About WebPT
WebPT is a company based in Phoenix (United States) founded in 2008 was acquired by Warburg Pincus in August 2019.. WebPT has raised $1 million across 2 funding rounds from investors including Warburg Pincus, Battery Ventures and Canal Partners. The company has 612 employees as of December 31, 2022. WebPT has completed 4 acquisitions, including BMS Practice Solutions, Clinicient and Health Data Solutions. WebPT offers products and services including WebPT EMR, Billing Software, and Scheduling Platform. WebPT operates in a competitive market with competitors including Clinicient, Prompt, Healthy Roster, Digital Darwin and Embodia, among others.
- Headquarter Phoenix, United States
- Employees 612 as on 31 Dec, 2022
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Sectors
Healthcare
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Webpt, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Warburg Pincus
& 2 more
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Employee Count
612
as on Dec 31, 2022
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Investments & Acquisitions
BMS Practice Solutions
& 3 more
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Acquired by
Warburg Pincus
(Aug 27, 2019)
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Products & Services of WebPT
WebPT offers a comprehensive portfolio of products and services, including WebPT EMR, Billing Software, and Scheduling Platform. 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 managing patient records in rehab therapy.
Tools for processing payments and revenue cycle in clinics.
System for appointment scheduling and patient intake.
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Software Development Team
45 people
Leadership Team
20 people
Sales and Marketing
17 people
Senior Team
11 people
Product Management Team
11 people
Operations Team
7 people
Human Resources and Administration
6 people
Customer Team
6 people
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Funding Insights of WebPT
WebPT has successfully raised a total of $1M 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
(28 Dec 2010)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2014 | Amount | Private Equity Round - WebPT | Valuation | Battery Ventures |
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| Dec, 2010 | Amount | Series A - WebPT | Valuation | Canal Partners |
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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 WebPT
WebPT has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Warburg Pincus, Battery Ventures and Canal Partners. 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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Investments in technology companies are conducted globally by Battery Ventures.
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Founded Year | Domain | Location | |
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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location | |
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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 WebPT
WebPT has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include BMS Practice Solutions, Clinicient and Health Data Solutions. 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
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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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Care management software is provided for musculoskeletal disease populations.
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2011 | ||||
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Risk management platforms are provided for hospitals and clinics.
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2008 | ||||
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Practice management solutions for physical therapy and rehabilitation are offered.
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1998 |
| 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 - WebPT
| 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 |
Webpt Comparisons
Competitors of WebPT
WebPT 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 Clinicient, Prompt, Healthy Roster, Digital Darwin and Embodia, 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 Platform for revenue and clinical documentation management for outpatient rehabilitation clinics
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| domain | founded_year | HQ Location |
EMR software is provided for physical therapy clinics.
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| domain | founded_year | HQ Location |
Sports training and EMR platform provided for physical therapists.
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| domain | founded_year | HQ Location |
AI-powered tools for health, sports, and physical wellness are developed.
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| domain | founded_year | HQ Location |
Digital management tools for physiotherapy practices are offered.
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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 Webpt
Frequently Asked Questions about WebPT
When was WebPT founded?
WebPT was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Where is WebPT located?
WebPT is headquartered in Phoenix, United States. It is registered at Phoenix, Arizona, United States.
Is WebPT a funded company?
WebPT is a funded company, having raised a total of $1M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1M, raised on Dec 28, 2010.
How many employees does WebPT have?
As of Dec 31, 2022, the latest employee count at WebPT is 612.
What does WebPT do?
WebPT was founded in 2008 in Phoenix, United States. A web-based SaaS electronic medical records system is offered to physical therapists, occupational therapists, and speech-language pathologists. Patient documentation, scheduling, billing, and practice management are included, with real-time feedback provided. Recognition was received on the Inc. 500 list in 2013 and 2014. Therabill was acquired in August 2015.
Who are the top competitors of WebPT?
WebPT's top competitors include Clinicient, Prompt and Digital Darwin.
What products or services does WebPT offer?
WebPT offers WebPT EMR, Billing Software, and Scheduling Platform.
How many acquisitions has WebPT made?
WebPT has made 4 acquisitions, including BMS Practice Solutions, Clinicient, and Health Data Solutions.
Who are WebPT's investors?
WebPT has 3 investors. Key investors include Warburg Pincus, Battery Ventures, and Canal Partners.