NEWS: StrataPT Raises $25 million led by Council Capital

A message from StrataPT CEO, Paul Singh. ⬇️

Hey there! 👋

I’m thrilled to share that StrataPT has raised $25 million in financing led by Council Capital. We’ll use these funds to continue our mission to help PT, OT & SLP practices run and grow better. More on that in a moment…

Our team is made up of 45+ smart and mission driven people across the United States and our customers span 44 states at this point. Over the years, we stayed relentlessly focused on our customers… because, as a bootstrapped company, that was the only way to ensure our own growth. It worked.

The result is that we’ve built an integrated EMR and billing-aware practice management system that delivers nearly 100% reimbursement rates for our customers. 

You don’t have to take my word for it, we publish our therapy practice benchmark data in real-time for all to see. (Pro tip: drill down into your own state-level reports and check out the healthcare payer benchmarks… here’s Florida, for example.)

Hundreds of practices have used our data to renegotiate contracts, challenge their own billing team (or vendor), create more efficient processes and build a stronger clinic. Often, they use our free tools and aggregate data months before they ever become a customer of ours. 

So back to the $25 million fundraise… we’ve already begun to deploy the capital. Over the next few weeks, our customers will benefit from additional product development and customer support. There’s even more in the works but, as we’ve always said, our strategy is show, don’t tell. 

We’re taking things to the next level over the coming months. In the meantime, strap in: we’re stepping on the gas. 🚀

p.s. we’re hiring, send me a note: paul@stratapt.com – we will always make a role for great individuals that align with our vision and values.

p.p.s. you can always find me on Facebook, LinkedIn or X. (Heckling is welcomed and encouraged.)