Physitrack

London, United Kingdom Founded: 2012 • Age: 14 yrs Listed
Cloud-based remote patient engagement platform is developed for exercise tracking.

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
  • Sectors
    Healthcare
  • Website category Health
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website physitrack.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Legal Name Physitrack Limited
Key Metrics
  • Annual Revenue
    $16.25 M (USD)
    -5.64
    as on Dec 31, 2025
  • Net Profit
    -$10.24 M (USD)
    -27.79
    as on Dec 31, 2025
  • EBITDA
    $5.62 M (USD)
    17.13
    as on Dec 31, 2025
  • Total Equity Funding
    $1.6M (USD)

    in 2 rounds

  • Investors
  • Investments & Acquisitions

Products & Services of Physitrack

Physitrack offers a comprehensive portfolio of products and services, including Physitrack Platform and PhysiApp.

Physitrack Platform
Telehealth Software

Software for physiotherapists to assign exercises and monitor patient progress remotely.

PhysiApp
Patient App

Mobile application for patients to follow and report on exercise programs.

Apps and channels of Physitrack

Physitrack publishes 1 mobile app; its YouTube channel Physitrack has 505 subscribers and 26 videos.

Physitrack
App Store Health & Fitness 4+
Developer: Physitrack PLC
View on App Store
Physitrack
YouTube 505 subscribers 26 videos Science & Technology
Open channel

Videos from Physitrack

The most watched videos on Physitrack's YouTube channel, Physitrack (505 subscribers). Click a video to play it here.

Level 1, Chapter 1 Physitrack Training
23.4K views
Level 1, Chapter 2 Physitrack Training
16.4K views
Physitrack Training Introduction Level 1
13K views
Level 1, Chapter 3 Physitrack Training
12.6K views

More on Physitrack.

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 $1.6M
  • Total Rounds 2
  • First Round $1.6M

    (Oct 2014)

  • Investors Count 2

All 2 funding rounds of Physitrack with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2022–Post-IPO––
Oct 2014$1.6MSeed–Crown Ocean Capital
–
Valuation history

2 investors in total: 1 institutional and 1 angel.

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.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Crown Ocean Capital is engaged in global investment activities.
2022crownoceancapital.com-

RACHEL KING

-
–unknown_9544ac405b904bc18-
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Investor details for Physitrack

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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People of Physitrack

13 people are tracked at Physitrack (8 in leadership, 5 in team).

NameRoleGroup
Henrik Molin
Co-Founder & CEOLeadership
Nathan Skwortsow
Co-Founder & CTOLeadership
Jack Goodwin
Head of PeopleLeadership
Pati Krzemińska
Group Head Of ProductLeadership
Charlotte Goodwin
CFOLeadership
Michał Węgrzyn
Head of EngineeringLeadership
Matthew P.
Head Of FinanceLeadership
Henry Helas
Global Head Of GrowthLeadership
Bart R.
Product ManagerTeam
Abhishek Kumar Verma
Account And Admin ExecutiveTeam
Raul Perojo
Development ExecutiveTeam
Prem G.
Group Financial ControllerTeam
Nayanika Tenneti
Data AnalystTeam
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Complete people profiles for Physitrack

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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.

  • IPO date18 Jun 2021
  • Listed onNASDAQ OMX: PTRK
  • Listed entityPhysitrack Limited
  • Exchange sectorTechnology services
  • ISINGB00BK80TJ35
  • Share price9.42 SEK (-2.69% on the day) · 2026-10-09
  • Market capitalisation157,404,211.00 SEK
  • EPS (diluted, trailing year)-5.41 SEK
  • Volume (last session)9,581

Financials of Physitrack

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2025149.6M SEK-94.3M SEK51.8M SEK
2024158.6M SEK-73.8M SEK44.2M SEK
2023169.2M SEK32.4M SEK39.9M SEK
2022133.1M SEK981,880 SEK36.4M SEK
202179.3M SEK-8.3M SEK24.8M SEK
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Detailed financial statements for Physitrack

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
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  • Downloads

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Physitrack

Physitrack has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Champion Health, Fysiotest and Physiotools.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Provider of online physical and mental health training platform for employees
championhealth.co.ukSheffield, United Kingdom2018May 2022$3.08M
A chain of occupational health clinics is operated in Sweden.
fysiotest.seStockholm, Sweden2009Sep 2021β€’β€’β€’β€’
Online platform for booking physiotherapy services is provided to users.
rehabplus.co.uk–2013Mar 2021β€’β€’β€’β€’
Subscription-based online fitness training programs are provided.
physiotools.comTampere, Finland1987Dec 2020β€’β€’β€’β€’
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Complete acquisition details for Physitrack

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Physitrack

8 dated milestones of Physitrack across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Physitrack is founded.
  2. Funding First funding round of $1.6M.
  3. Acquisition Acquires Physiotools.
  4. Acquisition Acquires Rehabplus.
  5. IPO Lists on the stock exchange (IPO).
  6. Acquisition Acquires Fysiotest.
  7. Acquisition Acquires Champion Health.
  8. Funding Latest funding round, Post-IPO,.

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.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
connectiverx.com2008Hanover, United States$300M684
Provider of patient engagement and prior authorization solutions
hyro.ai2014New York, United States$114.6M–
An AI-based conversational platform is provided for healthcare task automation.
patientpoint.com1987Cincinnati, United States$140M382
Patient engagement solutions for healthcare providers at point of care
upfronthealthcare.com2015Chicago, United States$95.54M45
Provider of data analytics platform to help clinics schedule and allocate resources
cipherhealth.com2009New York, United States$37.58M–
SaaS based tools for patient engagement
icanbwell.com2015Eldersburg, United States$96.29M84
Personalized health management with rewards for goals is facilitated.
getwellnetwork.com1999Bethesda, United States$19M268
Interactive software is developed for patient engagement in hospital care.
ixlayer.com2017San Francisco, United States$75M–
Provider of cloud-based solution for precision and population health testing
mediktor.com2011Barcelona, Spain$16.46M–
AI-based triage and pre-diagnosis guidance is provided to patients.
corti.ai2014Copenhagen, Denmark$93M53
Developer of a diagnostic aid for emergency medical dispatchers using speech recognition technology
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Detailed competitors of Physitrack

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Verified entity values are shown only after access is granted.

Web traffic of Physitrack

The website of Physitrack (physitrack.com) receives about 856K visits a month and ranks #47,031 among all websites worldwide, #1,210 in Health.

  • Monthly visits
    856K

    ▲ 6.4% vs previous month

  • Unique visitors
    200.2K

    per month

  • Global rank
    #47,031

    among all websites

  • Category rank
    #1,210

    Health · Health

Similar websites

Websites whose visitors overlap most with Physitrack. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
nookal.com
100%
680.7K#38,477View details
fysioforum.nl
fysioforum.nl
97%
–––
mijn.bsl.nl
mijn.bsl.nl
96%
–––
practice365.co.uk
95%
127K–View details
lifeline.ca
lifeline.ca
95%
–#491,551–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 38 similar websites and full traffic analytics for Physitrack

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 38 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Physitrack

Premium access

Complete news archive for Physitrack

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

Verified entity values are shown only after access is granted.

Similar companies to Physitrack

10 companies that operate in the same segment as Physitrack (Clinical IT & Data Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts
2016Bengaluru, Karnataka, IndiaUSD 713.57 M––
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M––
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M233
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M––
Tech-enabled mental health solutions for employers are provided.
2016New York, New York, United StatesUSD 508.73 M––
App-based health insurance is offered to individuals and businesses.
2016Paris, FranceUSD 863.12 M––
Virtual care programs for managing chronic diseases are provided.
2011San Francisco, California, United StatesUSD 450.12 MUSD 260.21 M–
AI-driven EMR and practice management software is delivered for clinics.
2010Boca Raton, Florida, United StatesUSD 329.17 M––
Cloud-based administrative tools for healthcare providers are offered.
1997Watertown, United StatesUSD 40 M––
Membership-based primary care platform is offered for employees and consumers.
2007San Francisco, California, United StatesUSD 402.56 M––
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Frequently Asked Questions about Physitrack

Physitrack was founded in 2012 and raised its 1st funding round 2 years after it was founded.

Physitrack is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Henrik Molin is the current CEO of Physitrack. They have also founded this 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 2014.

Annual revenue of Physitrack is $16.25M as on Dec 31, 2025.

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.

Physitrack's top competitors include Hyro, CipherHealth and ixLayer.

Physitrack offers Physitrack Platform and PhysiApp.

Yes, Physitrack is publicly traded on OMXSTO under the ticker symbol PTRK.

Physitrack has made 4 acquisitions, including Champion Health, Fysiotest, and Physiotools.

Physitrack has 2 investors. Key investors include RACHEL KING, and Crown Ocean Capital.

Physitrack operates through Physitrack Plc.

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