WebPT
👤 Heidi Jannenga (Jannenga practiced PT for 15+ years, treating pro athletes, before WebPT — she built for a field she already lived in.)🌐 siteLinkedIn
A torn ACL sent her into physical therapy; two decades later she built the EMR her whole profession runs on.
Will it work? · our read
Owned the vertical. Not a pure bootstrap — a $1M local round and later growth equity fueled it. The real edge: an insider founder who taught her whole profession before she sold to it.
01How the money moves
Rehab clinic subscribes, per therapist seat
→
Adds billing, scheduling, patient-marketing modules
→
WebPT charges every provider monthly, all recurring
02The numbers
200K+
rehab therapists
wiki '22
9
yrs on Inc 5000
Inc 5000
$100M+
ARR (reported)
Battery/Inc
Counts are first-party (Dec 2022); the $100M ARR is a founder/press-stated milestone, private co. WebPT — Wikipedia
About $100M+ ARR — a founder/press-stated milestone, private company.
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WebPT — Wikipedia (founders, funding, 20K clinics, Inc 5000 x9)Inc: Heidi Jannenga's $100M software businessBattery/Inc: WebPT grew $15M to $100M+WebPT Ascend rehab-therapy summitSelectHub: WebPT vs Prompt EMR
Revenue is a founder/press-stated milestone (Heidi grew WebPT from $15M to $100M+ ARR, per Battery's own Inc article), not an audited or dashboard figure, so tagged Stated but not independently confirmed — it may be dated (post-2019). WebPT is NOT a lifelong bootstrap: capital-light in 2008-10, then a $1M Canal Partners round (2010), a Battery investment (2014), and a Warburg Pincus majority buyout (2019); I frame the award-angle "bootstrapped" as its capital-light insider rise. Customer counts (200K therapists / 20K clinics, Dec 2022) and the nine consecutive Inc 5000 years (2013-2021) are first-party/Wikipedia-sourced. The keyMove (content-and-community as distribution) is documented (blog + Ascend summit); the claim that clinic/data lock-in beats content authority as the real moat is tagged [our read]. Rival bar weights are approximate presence, not measured market share. We never score you.