Physiatry platform developer Spry has received $ 3 million seed funding, a round led by India-focused venture capital fund Together Fund.
FJ Labs, Pareto, Knowledge Capital, AngelList and Whiteboard Capital also took part in the investment round.
WHAT IT DOES
The startup, founded in March of this year, offers a digital full-stack platform in the field of exercise health, which includes physiotherapy or physical medicine, as well as rehabilitation and physical therapy.
The cloud-based system supports physiotherapists and business owners in managing their clinical and administrative functions. Spry, after a news report, supports all clinical functions from appointment scheduling to patient admission and communication, assessments, EMR, home exercise schedules, compliance tracking and patient lifecycle management.
WHAT IT IS FOR
Spry will use its new funds to begin developing a go-to-market strategy in the United States. In addition, the startup wants to expand locally in India and advance product development.
More digital physiotherapy players have attracted investor money this year. In September,
RecoveryOne Raised $ 33 million for Series C funding. Rival Hinge Health raised $ 400 million in Series E funding and $ 200 million in secondary investments from Alkeon and Whale Rock in October. The following month, another competitor, SWORD Health, also raised $ 163 million in Series D funding, also oversubscribed by $ 26 million.
ON THE RECORD
“With Spry, we want to democratize access to exercise health and help people integrate it into their everyday lives instead of opting for a quick fix,” Spry co-founder and CEO Brijraj Bhuptani is quoted as saying.