How Much Did Phable Raise?
Funding & Key Investors

Phable has successfully secured a significant capital injection, bringing its total funding to $40.2M. This latest major strategic investment of $25M marks a pivotal milestone in the company's trajectory, signaling robust investor confidence in its digital health platform. By leveraging this influx of capital, Phable is well-positioned to accelerate its mission of transforming chronic disease management through intelligent, data-driven care solutions.

The company's growth trajectory, characterized by a series of strategic financing rounds, underscores its transition from an early-stage innovator to a mature player in the healthtech sector. This latest round of backing provides the necessary resources to scale operations and enhance its proprietary care companion technology.

What is Phable?

Phable
SoftwareHealthcare SoftwareMobile App Development

Phable operates at the intersection of mobile technology and clinical care, providing a comprehensive ecosystem for the management of lifestyle-related chronic conditions. The platform distinguishes itself by integrating 24x7 doctor intervention with an intelligent care companion, effectively bridging the gap between patient monitoring and proactive medical guidance. By digitizing the patient journey, Phable addresses critical inefficiencies in traditional healthcare delivery, positioning itself as a leader in the rapidly evolving digital health landscape. Its market position is reinforced by a focus on scalability and high-touch patient engagement, which are essential for long-term success in the enterprise-level healthtech market.

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 SOSV LLC, Omron Ventures, and Manipal Hospitals

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

Key Investors in Phable

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 for investors while being founder-friendly.

Kalaari Capital

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

What's next for Phable?

With the successful closure of this Series B financing, Phable is poised to enter a phase of aggressive market expansion and product refinement. The strategic focus will likely shift toward deepening its clinical integration, expanding its network of healthcare providers, and enhancing the predictive capabilities of its intelligent care companion. As the company scales, it will need to navigate the complexities of the healthcare regulatory environment while maintaining the high standard of care that has attracted significant institutional backing. The infusion of capital serves as a catalyst for Phable to solidify its footprint in the competitive healthtech arena, potentially setting the stage for future market leadership and sustained operational growth.

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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 Aflac Ventures. 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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