About Physitrack
Physitrack is a company based in London (United Kingdom) founded in 2012 by Henrik Molin and Nathan Skwortsow.. Physitrack has raised $1.6 million across 2 funding rounds from investors including RACHEL KING and Crown Ocean Capital. Physitrack has completed 4 acquisitions, including Champion Health, Fysiotest and Physiotools. Physitrack offers products and services including Physitrack Platform and PhysiApp. Physitrack operates in a competitive market with competitors including ConnectiveRx, Hyro, PatientPoint, Upfront Healthcare and CipherHealth, among others.
- Headquarter London, United Kingdom
- Founders Henrik Molin, Nathan Skwortsow
- Stage Public
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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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- Legal Name Physitrack Limited
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Annual Revenue
$16.78 M (USD)9.34as on Dec 31, 2024
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Net Profit
$-6.69 M (USD)-328.03as on Dec 31, 2024
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EBITDA
$4.05 M (USD)11.89as on Dec 31, 2024
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Total Equity Funding
$1.6 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Crown Ocean Capital
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Champion Health
& 3 more
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IPO & Listings of Physitrack
Physitrack is a publicly listed company on the OMXSTO with ticker symbol PTRK in Sweden, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Physitrack
Physitrack offers a comprehensive portfolio of products and services, including Physitrack Platform and PhysiApp. 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.
Software for physiotherapists to assign exercises and monitor patient progress remotely.
Mobile application for patients to follow and report on exercise programs.
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Funding Insights of Physitrack
Physitrack has successfully raised a total of $1.6M across 2 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 2
- Last Round Last Round
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First Round
First Round
(03 Oct 2014)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Post-IPO - Physitrack | Valuation |
investors |
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| Oct, 2014 | Amount | Seed - Physitrack | Valuation | Crown Ocean Capital |
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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 Physitrack
Physitrack has secured backing from 2 investors, including angel and venture fund investors. Prominent investors backing the company include RACHEL KING and Crown Ocean Capital. 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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Crown Ocean Capital is engaged in global investment activities.
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Founded Year | Domain | Location | |
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RK
RACHEL KING |
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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 Physitrack
Physitrack has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Champion Health, Fysiotest and Physiotools. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of online physical and mental health training platform for employees
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2018 | ||||
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Online platform for booking physiotherapy services is provided to users.
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2013 | ||||
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A chain of occupational health clinics is operated in Sweden.
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Physitrack
| 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 |
Physitrack Comparisons
Competitors of Physitrack
Physitrack 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 ConnectiveRx, Hyro, PatientPoint, Upfront Healthcare and CipherHealth, 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 |
Provider of patient engagement and prior authorization solutions
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| domain | founded_year | HQ Location |
An AI-based conversational platform is provided for healthcare task automation.
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| domain | founded_year | HQ Location |
Patient engagement solutions for healthcare providers at point of care
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| domain | founded_year | HQ Location |
Provider of data analytics platform to help clinics schedule and allocate resources
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| domain | founded_year | HQ Location |
SaaS based tools for patient engagement
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| domain | founded_year | HQ Location |
Personalized health management with rewards for goals is facilitated.
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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 Physitrack
Frequently Asked Questions about Physitrack
When was Physitrack founded?
Physitrack was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Physitrack located?
Physitrack is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Physitrack?
Henrik Molin is the current CEO of Physitrack. They have also founded this company.
Is Physitrack a funded company?
Physitrack is a funded company, having raised a total of $1.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.6M, raised on Oct 03, 2014.
What is the annual revenue of Physitrack?
Annual revenue of Physitrack is $16.78M as on Dec 31, 2024.
What does Physitrack do?
Founded in 2012 and based in London, United Kingdom, Physitrack operates in the health technology sector. A cloud-based platform is provided for remote patient engagement, emphasizing home exercise programming and adherence monitoring. Prescription tools are supplied to physiotherapists, chiropractors, and occupational health professionals. Patient access occurs via the PhysiApp mobile application, enabling tracking of pain levels and feedback. Therapists receive real-time data to support care adjustments across global healthcare settings.
Who are the top competitors of Physitrack?
Physitrack's top competitors include Hyro, CipherHealth and ixLayer.
What products or services does Physitrack offer?
Physitrack offers Physitrack Platform and PhysiApp.
Is Physitrack publicly traded?
Yes, Physitrack is publicly traded on OMXSTO under the ticker symbol PTRK.
How many acquisitions has Physitrack made?
Physitrack has made 4 acquisitions, including Champion Health, Fysiotest, and Physiotools.
Who are Physitrack's investors?
Physitrack has 2 investors. Key investors include RACHEL KING, and Crown Ocean Capital.
What is Physitrack's ticker symbol?
The ticker symbol of Physitrack is PTRK on OMXSTO.