SPRY Therapeutics, a physical therapy's first AI-driven practice management platform, has secured USD 15 million in funding to fuel its rapid expansion across the United States.
This latest round, spearheaded by Flourish Ventures, Together Fund, and Fidelity's Eight Roads and F-prime Capital, brings SPRY's total funding to UDS 25 million since its 2021 launch.
SPRY offers an AI-powered, billing-centric, full-stack solution that distinguishes it from competitors. Unlike first-generation cloud solutions created by physical therapists with a clinical focus or horizontal machine learning-enabled billing systems that have limited data access, SPRY aims to integrate various aspects of clinic management.
The solution automates the operationally intensive billing process while addressing patient engagement, customised data entry, and report generation. In just 18 months, SPRY has partnered with over 105 U.S. clinics across 30 states.
"SPRY is transforming physical therapy with their AI-driven platform, streamlining clinic operations and improving patient outcomes. We're excited to support their mission to empower clinics and drive greater efficiency across the industry," said Manav Garg, Co-founder and Managing Partner at Together Fund.
_20241128124356_original_image_2.webp)
_20241127165729_original_image_8.webp)
