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2024 Revenue

$30.8M

Customers

100

Funding

$0

YOY

610.6%

Avg ACV

$308K

Team · 2023

43

Founded

1998

How 4medica CEO Oleg Bess grew to $30.8M revenue and 100 customers in 2024.

4medica provides the industry's leading SaaS (software-as-a-service) Big Data Management and Clinical Data Exchange platforms to help healthcare organizations of diverse types create a seamless view of the patient care experience and further drive better health outcomes. The 4medica Big Data MPI, 4medica Big Data CDR, 4medica Big Data Identity Enrichment and ClinXdata Clinical Data Exchange modular solutions integrate with and build upon disparate systems to facilitate patient identity management and interoperable data exchange across various care settings to promote care continuity. The cloud-computing model is scalable, lower cost, maintenance-free, easy to use and deployable in a few months or less, eliminating large capital outlays or resource utilization. 4medica connects hundreds of organizations including ACOs, HIEs, HINs, hospitals, health systems, physicians, laboratories, and radiology imaging centers. The company's national footprint includes regional offices in India

Last updated

4medica Revenue

In 2024, 4medica's revenue reached $30.8M. The company previously reported $4.3M in 2023. Since its launch in 1998, 4medica has shown consistent revenue growth.

4medica Revenue GrowthReported revenue / ARR over time$0$7.5M$15M$22.5M$30M$37.5M19982000200220042006200820102012201420162018202020222024$0$3.3M$30.8MSource: GetLatka.com
YearMilestoneQuote
20244medica Hit $30.8m revenue in November 2024
20234medica Hit $4.3m revenue in December 2023
20214medica Hit $3.3m revenue in April 2021
1998Launched with $0 revenue

4medica Valuation, Funding Rounds

4medica is a bootstrapped Data as a Service (DaaS) Software startup. Founded in 1998, 4medica has grown to $30.8M in revenue without raising any venture capital or outside funding.

As a self-funded Data as a Service (DaaS) Software SaaS company, 4medica has built its business with no outside investment.

4medica Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$11998Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founders

Oleg Bess

CEO

Oleg Bess, M.D., is a founder and chief executive officer of 4medica. He leads the 4medica leadership team and the company’s product development strategy across inpatient, ambulatory and other new care settings to meet demand for affordable and rapidly deployable cloud-based interoperability and connectivity solutions. With a quarter century of healthcare experience, Dr. Bess has spent the last 20 years honing his development and leadership expertise in informatics while maintaining his 25-year-old OB/GYN practice in Los Angeles. A board certified OB/GYN physician, he is a nationally recognized gynecological and laparoscopic surgeon.

Amy Muradyan

Chief Financial Officer

Amy Muradyan is listed as Chief Financial Officer at 4medica.

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Customers

4medica serves 100 customers.

4medica Employees & Team Size

4medica employs approximately 43 people as of 2026, down from 45 in 2022, including 5 sales reps that carry a quota. It serves 100 customers that rely on its solutions.

4medica Team GrowthReported headcount over time0102030405019982000200220042006200820102012201420162018202020222023004343Source: GetLatka.com
YearMilestone
2023Reached 43 employees (December 2023)
2022Reached 45 employees (December 2022)
2021Reached 39 employees (December 2021)
2021Reached 39 employees (April 2021)

Frequently Asked Questions about 4medica

What is 4medica's revenue?

4medica generates $30.8M in revenue.

Who is the CEO of 4medica?

The CEO of 4medica is Oleg Bess.

How much funding does 4medica have?

4medica is bootstrapped and has not raised outside funding.

How many employees does 4medica have?

4medica has 43 employees.

Where is 4medica headquarters?

4medica is headquartered in Marina del Rey, California, United States.

Compare 4medica to the industry

4medica operates across multiple industries. Browse revenue, funding, and growth data for 4medica in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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