Fundraising Fox

Phrase Health

Philadelphia, US · Founded 2018 · Delaware corporation · 17 employees on LinkedIn · 2 known investors

Find your way into Phrase Health

465 people in our graph share verified history with the Phrase Health team — schools, employers, funds. One of them is your warm intro.

Will Quistunlockedknows Marc Tobias · together at University of California, Berkeley (overlapped)
×6knows the team · via University of California, Berkeley
knows the team · via Penn Medicine, University of Pennsylvania Health System
knows the team · via University of Pennsylvania School of Medicine
knows the team · via Children's Hospital of Philadelphia
×2knows the team · via Harvard-Westlake School

Phrase Health provides analytics tools for health systems to reduce unwarranted clinical variation within the electronic health record (EHR), aiming to lower costs and improve patient outcomes. Spun out of Children's Hospital of Philadelphia, its software applies quality improvement methods to clinical decision support and EHR governance for hospitals and health systems.

Digital HealthHealthtechSaaS

Founders & leadership

Phrase Health was founded in 2018 by Marc Tobias, MD, FAMIA.

MTMarc Tobias, MD, FAMIA
Marc Tobias, MD, FAMIAinFounder and CEOPhysician leader with board certification and experience in healthcare quality improvement and EHR workflow optimization; founded Phrase Health, which provides analytics tools to reduce clinical variation within health systems.
MZ
Michael ZeidlhackNamed on SEC filing
MTMarc Tobias
Marc TobiasinFounder and CEO
NMNaveen Muthu
Naveen MuthuinCo-Founder, Scientific Advisor

Investors · 2

BioAdvanceConshohocken · $500K – $1.5M
LionBirdTel Aviv · $200K – $500Kvia Robert Lord · board

Reported raises · per SEC filings

Form D private placements

$3M disclosed across 2 of 3 rounds · 2019–2024

▶$3MraisedOct 2021 · 3 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Robert LordDirector
  • Marc TobiasExecutive Officer, Director, Promoter
  • Michael ZeidlhackExecutive Officer, Director, Promoter
Offering amount
$3M
Amount sold
$3M
First sale
Oct 2021
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$25KraisedFeb 2019 · 1 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Michael ZeidlhackExecutive Officer, Director
  • Marc TobiasExecutive Officer, Director
  • Naveen MuthuDirector
Offering amount
$25K
Amount sold
$25K
First sale
Feb 2019
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 4

by search overlap
World Health Organization, 2025101 shared keywordsThe World Health Organization is a United Nations agency founded in 1948 that leads global health initiatives and emergency response across 194 member states. It works to expand universal health coverage, coordinate responses to health emergencies, and promote healthier lives across all life stages.
Smartsheet98 shared keywordsSmartsheet provides a cloud-based work management platform that enables teams and organizations to plan, capture, manage, automate, and report on work at scale across enterprises, nonprofits, and small businesses globally. The platform helps improve process efficiency and business outcomes through unified digital workplace capabilities.
Sydney Startup Hub84 shared keywordsA NSW Government website that publishes grants and funding opportunities for government agencies, businesses, startups, and individuals, and offers support programs and disaster assistance. It provides tools for agencies to list grants and helps residents and businesses find rebates, business support, and disaster relief.
ClearPointStrategy.com76 shared keywordsClearPoint develops management reporting software that helps organizations make data-driven decisions through simplified and efficient reporting tools.

Companies competing with Phrase Health for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 2 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase IISTTR2021$1.7M
National Institutes of Health (NIH)National Institutes of HealthPhase ISTTR2019$225K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Phrase Health Secures $2M NIH SBIR Fundingfinsmes.com · Aug 2024Center City's Phrase Health raises $3 million, led by LionBirdtechnical.ly · Oct 2021Phrase Health got $1.7M from NIH for its better patient outcomes dashboardtechnical.ly · Aug 2021

Frequently asked questions

What does Phrase Health do?
Phrase Health provides analytics tools for health systems to reduce unwarranted clinical variation within the electronic health record (EHR), aiming to lower costs and improve patient outcomes. Spun out of Children's Hospital of Philadelphia, its software applies quality improvement methods to clinical decision support and EHR governance for hospitals and health systems.
Who founded Phrase Health?
Phrase Health was founded by Marc Tobias, MD, FAMIA in 2018.
Who are Phrase Health's investors?
Phrase Health's investors include BioAdvance, LionBird.
How much funding has Phrase Health raised?
Phrase Health has disclosed $3M raised across 2 of its 3 known rounds.
Where is Phrase Health headquartered?
Phrase Health is headquartered in Philadelphia, US.