Phytel offers a web-based registry that uses evidence-based chronic and preventive care protocols to identify and notify patients due for service, while tracking compliance and measuring quality and financial results. The company’s service is designed to help doctors better manage patients and to grow practice revenues through increased bookings. Phytel has attracted $14.2M in funding to support its growth. The investment is intended to advance product development initiatives and expand the company’s market share. A representative of Polaris Venture Partners commented on Phytel’s leadership, timing, and product momentum, expressing confidence in future demand driven by healthcare reform initiatives.

Total raised

$14M

Funding rounds

1

Latest round

Equity

Latest activity

Feb 2010