Tebra

Tebra
IndustryHealthcare software
FoundedNovember 2021
FounderDan Rodrigues
HeadquartersNewport Beach, California, United States
Key peopleDan Rodrigues (CEO and Co-founder)
Mike Doktorczyk (CFO)
Kyle Ryan (Chief Product and Technology Officer)
Kevin Marasco (Chief Growth Officer)
Amanda Piwonka (Chief People Officer)
Colin Morris (General Counsel)
Andrea Weisz (Chief Customer Officer)
ProductsElectronic health records, practice management, medical billing, patient engagement
Websitetebra.com

Tebra is an American company that develops healthcare software for independent medical practices. The company was formed in November 2021 through the merger of Kareo, an electronic healthcare records and medical billing software provider, and PatientPop, a practice growth and patient engagement platform. Tebra's integrated platform combines electronic health records, practice management, billing, marketing, and patient engagement tools. As of 2025, the platform serves over 140,000 healthcare providers covering more than 120 million patients in the United States. In 2022, the company achieved unicorn status with a valuation exceeding $1 billion following a Series B funding round.

History

Kareo

In 2004, Dan Rodrigues founded Kareo and opened its first office in Irvine, California. Kareo developed a cloud-based technology platform including clinical and financial solutions for independent healthcare providers. Kareo offered electronic health records, practice management, and billing tools for independent providers. In 2018, Kareo expanded its offices to include San Diego. In 2019, Kareo processed $25 billion in insurance claims.

PatientPop

In 2014, Luke Kervin and Travis Schneider co-founded PatientPop. PatientPop focused on digital practice marketing and patient acquisition services for healthcare providers.

Merger

In November 2021, Kareo and PatientPop merged and formed Tebra, combining Kareo's clinical and financial software with PatientPop's practice growth platform. Dan Rodrigues serves as CEO, with Travis Schneider and Luke Kervin in leadership roles. On November 6, 2021, Tebra completed a Series A funding round, with Golub Capital serving as the lead investor, and raised $65 million. The startup's other investors include Commonfund, HLM Venture Partners, OpenView, StepStone Group, Stripes Group, Montreux Equity Partners, Toba Capital, Transformation Capital, and Vivo Capital.

On July 6, 2022, Tebra completed a Series B funding round led by Golub Capital, which raised $72 million. The company reached a valuation of more than $1 billion. In 2022, Tebra was named a top workplace by The Orange County Register.

In February 2023, Tebra announced the opening of another office in Costa Rica. Tebra was named on the 2023 list of top healthcare technology companies by the Healthcare Technology Report. In August 2023, Tebra launched The Intake, a resource hub providing educational content for independent medical practices.

In December 2025, Tebra raised $250 million in combined equity and debt financing to expand AI-driven automation across its electronic health record and practice-operations suite. The equity portion was led by Hildred, with a debt facility provided by J.P. Morgan. According to the company, the funding was intended to accelerate development of AI capabilities, including clinical documentation and billing automation.

Products

Tebra provides an integrated software platform for independent medical practices, combining clinical, financial, and practice-management tools.

Tebra's EHR system includes customizable clinical documentation templates, e-prescribing, and lab integrations. AI Note Assist uses artificial intelligence to generate clinical notes from patient encounters. In the second half of 2025, the feature was used to generate more than 500,000 clinical notes.

The platform provides online reputation management, including automated review requests and monitoring. In October 2025, Tebra introduced AI Review Replies and AI Review Insights, automated tools for managing patient reviews. According to Tebra, the tools generated increases in online impressions and website clicks for early users. Additional marketing features include website design, search engine optimization, and social media management tools to help practices reach patients.

Customers

Tebra markets its platform primarily to independent medical practices across specialties, serving a range of specialties including primary care, mental health, and family medicine in the United States. As of 2025, the platform serves over 140,000 healthcare providers covering more than 120 million patients.

Tebra describes itself as an "all-in-one provider platform" designed specifically for private practices rather than larger enterprises. Following the 2021 merger of Kareo and PatientPop, Tebra has addressed the operational needs of independent practices by offering solutions for clinical workflows, billing, and patient engagement.

The platform's target market focuses on small to medium-sized independent practices, typically with up to 10 providers. In coverage of the company's December 2025 financing round, CEO Dan Rodrigues stated that the platform was being used by practices serving approximately 90 million patients, with similar provider counts (100,000–150,000) appearing across industry publications. The company states that the $250 million equity and debt financing round, led by Hildred with a debt facility from J.P. Morgan, would be used to expand AI automation features.

Publications

In August 2023, Tebra launched The Intake, a publication focused on the business of running independent healthcare practices.

Tebra has conducted surveys on healthcare industry trends, with selected findings covered by third-party publications.

References

  1. ↑ "Tebra Raises $72M to Modernize Independent Healthcare Practices". Built In LA. 2022-07-07. Retrieved 2023-09-11.
  2. ↑ Landi, Heather (2022-07-06). "Practice management software company Tebra nabs $72M to fuel market expansion, R&D". Fierce Healthcare. Retrieved 2023-09-05.
  3. ↑ Shryock, Todd (2021-11-02). "Kareo and PatientPop merge to focus on modernizing health care practices". Medical Economics. Vol. 98, no. 12. Retrieved 2023-09-05.
  4. ↑ "Tebra accelerates AI innovation across private healthcare practices". Private Healthcare Awards. 2025-10-16. Retrieved 2026-02-03.
  5. ↑ "A Year of Progress and the Future We're Building Together". Tebra via YouTube. 2025-12-31. Retrieved 2026-02-03.
  6. 1 2 3 4 5 "Tebra Raises $72M to Modernize Independent Healthcare Practices". Built In LA. 2022-07-07. Retrieved 2023-09-11.
  7. 1 2 3 Landi, Heather (2022-07-06). "Practice management software company Tebra nabs $72M to fuel market expansion, R&D". Fierce Healthcare. Retrieved 2023-09-05.
  8. 1 2 3 4 5 Torrence, Rebecca (2022-07-08). "See the 23-slide presentation Tebra used to raise $72 million to grow the digital-health startup and prepare for an IPO". Business Insider. Retrieved 2023-09-11.
  9. ↑ "EVCS Raised $68.8M, Tebra Got $72M, and More LA Tech News". Built In LA. 2022-07-11. Retrieved 2023-09-11.
  10. ↑ Petrow, James (2018-03-01). "Uber ex-CEO Travis Kalanick joins Irvine medical software start-up's board". Los Angeles Times. Retrieved 2023-10-09.
  11. ↑ "Kalanick-Backed Startup Kareo to Merge With Health-Care IT Firm". Bloomberg. 2021-11-02. Retrieved 2023-10-09.
  12. ↑ "PatientPop, Kareo Merge to Create Tebra". Los Angeles Business Journal. Retrieved 2023-10-09.{{cite web}}: CS1 maint: url-status (link)
  13. ↑ Shryock, Todd (2021-11-02). "Kareo and PatientPop merge to focus on modernizing health care practices". Medical Economics. Vol. 98, no. 12. Retrieved 2023-09-05.
  14. ↑ Petrow, James (2018-03-01). "Uber ex-CEO Travis Kalanick joins Irvine medical software start-up's board". Los Angeles Times. Retrieved 2023-10-09.
  15. ↑ Torrence, Rebecca (2022-07-08). "See the 23-slide presentation Tebra used to raise $72 million to grow the digital-health startup and prepare for an IPO". Business Insider. Retrieved 2023-10-09.
  16. ↑ Muoio, Dave (2018-11-06). "PatientPop raises $25M for digital practice marketing service". MobiHealthNews. Retrieved 2024-11-13.
  17. ↑ "Kareo and PatientPop merge to create all-in-one provider platform". Fierce Healthcare. 2021-11-02. Retrieved 2026-02-03.
  18. ↑ "EVCS Raised $68.8M, Tebra Got $72M, and More LA Tech News". Built In LA. 2022-07-11. Retrieved 2023-09-11.
  19. ↑ "At Tebra, Developing and Empowering Employees Is a Top Priority". Built In LA. 2023-01-10. Retrieved 2023-09-11.
  20. ↑ "EVCS Raised $68.8M, Tebra Got $72M, and More LA Tech News". Built In LA. 2022-07-11. Retrieved 2023-09-11.
  21. ↑ Adams, Katie (2022-07-11). "Tebra raises $72M to scale its operating system for independent practices". MedCity News. Retrieved 2023-09-11.
  22. ↑ Torrence, Rebecca (2022-06-22). "Here are the 16 healthcare companies to hit $1 billion valuations this year as the market stumbles". Business Insider. Retrieved 2023-09-11.
  23. ↑ "Top Workplaces 2022: See all 169 Orange County company winners". Orange County Register. 2022-12-09. Retrieved 2023-09-11.
  24. ↑ "Tebra announces opening of new Costa Rica Office". CINDE. Retrieved 2023-09-11.
  25. ↑ jirehl (2023-01-24). "The Power 500 Healthcare Technology Companies of 2023". The Healthcare Technology Report. Retrieved 2023-09-11.
  26. ↑ "Tebra Launches The Intake, a Comprehensive Content Hub to Support Independent Practice Success" (Press release). Business Wire. 2023-08-09. Retrieved 2026-02-03.
  27. ↑ Sison, Manny (2026-01-12). "Tebra raises $250 million in funding for AI-enhanced healthcare platform". Los Angeles Times. Retrieved 2026-02-03.
  28. ↑ "Hildred Tebra $250M Financing". Hildred. 2025-12-17. Retrieved 2026-02-03.
  29. ↑ "Private Practice Platform Tebra Secures $250M to Accelerate AI Innovation" (Press release). Business Wire. 2025-12-17. Retrieved 2026-02-03.
  30. ↑ Hagen, Jessica (2025-12-23). "Tebra scores $250M for EHR+ platform and more digital health funding news". MobiHealthNews. Retrieved 2026-02-03.
  31. ↑ Shu, Catherine (2022-07-07). "Tebra, an operating system for independent healthcare providers, hits unicorn status". TechCrunch. Retrieved 2023-10-09.
  32. ↑ "Tebra accelerates AI innovation across private healthcare practices". Private Healthcare Awards. 2025-10-16. Retrieved 2026-02-03.
  33. ↑ "Private practice platform Tebra secures $250M to accelerate AI innovation". Tebra. 2026-01-18. Retrieved 2026-02-03.
  34. ↑ "Tebra Launches Industry-First AI Review Replies and AI Review Insights as Part of EHR+ Patient Experience Package" (Press release). Business Wire. 2025-10-07. Retrieved 2026-02-03.
  35. ↑ "Tebra Launches Industry-First AI Review Replies and AI Review Insights". Yahoo Finance. 2025-10-07. Retrieved 2026-02-03.
  36. ↑ "Tebra accelerates AI innovation across private healthcare practices". Private Healthcare Awards. 2025-10-16. Retrieved 2026-02-03.
  37. ↑ "Tebra accelerates AI innovation across private healthcare practices". Private Healthcare Awards. 2025-10-16. Retrieved 2026-02-03.
  38. ↑ "A Year of Progress and the Future We're Building Together". Tebra via YouTube. 2025-12-31. Retrieved 2026-02-03.
  39. ↑ "Best Electronic Health Records software of 2025". TechRadar. 2025-10-28. Retrieved 2026-02-03.
  40. ↑ Adams, Katie (2022-07-11). "Tebra raises $72M to scale its operating system for independent practices". MedCity News. Retrieved 2023-09-11.
  41. ↑ "Tebra accelerates AI innovation across private healthcare practices". Private Healthcare Awards. 2025-10-16. Retrieved 2026-02-03.
  42. ↑ "Tebra accelerates AI innovation across private healthcare practices". Private Healthcare Awards. 2025-10-16. Retrieved 2026-02-03.
  43. ↑ "Private practice platform Tebra secures $250M to accelerate AI innovation". Tebra. 2026-01-18. Retrieved 2026-02-03.
  44. ↑ "The Intake". Tebra. Retrieved 2023-09-11.
  45. ↑ Barron, Ann Marie (2023-06-26). "Gen Z most likely to self-diagnose using social media. But is it good for their health?". SILive.com. Retrieved 2023-09-11.
  46. ↑ Sherry, Ben (2023-06-07). "How A.I. Could Help Medical Professionals Spend Less Time on Admin Work and More Time on Care". Inc. Retrieved 2023-09-05.
  47. ↑ "Patients expect AI will be part of the future of health care". Medical Economics. Retrieved 2026-02-03.