Secured Research | Equipment Finance Originator | Monitor | Monitor Suite | Converge | STRIPES Leadership
No Result
View All Result
ABF Journal
Forward for Specialty Finance
SUBSCRIBE
Lender & Services Directory
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
  • Recruiting
  • Events
  • Advertise
  • Contact Us
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
  • Recruiting
  • Events
  • Advertise
  • Contact Us
No Result
View All Result
ABF Journal
No Result
View All Result
Home Deal Announcements

Phil Secures $60MM Growth Capital Facility from K2 HealthVentures

The funding is aimed at accelerating the integration of artificial intelligence across Phil’s platform and support continued customer expansion across a broad range of therapeutic areas.

byBrianna Wilson
July 9, 2025
in Deal Announcements, News

Phil, a software-driven pharmaceutical commercialization platform, secured a $60 million growth debt financing from K2 HealthVentures (K2HV), a healthcare and life sciences-focused investment firm. The funding is aimed at accelerating the integration of artificial intelligence across Phil’s platform and support continued customer expansion across a broad range of therapeutic areas.

“In 2015, we set out to transform patient access—using software to break down barriers to novel, hard-to-obtain therapies,” Deepak Thomas, founder and CEO of Phil, said. “That bold idea has grown into a proven, scalable model that’s reshaping care delivery. Today, AI marks a new inflection point—one that can reimagine patient care at unprecedented scale. With this financing, capital is no longer a constraint, and we have the freedom to continue redefining digital access. For me and the entire Phil team, the road ahead has never been more exciting—for our patients and all who share in our vision.”

“We’ve been consistently impressed by the Phil team’s disciplined focus on financial fundamentals—an essential foundation for any business that aims to do good at scale,” Austin Sherwindt, general partner at K2 HealthVentures, said. “We’re excited to provide what is likely the company’s final round of capital, supporting a team that is reimagining patient access with both ambition and operational excellence.”

“When we invested in Phil in 2021, we believed deeply in the potential of technology-powered patient access,” Adam Krainson, managing director at Warburg Pincus, said. “Four years later, the company has continued to scale with a growth trajectory that places it at the very top tier of healthcare technology businesses. We’re excited for what the future holds.”

Previous Post

eCapital Delivers $10MM Facility to Midwest Beverage Manufacturer

Next Post

Gordon Brothers Agents C$200MM to Support Morgan Construction’s Equipment Purchases

Related Posts

Advanced Power Closes $100M Corporate Credit Facility
Deal Announcements

Bain Capital Supports Playfly Sports with $250MM Credit Facility

September 3, 2026
Advanced Power Closes $100M Corporate Credit Facility
Deal Announcements

nFusion Provides $15MM ABL Facility to Transportation Company

September 3, 2026
Deal Announcements

Assembled Brands Fuels Laoban’s Growth with Scalable Line of Credit

September 3, 2026
Deal Announcements

Horizon Technology Finance Provides $15MM Loan Facility to Bioness Medical

September 3, 2026
PlainsCapital Bank Welcomes Lane as Executive Vice President of Commercial Banking
News

PlainsCapital Bank Welcomes Lane as Executive Vice President of Commercial Banking

September 3, 2026
News

Capital Markets and M&A Partners to Join Latham & Watkins in Hong Kong

September 3, 2026
Next Post

Gordon Brothers Agents C$200MM to Support Morgan Construction’s Equipment Purchases

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Covenant Defaults and the “Bad PIK” Signal: What Lincoln International’s Senior Debt Index Is Telling Direct Lenders

Covenant Defaults and the “Bad PIK” Signal: What Lincoln International’s Senior Debt Index Is Telling Direct Lenders

August 27, 2026

Capital, Consolidation & Conspicuous Consumption: The Gilded Age Captains of Industry

August 27, 2026

ABF Under Pressure: Capital One’s John Robuck on What Sets It Apart

August 21, 2026

The 200,000-Company Landscape: Where Institutional Capital Still Falls Short in the U.S. Middle Market

August 6, 2026

About Us

For over 50 years, RAM Holdings’ brands have led the commercial finance industry in publishing, talent development, research and events. ABF Journal’s audience is comprised of as many as 18,000 specialty finance industry executives, private equity investors, investment bankers, advisors, service providers and more.

Our Brands

  • Secured Research
  • Equipment Finance Originator
  • Monitor
  • Monitor Suite
  • Converge
  • STRIPES Leadership

 

Learn More

  • Advertise
  • Magazine
  • Contact Us

Newsletter

Driving specialty finance forward for decades with insights, recognition and deals. Sign up now.

SUBSCRIBE >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • People
    • Economy
    • All News
  • Deals
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
  • Magazine
    • Magazine Issues
    • Nominations
  • Events
  • Advertise
  • Contact Us
Provider Directory >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years