WebPT, a provider of web-based electronic medical record (EMR) solutions for rehabilitation professionals, announced that it has ranked on the list of the nation’s fastest growing private companies by Inc 500. WebPT has two consecutive appearances on this annual list of independent business, touting a 3-year growth rate of 1,316%. The company ranked no. 362 on the list for 2014 and previously ranked no. 231 on the Inc 500 list for 2013.
According to a WebPT news release, WebPT recently announced a significant round of growth capital financing from Battery Ventures. The company intends to use the new capital to further accelerate growth. The WebPT news release notes that the company has added more than 150 jobs and has grown in revenue from $1.2 million in 2010 to a projected $25 million this year.
WebPT has also ranked among the top ten Arizona companies and the top ten Phoenix Metro Area companies.
Heidi Jannenga, COO and founder of WebPT, says, “We are honored and excited to be named one of America’s fastest-growing companies, which puts the physical therapy industry in the national spotlight.”
Paul Winandy, WebPT CEO, states, “This is a true team award, and I am enormously proud of the hard work, dedication and commitment to excellence displayed by everyone at WebPT. Only a select few companies make the Inc. 500 two years in a row, and we are honored to be part of such an elite group.”