Phytel Overview

  • Year Founded
  • 1996

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 148

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $232M

Phytel General Information

Description

Provider of information technology services for physician communications and medical practice management. The company offers disease management and preventive care protocols that identify and notify non compliant patients of needed healthcare actions. It develops and maintains prescription, lab and clinical data for health and disease management. The company also offers systems integration, application development and reporting services.

Contact Information

Website
www3.phytel.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 11511 Luna Road
  • Suite 600
  • Farmers Branch, TX 75234
  • United States
Primary Industry
Enterprise Systems (Healthcare)
Acquirer
International Business Machines
Vertical(s)
TMT, Life Sciences
Corporate Office
  • 11511 Luna Road
  • Suite 600
  • Farmers Branch, TX 75234
  • United States

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Phytel Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition 04-May-2015 $232M Completed Generating Revenue
7. Later Stage VC (Series G) 26-Aug-2013 Completed Generating Revenue
6. Later Stage VC (Series F) 27-Aug-2012 Completed Generating Revenue
5. Later Stage VC (Series E) 11-Feb-2010 Completed Generating Revenue
4. Later Stage VC (Series D) 29-Sep-2008 Completed Generating Revenue
3. Later Stage VC (Series C) 24-Dec-2007 Completed Generating Revenue
2. Early Stage VC (Series B) 07-Mar-2007 $3.35M $5.35M Completed Generating Revenue
1. Early Stage VC (Series A) 15-Apr-2005 $2M $2M Completed Generating Revenue
To view Phytel’s complete valuation and funding history, request access »

Phytel Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series G
Series F
Series E
Series D
Series C
Series B 2,310,000 $0.001000 7% $1.45 $1.45 1x $1.45 11.56%
Series A 2,000,000 $0.001000 7% $1 $1 1x $1 10%
To view Phytel’s complete cap table history, request access »

Phytel Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of information technology services for physician communications and medical practice management. The company of
Enterprise Systems (Healthcare)
Farmers Branch, TX
148 As of 2015

Boca Raton, FL
 

Boston, MA
 
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Phytel Competitors (32)

One of Phytel’s 32 competitors is Modernizing Medicine, a Private Equity-Backed company based in Boca Raton, FL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Modernizing Medicine Private Equity-Backed Boca Raton, FL
Athenahealth Private Equity-Backed Boston, MA
Innovaccer Venture Capital-Backed San Francisco, CA
Relatient Private Equity-Backed Atlanta, GA
Capsule Technologies (U.S.) Formerly PE-Backed Andover, MA
You’re viewing 5 of 32 competitors. Get the full list »

Phytel Patents

  • 6

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

Phytel Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-9123298-A Communications system for a service provider Inactive 27-Aug-1997
CA-2301529-A1 Communications system for a service provider Inactive 27-Aug-1997
EP-1010312-A1 Communications system for a service provider Inactive 27-Aug-1997
EP-1010312-A4 Communications system for a service provider Inactive 27-Aug-1997
WO-1999011049-A1 Communications system for a service provider Inactive 27-Aug-1997 H04M15/68
To view Phytel’s complete patent history, request access »

Phytel Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Phytel Former Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Caris Life Sciences Corporation Minority
Lah Investments Venture Capital Minority
Polaris Partners Venture Capital Minority
To view Phytel’s complete investors history, request access »

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Phytel FAQs

  • When was Phytel founded?

    Phytel was founded in 1996.

  • Where is Phytel headquartered?

    Phytel is headquartered in Farmers Branch, TX.

  • What is the size of Phytel?

    Phytel has 148 total employees.

  • What industry is Phytel in?

    Phytel’s primary industry is Enterprise Systems (Healthcare).

  • Is Phytel a private or public company?

    Phytel is a Private company.

  • What is the current valuation of Phytel?

    The current valuation of Phytel is .

  • What is Phytel’s current revenue?

    The current revenue for Phytel is .

  • How much funding has Phytel raised over time?

    Phytel has raised $40.4M.

  • Who are Phytel’s investors?

    Caris Life Sciences, Lah Investments, and Polaris Partners have invested in Phytel.

  • Who are Phytel’s competitors?

    Modernizing Medicine, Athenahealth, Innovaccer, Relatient, and Capsule Technologies (U.S.) are some of the 32 competitors of Phytel.

  • When was Phytel acquired?

    Phytel was acquired on 04-May-2015.

  • Who acquired Phytel?

    Phytel was acquired by International Business Machines.

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