What is Phable?
Phable is a health-tech company dedicated to empowering individuals with intelligent chronic disease management through its mobile application. The platform offers 24/7 doctor intervention and personalized lifestyle disease management, acting as an intelligent care companion for its users. By leveraging technology, Phable aims to provide comprehensive support for individuals managing long-term health conditions, improving their quality of life and health outcomes.
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, Stride Ventures, Digital Horizon, and Aflac Ventures
Key Investors in Phable
Kalaari Capital
Kalaari Capital is a venture capital firm specializing in early-stage technology companies in India, providing capital and strategic guidance across sectors like FMCG, eCommerce, and SaaS.
Stride Ventures
Stride Ventures is an Indian venture capital firm established in 2019, focused on investing in innovative startups across the country.
Digital Horizon
Digital Horizon Ventures operates in the Electronics industry, providing capital to technology-focused companies. It is based in George Town, Grand Cayman.
What's next for Phable?
With the recent major strategic investment, Phable is poised for significant scaling and further development of its innovative chronic disease management solutions. The company is likely to focus on expanding its user base, enhancing its technological capabilities, and potentially forging new partnerships within the healthcare ecosystem. This funding round signals a strong confidence from investors in Phable's business model and its capacity to address the growing global need for effective chronic disease management tools. Future growth may involve expanding service offerings, geographical reach, and deepening its integration with healthcare providers.
See full Phable company page
