Tebra Raises $72 Million at over $1 Billion Valuation

Tebra is a company that provides independent healthcare practices with a digital platform. This platform includes special tools that help clients attract patients, deliver care, get paid, and operate. The offering includes messaging and scheduling, EHR, care delivery, telehealth, payments, billing, and analytics. In 2021, Tebra was combined of two companies – PatientPop and Kareo.

The funding round was led by Golub Capital. Among other investors were CommonFund, HLM Venture Partners, OpenView Venture Partners, StepStone Group, Stripes Group, Montreux Equity Partners, Toba Capital, Transformation Capital, and Vivo Capital. Tebra is going to use the new funding to accelerate the merger plan, expand market share, advance the new branding, and develop and launch the combined product.

Tebra, California, the USA, was founded by Dan Rodrigues in 2021. Being combined of two companies, Tebra now has built and launched two-way product integration that allows both PatientPop and Kareo to share information on scheduling and physician availability. To improve reputation management, the platform reviews appointment information, then sends surveys. As of now, Tebra employs approximately 1000 employees and supports more than 100 000 providers that deliver care to 90 million patients in the USA. “Consumers are paying more and more for their healthcare. They’re demanding a much more modern-day, digital-first, convenient healthcare experience, but unfortunately, many traditional healthcare practices don’t really have the tools or the know-how to deliver an experience that matches today’s patient expectations,” Dan Rodrigues, Tebra’s CEO.

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