Physera, a Minneapolis-based provider of musculoskeletal care, raised $8m in Series A funding.
The round, which brought total funding raised to date to more than $10m, was led by BlueCross BlueShield Venture Partners. In conjunction with the funding, Michael Spadafore, a managing director at BCBSVP, will be joining Physera’s board.
Led by cofounder and CEO Dan Rubinstein, Physera provides an HIPAA-compliant platform for musculoskeletal (MSK) exercises and remote consultations with physical therapists. Its free Android and iOS app enables users to do exercises to reduce MSK pains, which are showed via animations and voice.
Other backers in the company include Innovation Endeavors, Lux Capital, Expa, Slow Ventures, iD Ventures, J-Angels, Rock Health’s Halle Tecco and other unnamed angels.