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Clinicient

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Clinicient provides revenue cycle management and clinical documentation software solutions for outpatient rehabilitation clinics.

Portland, United StatesFounded 1999Health Tech & Medtech
Valuation $100–250M Last recorded · 2019
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Clinicient and the history behind them.

About Clinicient

Established in 1998, Clinicient, Inc. operates as a specialized technology firm providing software solutions for outpatient therapy practices. The company was co-founded by Jerry Henderson, a physical therapist, alongside Aditya Rajagopal and Alex Dickinson. This venture originated from the idea of a single, unified platform to manage the complete rehabilitation therapy cycle, a vision that continues to guide the company. A significant milestone in the company's history was its acquisition by WebPT on January 18, 2022, a move that substantially increased its operational scale. Prior to this, Clinicient had expanded its capabilities by acquiring patient engagement innovator Keet Health in December 2017.

Clinicient targets outpatient rehabilitation clinics, including physical therapy, occupational therapy, and speech-language pathology practices across the United States. Its business model is centered on a subscription-based service for its core product, the Clinicient Insight Platform. This platform functions as a comprehensive Electronic Medical Record (EMR) system, integrating clinical documentation with billing and revenue cycle management. Revenue is generated from monthly subscription fees, with pricing tailored to the size of the practice and the specific functionalities required. The company also offers its software-enabled services to manage billing and accounts receivable for clinics that prefer to outsource these functions.

The Clinicient Insight Platform is engineered to streamline the entire workflow of a therapy practice, from patient registration and scheduling to documentation, billing, and reporting. A key feature is its ability to automate compliance with complex payer rules, such as Medicare guidelines, by tightly coupling clinical documentation with charge capture to ensure claim accuracy. The platform offers functionalities like one-click claims submission, customizable billing rules, denial management tools, and patient engagement features, including appointment reminders and online payments. It is designed to be device-agnostic and includes features like speech-to-text and templates to improve documentation efficiency. Following the acquisition by WebPT, the combined entity serves over 27,000 clinics, and WebPT has stated it will continue to support Clinicient's platforms.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1999
Headquarters
Portland, United States
Employees
39
Open positions
None listed
Dealroom signal
62.4/100
Industry
Health, Enterprise Software
Sub-industry
Health Platform
Sector
Health Tech & Medtech, Document Management, Rehabilitation, Hard Tech
Business model
SaaS
Client focus
b2b
Investment activity
1 company, latest Dec 2017
Capital deployed
—
Preferred round
ACQUISITION

Funding history

10 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Jan 2022 $0 — WebPT ↗
EARLY VCOther financing Jul 2019 $17M $68M Catalyst Investors —
Showing the latest 2 of 10 recorded eventsBook a demo for the full funding history →

Growth signals

Clinicient website traffic

Latest recorded traffic for Clinicient is 260K monthly website visits, down 21.2% over the last three months. Clinicient's team declined 67.5% over the past year.

Latest monthly visits260K 3-month web change-21.2% 1-year team growth-67.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

  • Village Ventures
  • Highway 12 Ventures

Series B and later3 investors entered at this stage

Other known investors1 additional known investor

  • WebPT
Team profiled 21 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States94.7%
🇳🇬 Nigeria5.3%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Clinicient on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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