Press & Awards

WebPT Closes $1 Million Series A Funding Round

WebPT announced it has closed a Series A funding round totaling $1 million in private equity funding.

5 min read
|
December 14, 2010
Press & Awards

WebPT Closes $1 Million Series A Funding Round

WebPT announced it has closed a Series A funding round totaling $1 million in private equity funding.

5 min read
|
December 14, 2010
Share this post:

Subscribe

Get the latest news and tips directly in your inbox by subscribing to our monthly newsletter

WebPT, a Web-based electronic medical records system (EMR) for physical therapists, today announces it has closed a Series A funding round totaling $1 million in private equity funding. The company has very quickly become the fastest-growing Web-based documentation software now used by more than 5,000 physical therapists in just three years. This infusion of capital was raised to help the company swiftly expand its team in the areas of product development, sales and marketing, and to build out infrastructure to support its growth. WebPT presented the round to experienced investors in Arizona. The deal was closed this week with Canal Partners, led by JDA Software founder and chairman Jim Armstrong, and successful entrepreneur and investor Todd Belfer. Mr. Armstrong will also sit on the board of directors for WebPT.

Awards

KLAS award logo for 2024 Best-in-KLAS Outpatient Therapy/Rehab
Best in KLAS  2024
G2 rating official logo
Leader Spring 2024
Capterra logo
Most Loved Workplace 2023
TrustRadius logo
Most Loved 2024
Join the PXM revolution!

Learn how WebPT’s PXM platform can catapult your practice to new heights.

Get Started
two patients holding a physical therapist on their shoulders