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Valuation

$1.9B

2024 Revenue

$248M(Est.)

Funding

$300M

Team · 2025

819

Founded

2018

ConcertAI Revenue, Valuation & Funding (2024)

ConcertAI is an AI-powered SaaS data company in healthcare that develops medical research tool in oncology.

Last updated

ConcertAI Revenue

In 2024, ConcertAI's revenue reached $248M. The company previously reported $160M in 2023. Since its launch in 2018, ConcertAI has shown consistent revenue growth.

ConcertAI Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$60M$120M$180M$240M$300M2018201920202021202220232024$0$53.4M$160M$248MSource: GetLatka.com
YearMilestoneSource
2024ConcertAI Hit $248m revenue in October 2024Estimated
2023ConcertAI Hit $160m revenue in December 2023LinkedIn
2022ConcertAI Hit $53.4m revenue in March 2022
2018Launched with $0 revenue

ConcertAI Valuation, Funding Rounds

ConcertAI reached a $1.9B valuation in 2022, set during its Series C round.

ConcertAI has raised $300M in total funding across 2 rounds, most recently a $150M Series C round in 2022.

ConcertAI Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$400M$75M$800M$150M$1.2B$225M$1.6B$300M$2B$375M20182019202020212022$1.9BSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2022Series C$150M$1.9B8%
2020Series B$150M--

Founder / CEO

Jeff Elton

CEO

Jeff Elton is listed as CEO at ConcertAI.

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Customers

We do not have customer count information for ConcertAI yet.

ConcertAI Employees & Team Size

ConcertAI employs approximately 819 people as of 2026, down from 880 in 2024, including 14 sales reps that carry a quota.

ConcertAI Team GrowthReported headcount over time02505007501,0001,2502018201920202021202220232024202500819819Source: GetLatka.com
YearMilestoneSource
2025Reached 819 employees (November 2025)
2024Reached 880 employees (March 2024)
2023Reached 812 employees (December 2023)
2023Reached 1K employees (July 2023)
2022Reached 666 employees (December 2022)
2022Reached 509 employees (March 2022)
2021Reached 629 employees (December 2021)

Frequently Asked Questions about ConcertAI

What is ConcertAI's revenue?

ConcertAI generates an estimated $248M in annual revenue.

Who founded ConcertAI?

ConcertAI was founded by Jeff Elton.

Who is the CEO of ConcertAI?

The CEO of ConcertAI is Jeff Elton.

How much funding does ConcertAI have?

ConcertAI raised $300M across 2 rounds.

How many employees does ConcertAI have?

ConcertAI has 819 employees.

Where is ConcertAI headquarters?

ConcertAI is headquartered in Cambridge, Massachusetts, United States.

Compare ConcertAI to the industry

ConcertAI operates across multiple industries. Browse revenue, funding, and growth data for ConcertAI 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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ConcertAI Revenue 2024: $248M Est. ARR, $1.9B Valuation