What is Therapydia?
Founded in 2011 and headquartered in Mill Valley, California, Therapydia distinguishes itself by emphasizing longer, one-on-one treatment sessions for its patients. The company's core mission is to deliver comprehensive wellness services designed to help individuals achieve their lifetime health and fitness objectives. Therapydia operates as a national network, aiming to provide consistent, high-quality physical therapy care across multiple locations.
How much funding has Therapydia raised?
Therapydia has raised a total of $12.1M across 6 funding rounds:
Series A
$8.2M
Debt
$1.3M
Debt
$651K
Private Equity
$748K
Debt
$350K
Debt
$911K
Series A (2012): $8.2M with participation from Western Technology Investment, de Anda Capital, LLC, and Peterson Partners
Debt (2012): $1.3M led by de Anda Capital, LLC and Peterson Partners
Debt (2015): $651K, investors not publicly disclosed
Private Equity (2017): $748K, investors not publicly disclosed
Debt (2020): $350K backed by PPP
Debt (2021): $911K with participation from PPP
Key Investors in Therapydia
Western Technology Investment
Western Technology Investment (WTI) specializes in providing venture debt to assist startups in financing their growth while minimizing shareholder dilution. Since its inception in 1980, WTI has supported over 1,400 companies across various innovation sectors, demonstrating a long history of capital provision through diverse economic cycles. WTI adopts a flexible and founder-friendly approach to lending, empowering partners to make timely decisions that cater to the unique needs of their portfolio companies. The firm offers scalable credit facilities suitable for businesses from their seed stage to public listing.
de Anda Capital, LLC
De Anda Capital, LLC is an investment firm that has participated in Therapydia's funding rounds, contributing to the company's debt financing. Further details on their specific investment focus are not publicly available.
Peterson Partners
Peterson Partners is an independent investment management firm based in Salt Lake City, Utah. They offer private equity and venture capital funds to various industries including healthcare and software. Peterson Partners was founded in 2003 and has been involved in Therapydia's Series A and debt financing rounds.
What's next for Therapydia?
The substantial debt financing secured by Therapydia, particularly the recent rounds in 2020 and 2021, suggests a strategic focus on operational scaling and potentially acquisitions to broaden its market presence. The company's history of securing capital from entities like Western Technology Investment and Peterson Partners indicates a strong foundation and investor confidence in its business model. Future growth will likely involve expanding its clinic network, enhancing its wellness service portfolio, and leveraging technology to optimize patient care and operational efficiency.
See full Therapydia company page