What is Phable?
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:
Angel/Seed
$150K
Other Financing Round
$1M
Series A
$14M
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.
See full Phable company page