Spry

What Spry does

Spry Therapeutics Inc., operating as SPRY, is an AI-native electronic medical record (EMR) and revenue cycle management (RCM) platform purpose-built for outpatient rehabilitation therapy clinics. Founded in 2021 and incorporated in Delaware with operational headquarters in Wilmington, the company serves physical therapy (PT), occupational therapy (OT), and speech-language pathology (SLP) practices, and has expanded its vertical coverage to include chiropractic, pediatric therapy, and behavioral health. The platform unifies patient intake, clinical documentation, billing, scheduling, patient engagement, and business intelligence into a single integrated workflow and is currently used by 500+ clinics across 35+ U.S. states, with named users including OC Sports and Rehab, Excel Therapy, BEST Physical Therapy, Kintsugi, and Westarm.

The underlying platform is built on a Spring Boot, Angular, MySQL, and Ubuntu 20.04 stack with HIPAA-compliant infrastructure and SOC 2 Type II certification. SPRY achieved ONC Health IT Certification in September 2025 (CHPL Listing ID 15.04.04.3242.Spry.02.00.0.250922) and exposes FHIR R4 APIs with OAuth 2.0 for standardized interoperability. Its AI capabilities are embedded across the product: SPRYScribe provides ambient clinical documentation with 93-96% transcription accuracy and a 60% documentation-time reduction; the Agentic Scribe applies multi-step reasoning for end-to-end SOAP note generation; the AI Scheduling Agent (launched November 2025) is reported to reduce therapy wait times by 20% and administrative burden by 73%; and the Prior Authorization AI module is reported to achieve 98%+ approval rates in 2-3 minutes.

SPRY generates revenue primarily through per-provider monthly SaaS subscriptions on a tiered model ranging from approximately $79/month for solo practitioners to $3,000-$10,000+/month for enterprise multi-location groups, with onboarding, data migration, SMS, telehealth, and prior authorization included across tiers rather than sold as add-ons. The company also monetizes through RCM managed services and professional onboarding/training. To date it has raised approximately $25 million across a December 2021 seed round led by Together Fund, a June 2022 $7M Series A1 led by Eight Roads Ventures, and an October 2024 $15M Series A2 led by Flourish Ventures, with F-Prime participating across rounds. Go-to-market is hybrid: direct sales for enterprise accounts, inside sales for mid-market groups, and a product-led motion with free onboarding and migration for solo practitioners.

Name

Spry

Legal name

Spry Therapeutics Inc.

Website

https://sprypt.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

51–100 employees

Short description

Spry Therapeutics Inc. is an AI-native EMR and revenue cycle management platform purpose-built for outpatient rehabilitation therapy clinics, serving physical, occupational, and speech therapy practices across the United States with 500+ clinic customers.

Ownership category

akta.pro rank

Headquarters

HQ city

Wilmington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Core EMR/RCM SaaS Subscription: Per-provider monthly subscription for cloud-based EMR, billing, scheduling, and patient engagement platform. Tiered pricing by provider count and feature set. Includes free onboarding and data migration. Subscription includes SOAP documentation, RCM workflows, scheduling, patient engagement, and compliance tools.
2. Professional Services (Onboarding & Training): White-glove onboarding, data migration, and training services. Basic onboarding and training included in subscription; premium extended training available as optional service.
3. RCM Managed Services: Revenue cycle management outsourcing with dedicated support, credentialing services, and exception handling for claims.
4. Implementation Services: Data migration assistance, configuration, project management, and role-based training. Standard implementation included; extended data migration available as fee-for-service.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels10 records

Core offering

Spry provides an AI-native, all-in-one electronic medical record (EMR) and revenue cycle management (RCM) platform purpose-built for outpatient rehabilitation therapy clinics. The platform unifies patient intake, AI-powered clinical documentation, billing and revenue cycle, scheduling, patient engagement, and business intelligence into a single integrated subscription. It serves 500+ rehab clinics across 35+ U.S. states, with tiered per-provider pricing starting at $79/month for solo practices and custom quote-based pricing for enterprise multi-location groups.

Product overview

Spry Therapeutics (operating as SPRY) offers an AI-native, all-in-one EMR and RCM platform for outpatient rehabilitation therapy clinics, serving PT, OT, SLP, chiropractic, pediatric therapy, and behavioral health. The core SPRY platform unifies patient intake, AI-powered clinical documentation (via SPRYScribe and Agentic Scribe), revenue cycle management, patient engagement, and business intelligence into a single integrated workflow. The product portfolio spans core platform capabilities (EMR/SOAP documentation, RCM/billing, scheduling) alongside multiple AI-powered add-on modules including AI Scribe, Agentic Scribe, AI Scheduling Agent, AI Prior Authorization, AI Fax, Business Intelligence, and patient engagement tools (Patient Portal, Kiosk, Companion App, Patient Connect, PROMs). Supporting modules cover Medicare compliance, eligibility verification, waitlist management, co-signing, reporting, and outcomes tracking. Legacy sub-brands include Spry 360 (full business platform) and Spry Edge (standalone intake module).

Differentiator

Problem solved

Functional benefit

Brands

• Spry 360°: Technology platform for business coordination between front office, therapist, finance, and business teams, providing seamless care delivery and increasing patient lifetime value.
• Spry Edge

Products and services

• SPRY EMR / SOAP & Documentation Core electronic medical record and clinical documentation module of the SPRY platform: AI-powered SOAP note generation via SPRYScribe, PT/OT/SLP-specific templates, specialty workflows, 55+ mobile specialty workflows, home exercise program, and outcome measures tracking. For outpatient rehab therapy practices.
• SPRY RCM (Revenue Cycle Management) Integrated revenue cycle management module: automated patient invoicing, automated claim scrubbing, eligibility checks, RCM workflow management, denial tracking, and real-time financial dashboards. Bundled within the SPRY platform subscription.
• SPRY AI Scribe (SPRYScribe) Ambient AI clinical documentation tool that captures clinician-patient interactions in real time and autonomously generates structured SOAP notes. Achieves 93-96% transcription accuracy and reduces documentation time by 60-70%. Part of SPRY's AI Offerings suite for outpatient rehab practices.
• SPRY Agentic Scribe Advanced AI agent that interprets clinical conversations and autonomously generates documentation with multi-step reasoning — an evolution of SPRY AI Scribe with agentic capabilities for end-to-end clinical note generation. Part of the SPRY AI Offerings suite.
• SPRY AI Scheduling Agent AI-powered scheduling optimization tool that fills waitlists, reduces no-shows by 30%, cuts therapy wait times by 20%, and reduces admin burden by 73%. Includes waitlist management, patient self-scheduling, and automated appointment reminders. GA within SPRY's AI Offerings suite.
• SPRY Prior Authorization AI-powered prior authorization workflow that automates 80% of authorization processes, achieves 98%+ approval rates, reduces denials by 75%, and processes authorizations in 2-3 minutes with predictive analytics. Part of the SPRY AI Offerings suite.
• SPRY AI Fax AI-powered fax automation tool for handling clinical and administrative fax workflows within the EMR platform. Part of SPRY's AI Offerings suite.
• SPRY Business Intelligence Business intelligence dashboard providing real-time analytics on revenue, claims, denials, therapist productivity, and payer performance. Includes predictive AI analytics and multi-location benchmarking.
• Revenue Cycle Management (RCM) Managed Services Outsourced revenue cycle management service: dedicated support, credentialing services, and exception handling for claims. Available as a service layer atop the SPRY platform.
• Credentialing Services Provider credentialing service available to outpatient rehab practices using the SPRY platform.
• Onboarding & Implementation Services White-glove onboarding, data migration assistance, configuration, project management, and role-based training. Standard implementation included in the SPRY subscription; extended data migration available as fee-for-service professional services.
• Customer Support Services Ongoing customer support service for outpatient rehab practices subscribed to the SPRY platform.

Quantifiable outcome

• 60% reduction in clinical documentation time
• +11 more outcomes

Named customers5 records

Segments9 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability8 records

Feature10 records

Scale indicators10 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• WebPT: WebPT is the long-standing incumbent EMR and practice management platform purpose-built for physical therapy clinics. It is Spry's primary direct competitor in the outpatient PT/OT/SLP EMR/RCM category, with overlapping target buyers (PT owners, multi-location groups) and feature parity on documentation, billing, and scheduling.
• Raintree Systems: Raintree Systems is a rehab-specialized EMR/RCM platform serving PT, OT, and SLP practices at enterprise scale. It is directly comparable to Spry given its rehab focus, integrated AI scribe offering (ScribeIQ), and multi-location customer base, and is named in Spry's competitive materials as a direct rival.
• Clinicient: Clinicient is an EMR/RCM platform focused on outpatient PT and OT practices with integrated billing and outcome tracking. It competes head-to-head with Spry in the PT/OT vertical with overlapping claims around integrated RCM workflows and is referenced in Spry's comparison content.
• TherapyNotes: TherapyNotes is a practice management and EHR platform for behavioral health and therapy practices, frequently adopted by small PT-adjacent therapy groups. It overlaps with Spry in solo and small-group therapy practices targeting OT/SLP and behavioral health segments.
• SimplePractice: SimplePractice is a cloud-based practice management platform for health and wellness professionals, commonly used by therapists, counselors, and small therapy clinics. It directly overlaps with Spry's behavioral health and SLP segments and the solo/small-group size tier.
• Jane App: Jane is a clinic management platform used by allied health practitioners including physiotherapists, chiropractors, and massage therapists. It overlaps with Spry in solo and small-group rehab/chiropractic practices and competes on ease of use and integrated scheduling.

Broad incumbents

• athenahealth: athenahealth is a large, established cloud-based EHR and practice management vendor serving ambulatory and specialty providers including physical therapy. It competes with Spry in the broader outpatient EMR/RCM category, with overlapping customers such as OC Sports and Rehab (mentioned as a Spry migration from athena).
• NextGen Healthcare: NextGen Healthcare is a large ambulatory EHR and practice management vendor with multi-specialty reach including physical therapy and rehabilitation. It serves as a broad incumbent alternative to Spry for larger enterprise rehab groups evaluating platform consolidation.
• Tebra (Kareo): Tebra (formerly Kareo) is an EHR, practice management, and patient experience platform serving independent practices across multiple specialties. It overlaps with Spry at the small-group/solo practice tier and competes for the same PT and allied-health buyer segments.

Emerging players

• CentralReach: CentralReach is an EHR and practice management platform focused on Applied Behavior Analysis (ABA), speech therapy, and occupational therapy. It has meaningful overlap with Spry's SLP and pediatric therapy segments, and represents an emerging adjacent competitor in behavioral and developmental therapy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds4 records

Investors12 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spry