplr Directory, symplr Payer, and symplr CVO.
Phynd has 10 investors. Key investors include Bessemer Venture Partners, Symplr, Orlando Health, Wellington, and Connecticut Innovations.
Yes. Phynd was acquired by Symplr in January 2021.
The website of Phynd receives about 174 thousand visits a month.