# Filament Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/filament-labs

- Industry: Healthcare IT
- Headquarters: Austin, US
- Website: www.patientio.com
- Total disclosed funding: $1M
- Latest round: Seed (May 22, 2014)
- Investors on record: 5

## About

Filament Labs, Inc. develops software solutions that enhance operational efficiency and customer engagement for small to medium-sized enterprises across various sectors, including healthcare and logistics.Filament Labs, Inc. specializes in software applications that support data analytics, project management, and customer relationship management. Established in 2013 and headquartered in Austin, Texas, the company was involved in a significant acquisition by Athenahealth, Inc. in August 2016, with undisclosed financial terms. The founder's history and previous ventures are not publicly available. The total amount raised by the company is USD 3.32 mn through multiple funding rounds, with its latest funding round being an unspecified round amounting to USD 3.32 mn, which was the total raised.The company provides a suite of software applications aimed at enhancing operational efficiency and customer engagement. Its offerings enable data analytics, project management, and customer relationship management, designed specifically for small to medium-sized enterprises in North America and Europe, particularly in retail, healthcare, and logistics. The products have been consistently updated to meet market demands, ensuring they remain relevant and effective for users.Filament Labs, Inc. operates on a subscription-based model, allowing clients to access a range of software solutions for a recurring fee. Clients typically choose from multiple subscription tiers based on their operational scale and feature requirements, with transactions occurring annually or monthly. The company tailors its pricing plans to meet specific industry needs, thus enhancing its revenue potential. Its structure supports both B2B and direct-to-consumer sales, attracting a diverse clientele globally.Looking ahead, Filament Labs, Inc. aims to expand its product offerings and target new markets. The company is currently developing new software solutions set to launch in the coming year. Additionally, it plans to enter new geographic regions to enhance its market presence. The recent funding will support these initiatives, enabling the company to focus on product development and market expansion following its acquisition by Athenahealth, Inc. in August 2016.

## Funding rounds

- Seed, May 22, 2014, $1M — Mercury, Corinthian Health Services, Arcadia Home Care
- Seed, Aug 5, 2013 — Techstars, Right Side Capital Management

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Right Side Capital Management (https://capitalatlas.ai/funds/right-side-capital-management) — Seed
- Mercury (https://capitalatlas.ai/funds/mercury) — Seed
- Corinthian Health Services — Seed
- Arcadia Home Care — Seed