2024 Revenue
$29.7M
Customers
52M
Funding
$44.4M
YOY
41.1%
Avg ACV
$1
Team
295
Founded
2001
How hc1 CEO Brad Bostic grew hc1 to $29.7M revenue and 52M customers in 2024.
Provider of a cloud-based healthcare relationship management platform designed to personalize the healthcare experience for providers and the patients they serve. The company's platform increases internal efficiency and communication while decreasing manual reporting, tracks test utilization metrics and benchmarks to cut back on unnecessary or unreimbursed tests, enabling healthcare providers to deliver enhance healthcare experiences to their clients and patients.
Last updated
hc1 Revenue
In 2024, hc1's revenue reached $29.7M. The company previously reported $21.1M in 2023. Since its launch in 2001, hc1 has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | hc1 Hit $29.7m revenue in October 2024 |
| 2023 | hc1 Hit $21.1m revenue in October 2023 |
| 2021 | hc1 Hit $14.5m revenue in April 2021 |
| 2001 | Launched with $0 revenue |
hc1 Valuation, Funding Rounds
hc1 has not publicly disclosed its valuation. The company has raised $44.4M in total funding to date.
hc1 has raised $44.4M in total funding across 8 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2019 | Funding round | $2.5M | - | - |
| 2018 | Funding round | $7M | - | - |
| 2017 | Funding round | $1.5M | - | - |
| 2015 | Funding round | $13.2M | - | - |
| 2015 | Funding round | $14.4M | - | - |
| 2014 | Funding round | $1.1M | - | - |
| 2013 | Funding round | $3.1M | - | - |
| 2013 | Funding round | $1.6M | - | - |
hc1 Employees & Team Size
hc1 employs approximately 295 people as of 2026, up from 251 in 2023.
hc1 has 295 total employees in different roles and functions and 25 sales reps that carry a quota. They have 52M customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 295 employees (December 2024) |
| 2024 | Reached 251 employees (October 2024) |
| 2023 | Reached 251 employees (October 2023) |
| 2022 | Reached 232 employees (October 2022) |
| 2021 | Reached 207 employees (December 2021) |
| 2021 | Reached 188 employees (April 2021) |
Founder / CEO
Brad Bostic
Brad Bostic has been founding, leading, and investing in high-growth technology companies for the past 25 years. Frustrated by the prevalence of one-size-fits-all, trial and error patient care, Brad founded hc1 to save lives, save money, and eliminate wasteful practices with precision health insights that empower patients, providers, and health plans to make tailored care decisions. Today, the hc1 Platform analyzes billions of live data points across 20,000 provider locations to personalize care, improve outcomes, and eliminate waste for tens of millions of patients each year. By transforming lab and prescription data into personalized healthcare insights with cloud computing and machine learning, hc1 is the leader in critical insights, analytics, and solutions for precision health. Brad is among the top innovators in healthcare according to Becker’s Healthcare and was recognized as the 2020 Dynamic Leader of the Year by the Indiana Chamber of Commerce.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how hc1 acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
Frequently Asked Questions about hc1
What is hc1's revenue?
hc1 generates $29.7M in revenue.
Who founded hc1?
hc1 was founded by Brad Bostic.
Who is the CEO of hc1?
The CEO of hc1 is Brad Bostic.
How much funding does hc1 have?
hc1 raised $44.4M.
How many employees does hc1 have?
hc1 has 295 employees.
Where is hc1 headquarters?
hc1 is headquartered in Indianapolis, Indiana, United States.
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Compare hc1 to the industry
hc1 operates across multiple industries. Browse revenue, funding, and growth data for hc1 in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .
