How Much Did Phable Raise?
Funding & Key Investors

Phable has successfully navigated the competitive digital health landscape, securing a total capital infusion of $40.2M to bolster its chronic disease management platform. This trajectory of financial backing, which includes a recent strategic investment of $25M, underscores the company's pivotal role in transforming patient outcomes through technology-driven interventions. By integrating 24x7 medical oversight with mobile-first accessibility, Phable has established itself as a critical player in the healthtech sector, moving from early-stage development to a robust enterprise-level operation.

The company's growth story is marked by a series of strategic financing rounds that have enabled it to scale its intelligent care companion model. As the demand for remote health monitoring continues to accelerate, Phable's ability to attract significant investment highlights investor confidence in its unique approach to managing lifestyle-related conditions through continuous, data-backed medical support.

What is Phable?

Phable
SoftwareHealthcare SoftwareMobile App Development

Phable operates at the intersection of mobile technology and chronic disease management, providing a comprehensive ecosystem for patients to monitor and manage long-term health conditions. The platform distinguishes itself by offering an intelligent care companion that facilitates 24x7 doctor intervention, effectively bridging the gap between clinical care and daily patient lifestyle management. By leveraging real-time data, Phable empowers users to take proactive control of their health, thereby reducing the burden on traditional healthcare infrastructure and improving long-term patient engagement metrics.

How much funding has Phable raised?

Phable has raised a total of $40.1M across 4 funding rounds:

2019

Angel/Seed

$150K

2020

Other Financing Round

$1M

2021

Series A

$14M

2022

Series B

$25M

Angel/Seed (2019): $150K with participation from SOSV

Other Financing Round (2020): $1M led by Inflection Point Ventures

Series A (2021): $14M supported by Omron Ventures, Manipal Hospitals, and SOSV LLC

Series B (2022): $25M featuring Kalaari Capital, Aflac Ventures, Digital Horizon, and Stride Ventures

Key Investors in Phable

Kalaari Capital

Kalaari Capital is a venture capital firm focused on investing in early-stage technology companies in India, providing capital and strategic guidance to foster scalable businesses.

SOSV

SOSV is a multi-stage venture capital investor that provides intellectual and financial capital to accelerate founders big ideas.

Inflection Point Ventures

IPV Inflection Point Ventures is India's leading angel investing platform focused on providing viable investment opportunities and non-monetary support to startups for their growth and scalability.

What's next for Phable?

With the recent infusion of capital, Phable is well-positioned to deepen its market penetration and enhance its technological infrastructure. The company is expected to focus on scaling its enterprise-level capabilities, potentially expanding its reach into new geographic markets and diversifying its service offerings to include more complex chronic condition management. As Phable continues to refine its intelligent care algorithms, the focus will likely shift toward achieving sustainable unit economics and solidifying its position as a leader in the digital health space. The strategic backing from institutional investors suggests a clear path toward long-term value creation and potential consolidation within the broader healthtech ecosystem.

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Frequently Asked Questions Regarding Phable Financial Insights

What are the most recent funding rounds that Phable has completed, and what were the funding rounds?
Phable has recently completed 3 funding rounds: Series B on Apr 11, 2022, Series A on Feb 8, 2021, Other Financing Round on May 20, 2020.
What is the total amount of funding Phable has raised to date?
Phable has raised a total of $40.1M in funding to date.
How many funding rounds has Phable completed?
Phable has completed 3 funding rounds.
How much funding did Phable raise in its most recent funding round?
Phable raised $25M in its most recent funding round.
Who are the lead investors in Phable's latest funding round?
The lead investor in Phable's latest funding round was Kalaari Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Phable's history?
The largest funding round in Phable's history was $25M.
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