# Physera

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/physera

- Industry: Healthcare IT
- Headquarters: San Francisco, US
- Website: www.physera.com
- Total disclosed funding: $11M
- Latest round: Series A (Mar 13, 2019)
- Investors on record: 8

## About

Physera, Inc. is a digital health company specializing in virtual physical therapy solutions for musculoskeletal injuries, providing personalized care to improve patient outcomes through technology-driven treatment plans.Founded in 2015 and headquartered in San Francisco, US, Physera, Inc. offers virtual physical therapy services. The firm was acquired by Omada Health, Inc. for USD 30 mn in May 2020. The CEO is Y Rubinstein, who has a history of leadership in the health technology space.Physera, Inc. delivers comprehensive virtual physical therapy solutions tailored to individuals suffering from musculoskeletal injuries. Their offerings include personalized treatment plans supported by licensed physical therapists available via messaging and advanced technologies like Computer Vision Technology for tracking progress and visualizing exercises in 3D.Physera operates a B2B revenue model, partnering with employers and health plans to provide subscription-based access to its virtual care solutions. Clients benefit from personalized health coaching and physical therapy, with costs linked to the number of enrolled members, facilitating long-term health improvements and reducing overall healthcare costs.Physera, Inc. aims to enhance its service offerings by developing new virtual treatment programs focused on chronic MSK conditions, with plans to launch these by the end of 2021. Additionally, the company aims to expand into new geographic markets, specifically targeting East Coast facilities by late 2022. The recent funding of USD 30 mn from the acquisition will support these growth initiatives, allowing for the expansion of its technology platform and customer outreach.

## Funding rounds

- Series A, Mar 13, 2019, $8M — BlueCross BlueShield Venture Partners
- Seed, Aug 15, 2016, $2.8M — Lux Capital, Innovation Endeavors, iD Ventures America, Slow, Graph Ventures, Expa, Techammer

## Investors

- Lux Capital (https://capitalatlas.ai/funds/lux-capital) — Seed
- Innovation Endeavors (https://capitalatlas.ai/funds/innovation-endeavors) — Seed
- iD Ventures America (https://capitalatlas.ai/funds/id-ventures-america) — Seed
- Slow (https://capitalatlas.ai/funds/slow) — Seed
- Graph Ventures (https://capitalatlas.ai/funds/graph-ventures) — Seed
- Expa (https://capitalatlas.ai/funds/expa) — Seed
- Techammer — Seed
- BlueCross BlueShield Venture Partners (https://capitalatlas.ai/funds/bluecross-blueshield-venture-partners) — Series A