Kareo
Irvine, US · California corporation · 1,075 employees on LinkedIn · 4 known investors
Tebra provides an integrated electronic health record and medical billing platform for independent healthcare practices, including EHR tools, claims management, patient payments, and scheduling capabilities.
Also known as Kareo · Tebra
Founders & leadership
Board
Investors · 4
Reported raises · per SEC filings
Form D private placements$24.9M disclosed across 2 rounds · 2018–2022
▶$15MraisedJul 2022 · 3 investors · Other TechnologyRule 506(b)
- Nathan DauDirector
- Daniel RodriguezExecutive Officer, Director
- Perry WallackDirector
- Scott MaxwellDirector
- Dave CozzensDirector
- Colin MorrisExecutive Officer
- Brinkley MorseDirector
- Todd CozzensDirector
- Luke KervinDirector
- Offering amount
- $25M
- Amount sold
- $15M
- First sale
- Jul 2022
- Incorporated
- Corporation, California
- Federal exemptions
- 06b
▶$9.9MraisedOct 2018 · 15 investors · Other TechnologyRule 506(b)
- JIM LIMDirector
- DANIEL RODRIGUESExecutive Officer, Director
- PERRY WALLACKDirector
- ADAM MARCUSDirector
- MICHAEL MATLYDirector
- ROB REIDDirector
- DAVID COZZENSDirector
- TRAVIS KALANICKDirector
- Offering amount
- $10M
- Amount sold
- $9.9M
- First sale
- Sep 2018
- Incorporated
- Corporation, California
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Kareo, now operating under the Tebra brand, offers a cloud-based "EHR+" platform for independent and private medical practices. The platform combines clinical documentation with practice management functions in a single system, covering complete patient history, electronic prescribing, telehealth, provider scheduling, electronic labs, and MACRA/MIPS reporting support.
Beyond the EHR, the product set spans patient experience tools (online scheduling, appointment reminders, digital intake, HIPAA-compliant two-way messaging), practice marketing (custom practice websites, listings management across Google and other directories, review management, retention insights), and billing and payments (practice management, real-time insurance eligibility verification, claims management, and patient payments). A set of AI and automation features marketed as "AI Smart Staff" includes AI Note Assist for generating clinical notes, AI-generated review replies, AI-powered insights, and automated patient billing. The company states that all products, including the EHR, billing software, and AI features, are built for HIPAA compliance, with encrypted workflows and secure storage of patient data.
Business model
Software-as-a-service sold to medical practices as an integrated platform, with the company stating it offers transparent pricing and a single-vendor alternative to buying clinical, financial, and growth tools separately [0].
Traction
The website states the platform is trusted by 150,000 providers and thousands of independent practices, and features customer testimonials including one from a user of more than 13 years [0].
▸Full profile — market position, technology, go-to-market, history
Market position
The company positions itself as an all-in-one platform for independent practices, contrasting itself with EHRs that stop at clinical notes and with vendors that require multiple systems; it cites reviewer standing on sites such as G2, including a leader designation in medical practice management and billing [0].
Technology
A cloud-based electronic health record integrated with practice management, scheduling, patient communication, and marketing modules, plus AI features for clinical note generation, review replies, and insights. HIPAA compliance, encrypted workflows, and secure patient data storage are described as core to the products [0].
Go-to-market
Demand generation through the company website with product demos, guided product tours, an EHR calculator, and customer testimonials and case studies; prospective customers are onboarded via an assigned onboarding manager who handles setup, data migration, and staff training [0].
Independent and private healthcare practices, from solo practitioners to larger groups, as well as third-party medical billing companies [0].
History
The Kareo product and brand were rebranded to Tebra, a transition referenced directly by a customer testimonial on the company's site ("When Kareo became Tebra") [0]; kareo.com now resolves to Tebra's website.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 4
by search overlap
Companies competing with Kareo for the same Google search keywords, organic and paid, via search-intersection analysis.
Legal entities · 1
corporate structureIn the news
▸Research sources · 1
primary sources listed
- Kareokareo.com · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Kareo do?
- Tebra, formerly Kareo, sells a cloud EHR platform combining charting, billing, scheduling and marketing for private practices.
- Who founded Kareo?
- Kareo was founded by DANIEL RODRIGUES.
- Who are Kareo's investors?
- Kareo's investors include Escalate Capital Partners, OpenView Venture Partners, Silver Lake Partners, TRANSFORMATION CAPITAL.
- How much funding has Kareo raised?
- Kareo has disclosed $24.9M raised across 2 rounds.
- Where is Kareo headquartered?
- Kareo is headquartered in Irvine, US.