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ABILITY Network

United States

2021 Revenue

$568M

Customers

1M

Funding

$1.1B

Avg ACV

$568

Team

518

Founded

2000

ABILITY Network Revenue & Funding (2021)

ABILITY Network generated $568M in revenue in 2021.

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.

Last updated

ABILITY Network Revenue

In 2021, ABILITY Network's revenue reached $568M.

ABILITY Network Revenue GrowthReported revenue / ARR over time$0$125M$250M$375M$500M$625M200020022004200620082010201220142016201820202021$0$568MSource: GetLatka.com
YearMilestoneSource
2021ABILITY Network Hit $568m revenue in April 2021Not recorded
2000Launched with $0 revenue

ABILITY Network Valuation, Funding Rounds

ABILITY Network has not publicly disclosed its valuation. The company has raised $1.1B in total funding to date.

ABILITY Network has raised $1.1B in total funding across 6 rounds, with its most recent round in 2017.

ABILITY Network Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$250M$0.4$500M$0.6$750M$0.8$1B$1$1.3B2000200220042006200820102012201420162017Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2017Funding round$545M--Not recorded
2014Funding round$550M--Not recorded
2011Funding round$27M--Not recorded
2007Funding round$5M--Not recorded
2006Funding round$1M--Not recorded
2004Funding round$2.5M--Not recorded

Customers

ABILITY Network serves 1M customers.

ABILITY Network Employees & Team Size

ABILITY Network employs approximately 518 people as of 2026, including 140 sales reps that carry a quota. It serves 1M customers that rely on its solutions.

ABILITY Network Team GrowthReported headcount over time012525037550062520002002200420062008201020122014201620182020202100518518Source: GetLatka.com
YearMilestoneSource
2021Reached 518 employees (April 2021)Not recorded

Frequently Asked Questions about ABILITY Network

Who owns ABILITY Network?

ABILITY Network is owned by Inovalon, which acquired it.

What is ABILITY Network's revenue?

As of 2021, ABILITY Network generated $568M in revenue.

Who founded ABILITY Network?

ABILITY Network was founded by Bud Meadows.

When was ABILITY Network founded?

ABILITY Network was founded in 2000.

How much funding does ABILITY Network have?

ABILITY Network raised $1.1B across 6 rounds.

How many employees does ABILITY Network have?

As of 2021, ABILITY Network had 518 employees.

Where is ABILITY Network headquartered?

ABILITY Network is headquartered in United States.

Compare ABILITY Network to the industry

ABILITY Network operates across multiple industries. Browse revenue, funding, and growth data for ABILITY Network 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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