What is Physera?
Physera operates within the digital health landscape, focusing on providing virtual care programs designed to address chronic conditions. The company's offerings, particularly its musculoskeletal (MSK) program, aim to deliver personalized treatment plans and achieve meaningful outcomes. Through a network of licensed physical therapists and advanced technology, Physera strives to ensure high member satisfaction and cost savings for partners such as employers and health plans. The company's approach emphasizes integrated care pathways to foster lasting change and improve overall health.
How much funding has Physera raised?
Physera has raised a total of $10.8M across 2 funding rounds:
Private Equity
$2.8M
Series A
$8M
Private Equity (2017): $2.8M with participation from Innovation Endeavors, Lux Capital, Expa, and Slow Ventures
Series A (2019): $8M, investors not publicly disclosed
Key Investors in Physera
Innovation Endeavors
Innovation Endeavors is an early-stage venture capital firm that invests in visionary founders, transformational technologies and emergent ecosystems. The firm's central investment thesis, the Super Evolution, combines data, leading-edge computation, and advanced engineering to transform industries.
Lux Capital
Lux Capital is a New York based venture capital firm that raises dedicated funds to invest in earlystage and growthstage companies at the intersection of science and technology, backing founders in frontier areas such as AI, robotics, space, defense, biotechnology, and advanced materials from seed through IPO or acquisition.
Expa
Expa is the best place for entrepreneurs to create and launch new companies. Started in 2014 by Uber co-founder Garrett Camp, Expa's partners and team are dedicated to bringing the best ideas to market.
What's next for Physera?
The recent major strategic investment signals a pivotal growth phase for Physera. This influx of capital is expected to fuel further development of its virtual care solutions, potentially expanding its reach into new markets or enhancing its technological capabilities. The company's focus on measurable outcomes, such as member improvement and cost reduction, positions it for continued success in the competitive digital health and chronic condition management space. Future endeavors will likely involve scaling operations and solidifying partnerships to maximize its impact.
See full Physera company page
