Raintree

Temecula, United States Founded: 1983 • Age: 43 yrs
Practice management and EMR solutions for healthcare are provided.

About Raintree

Raintree is a company based in Temecula (United States) founded in 1983. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Raintree has completed 1 acquisition, including Yoomi. Raintree offers products and services including Raintree EMR, Raintree Scribe IQ™, and Revenue Cycle Management. Raintree operates in a competitive market with competitors including WebPT, Clinicient, Prompt, Healthy Roster and Digital Darwin, among others.

  • Headquarter Temecula, United States
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Raintree Systems
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Raintree

Raintree offers a comprehensive portfolio of products and services, including Raintree EMR, Raintree Scribe IQ™, and Revenue Cycle Management. 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.

Primary

Software for managing therapy practice records and documentation.

AI solution for automating physical therapy note creation.

Billing solution for optimizing therapy practice revenue cycles.

People of Raintree
Headcount 50-200
Employee Profiles 36
Employee Profiles
People
Tara Clem
Chief Product Officer
People
Nick Hedges
Chief Executive Officer
People
Megan MacLean
Chief Customer Officer
People
Margo Hütt
Junior Software Engineer

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Funding Insights of Raintree

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2021 Amount Private Equity Round - Raintree Valuation Serent Capital
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Raintree

Raintree has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Serent 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.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Raintree

Raintree has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Yoomi. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of remote monitoring platform for physical rehabilitation
2020
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Raintree

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Raintree Comparisons

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Competitors of Raintree

Raintree 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 WebPT, Clinicient, Prompt, Healthy Roster and Digital Darwin, 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
Cloud based SaaS platform of EMR for PTs, OTs and SLPs
domain founded_year HQ Location
Cloud Platform for revenue and clinical documentation management for outpatient rehabilitation clinics
domain founded_year HQ Location
EMR software is provided for physical therapy clinics.
domain founded_year HQ Location
Sports training and EMR platform provided for physical therapists.
domain founded_year HQ Location
AI-powered tools for health, sports, and physical wellness are developed.
domain founded_year HQ Location
Digital management tools for physiotherapy practices are offered.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Raintree

Frequently Asked Questions about Raintree

When was Raintree founded?

Raintree was founded in 1983 and raised its 1st funding round 38 years after it was founded.

Where is Raintree located?

Raintree is headquartered in Temecula, United States. It is registered at Temecula, California, United States.

What does Raintree do?

Raintree is established as a leading provider of electronic medical record (EMR) software tailored for physical therapy, occupational therapy, speech-language pathology, and pediatric therapy practices. Solutions are designed for enterprise and large therapy provider organizations, focusing on rehabilitation and therapy sectors. Key offerings include Raintree EMR, AI-driven documentation tools like Scribe IQ, and revenue cycle management software. Emphasis is placed on reducing administrative burdens, improving patient care, and optimizing billing processes. The company serves over 8,500 active locations and manages more than 50 million patient visits annually, leveraging over 40 years of industry expertise.

Who are the top competitors of Raintree?

Raintree's top competitors include Clinicient, Prompt and WebPT.

What products or services does Raintree offer?

Raintree offers Raintree EMR, Raintree Scribe IQ™, and Revenue Cycle Management.

How many acquisitions has Raintree made?

Raintree has made 1 acquisition, including Yoomi.

Who are Raintree's investors?

Raintree has 1 investor. Key investors include Serent Capital.

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