ClaimVantage logo
Founded 2005

ClaimVantage

2021 Revenue

$8.0M

YOY

Funding

$2.4M

Overview

About ClaimVantage

Provider of a cloud-based software intended to manage the complex world of legal obligations and disability claims. The company's cloud-based software manages employee absences under the Family and Medical Leave Act, enabling businesses pay a setup and training fee, followed by regularly recurring fees to use the software and avoid lawsuits by incorporating all applicable laws.

Monthly Revenue

$670.8K

Total Expenses

$670.8K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

SandyfordDublinIreland

ClaimVantage Revenue vs Funding

$Funding$Revenue

ClaimVantage Revenue

In 2021, ClaimVantage revenue run rate hit $8.0M in revenue.

$8.0M

ClaimVantage Valuation and Funding History

ClaimVantage has raised a total of $2.4M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundTotalValuation
03/28/2017$2.4M

Customers

ClaimVantage has 0 customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

ClaimVantage 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

ClaimVantage has 96 employees.

2021
DistributionQty

Total Team Size

96

Engineers

0

Sales

0

Marketing

0

CEO/Founder

Leo Corcoran

Leo Corcoran: I’m an Irish guy and I’ve been working in the states for 20 years and living in Portland for about 15 of that. I got into the insurance software business 20 years ago. I took two companies from Ireland into the U.S. The first was a company called AllFinanz, they built automated underwriting systems, and the second was a company called FINEOS, who is now my biggest competitor. I took them into the states and got them into the claims business. They were doing other insurance software products and in the end I decided I had my own thoughts on how it should be done. They took the big-system approach and I wanted something a bit leaner and something that was a core product and something that could be implemented quickly and at a relatively low price.


CEO Q&A

What's your age?

-

Favorite online tool?

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Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

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Frequently Asked Questions about ClaimVantage

When was ClaimVantage founded?

ClaimVantage was founded in 2005.


Who is the CEO of ClaimVantage?

The CEO of ClaimVantage is Leo Corcoran


How many employees does ClaimVantage have?

ClaimVantage has 96 employees.

How much revenue does ClaimVantage generate?

ClaimVantage generates $8.0M in revenue.


How much funding does ClaimVantage have?

ClaimVantage has raised $2.4M.


Where is ClaimVantage headquarters?

ClaimVantage is headquartered at SandyfordDublinIreland

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