Twin Bridge Invests in Tebra

January 30, 2026 - Hildred, a healthcare-focused private equity firm that seeks opportunities to create value in middle-market companies, today announced that it has provided Tebra, the all-in-one EHR+ platform trusted by over 140,000 private healthcare providers, with $250 million in new equity and debt financing to accelerate its R&D in AI and automation.

"Independent practices are the backbone of the U.S. healthcare system, yet they have been historically underserved by legacy technology that adds to their administrative burden rather than alleviating it," said Andrew Goldman, Co-Founder and Managing Partner at Hildred. "Tebra has built the rare platform that doesn't just digitize records but actually performs work on behalf of the provider. We believe Tebra's vision for an AI-enabled 'System of Action' is the critical unlocking mechanism this market needs to restore profitability and focus back to patient care. We are thrilled to partner with Dan and the Tebra team to accelerate this transformation."

"This investment is a direct mandate to eliminate the 'squeeze' on private practices," said Dan Rodrigues, Tebra Founder and Chief Executive Officer. "AI represents the great equalizer for the industry, solving the systemic challenges that cause burnout and destroy profitability across the entire patient and revenue journey. Our confidence - and that of our investors - is rooted in our unique ability to embed AI deep into an all-in-one, easy-to-use platform purpose-built for independent practices. We look forward to partnering with the Hildred team to strategically scale our platform."

Tebra plans to use the investment to accelerate product development and deliver immediate and scalable AI automation across practitioners' most painful operational and financial workflows.

Tebra is now positioned with a profitable core business and a diversified Go-to-Market engine, ready to accelerate new customer acquisition and monetize its existing base of over 140,000 providers and 125M patient records. This investment ensures Tebra is positioned not only as a pure-play SaaS leader in a $20B+ market but also as a definitive disruptor leading the healthcare industry into a scalable, AI-powered future.

Kirkland & Ellis LLP served as legal advisor to Hildred. Jefferies served as exclusive financial advisor and Fenwick & West LLP as legal advisor to Tebra.

About Tebra

Tebra is the only all-in-one EHR+ platform built exclusively for independent healthcare practices. Designed to replace the clunky, fragmented tools built for corporate systems, Tebra connects EHR, billing, automation, telehealth, and marketing - so providers can spend less time on admin and more time with patients. More than 42,000 private practices trust Tebra to streamline operations, increase revenue, and reduce burnout - helping clinicians leave work on time and rediscover their purpose.

About Hildred

Hildred is a healthcare-focused private equity firm that specializes in operationally intensive, control-oriented investments in lower middle-market companies. Hildred partners with innovative and growth-oriented management teams to build high quality businesses. The Hildred team possesses extensive experience across the healthcare industry, and seeks to leverage its unique blend of strategic, financial, commercial and operational acumen to drive strategic growth and create value for its portfolio companies and investment partners.

About Twin Bridge Capital Partners

Founded in 2005, Twin Bridge Capital Partners is an independent private equity firm headquartered in Chicago, Illinois. The firm targets equity investments in North American small and lower middle market companies through a combination of fund investing, co-investing, and GP-led secondary investing. The firm seeks to be a value-added partner to leading sponsors and management teams to build enduring businesses across North America.