Spry Raises $7 Million Series A

by Kay Aloha Villamor in June 23rd, 2022

Spry a New Jersey-based end-to-end patient and practice management SaaS platform for physical therapists, has announced that it has completed a new round of funding. With this new round, the company has raised over the US $10 million to date.

The round was led by Eight Roads Ventures, with participation from F-Prime Capital and existing investor, Together Fund.

Spry funding is used to accelerate its mission to build the future of practice management for physical rehabilitation

Company: Spry Therapeutics Pvt. Ltd

Raised: $7.0M

Round: Series A

Founding Month: June 2022

Lead Investors: Eight Roads Ventures

Additional Investors: F-Prime Capital and Together Fund

Company Website: https://www.sprypt.com/

Software Category: Patient management platform

About Company: Founded in 2021 by Ola's former chief technology officer, Brijraj Bhuptani, and Riyaz Rehman, Spry aims to democratize the accessibility and affordability of movement health through its full-stack digital health platform. It enables practitioners and owners of physical therapy centers to manage their clinical and administrative functions using a single tool. The platform supports a clinic's end-to-end operations, from patient intake to scheduling, communication, assessments, electronic medical records ('EMR'), revenue cycle management, home exercise plans, adherence tracking, and patient lifecycle management. Spry is a purpose-built platform for the physical rehabilitation industry. It helps therapists streamline care delivery, increase patient inflow and reduce administrative costs while also helping patients improve outcomes by making it easy to understand and follow care plans. Spry has been able to achieve this by using physical rehabilitation-specific workflows, advanced computer vision technology, and new-age product design paradigms.

Source: https://www.prnewswire.com/news-releases/health-tech-start-up-spry-secures-new-investment-to-further-strengthen-its-omnichannel-patient-management-platform-for-physical-therapists-301572618.html/

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