ABILITY Network logo
Founded 2000

ABILITY Network

2021 Revenue

$568.0M

YOY

Funding

$1.1B

How ABILITY Network hit $568.0M in Revenue with 1M Customers in 2021.

About ABILITY Network

ABILITY Network is an operator of a healthcare technology firm. The company offers web-based management tools in the areas of health system, home health, hospice, hospitality, Medicare revenue cycle management, referral management, Medicare claims and remittances. ABILITY was founded in 2000 and is headquartered in Minneapolis, Minnesota. The company continues to grow by making periodic small acquisitions.

Monthly Revenue

$47.3M

Total Expenses

$47.3M

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

United States
$Funding$Revenue

ABILITY Network Revenue

In 2021, ABILITY Network revenue run rate hit $568.0M in revenue.

$568.0M

ABILITY Network Valuation and Funding History

ABILITY Network has raised a total of $1.1B.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
12/14/2017$545.0M
04/07/2014$550.0M
05/17/2011$27.0M
01/01/2007$5.0M
12/14/2006$1.0M
02/23/2004$2.5M

Customers

ABILITY Network has 1M customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

ABILITY Network has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

ABILITY Network has 518 employees. They have 140 sales reps that carry a quota They have an engineering team of 31. and a marketing team of 11.

2021
DistributionQty

Total Team Size

518

Engineers

31 (6%)

Sales

140 (27%)

Marketing

11 (2%)

CEO/Founder

Bud Meadows


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Frequently Asked Questions about ABILITY Network

When was ABILITY Network founded?

ABILITY Network was founded in 2000.


Who is the CEO of ABILITY Network?

The CEO of ABILITY Network is Bud Meadows


How many employees does ABILITY Network have?

ABILITY Network has 518 employees.

How much revenue does ABILITY Network generate?

ABILITY Network generates $568.0M in revenue.


How much funding does ABILITY Network have?

ABILITY Network has raised $1.1B.


Where is ABILITY Network headquarters?

ABILITY Network is headquartered at United States

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