Valuation
$49.8M
2021 Revenue
$16.6M
Customers
2.6K
Funding
$2.9M
Avg ACV
$6.4K
Team
248
Founded
1997
How Capsule Tech CEO Hemant Goel grew to $16.6M revenue and 2.6K customers in 2021.
Provider of services for medical device integration. The company provides medical device connectivity, interoperability and integration, clinical analytic and point of care data integration.
Last updated
Capsule Tech Revenue
In 2021, Capsule Tech's revenue reached $16.6M. Since its launch in 1997, Capsule Tech has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | Capsule Tech Hit $16.6m revenue in April 2021 | |
| 1997 | Launched with $0 revenue |
Capsule Tech Valuation, Funding Rounds
Capsule Tech's most recent disclosed valuation is $49.8M.
Capsule Tech has raised $2.9M in total funding across 1 round, with its most recent round in 2002.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2002 | Funding round | $2.9M | - | - |
Founder / CEO
Hemant Goel
Hemant Goel is a seasoned business executive with over 30 years of global experience and proven success in healthcare information technology. He brings a comprehensive set of management, technical, and product development skills to his role at Capsule Technologies. Hemant held the role of president at Spok. Previously he was chief operating officer from October 2014 to June 14, 2015. He joined Spok from Siemens Health Services, where he was vice president, clinical solutions (2008-2014), with worldwide development responsibilities for the company’s sizable clinical IT solutions business. In this position, he successfully managed the organization’s operations, product portfolio, innovation and strategic growth, resulting in higher revenue, expanded market share, and improved customer retention. Hemant also led a major software acquisition for the company.
Q&A
| Question | Answer |
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Customers
Capsule Tech serves 2.6K customers.
Capsule Tech Employees & Team Size
Capsule Tech employs approximately 248 people as of 2026, including 32 sales reps that carry a quota. It serves 2.6K customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2021 | Reached 248 employees (April 2021) |
Frequently Asked Questions about Capsule Tech
What is Capsule Tech's revenue?
Capsule Tech generates $16.6M in revenue.
Who founded Capsule Tech?
Capsule Tech was founded by Hemant Goel.
Who is the CEO of Capsule Tech?
The CEO of Capsule Tech is Hemant Goel.
How much funding does Capsule Tech have?
Capsule Tech raised $2.9M.
How many employees does Capsule Tech have?
Capsule Tech has 248 employees.
Where is Capsule Tech headquarters?
Capsule Tech is headquartered in Andover, Massachusetts, United States.
Compare Capsule Tech to the industry
Capsule Tech operates across multiple industries. Browse revenue, funding, and growth data for Capsule Tech 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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