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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.

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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.

hc1 Revenue GrowthReported revenue / ARR by year$0$8M$15M$23M$30M$38M2001200320052007200920112013201520172019202120232024$0$15M$30MSource: GetLatka.com
YearMilestone
2024hc1 Hit $29.7m revenue in October 2024
2023hc1 Hit $21.1m revenue in October 2023
2021hc1 Hit $14.5m revenue in April 2021
2001Launched 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.

hc1 Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$10M$20M$30M$40M$50M20012003200520072009201120132015201720192001 cumulative: $0 • 2001 Founded: $02013 cumulative: $2M • 2001 Founded: $0 • 2013 Funding round: $2M2013 cumulative: $5M • 2001 Founded: $0 • 2013 Funding round: $2M • 2013 Funding round: $3M2014 cumulative: $6M • 2001 Founded: $0 • 2013 Funding round: $2M • 2013 Funding round: $3M • 2014 Funding round: $1M2015 cumulative: $20M • 2001 Founded: $0 • 2013 Funding round: $2M • 2013 Funding round: $3M • 2014 Funding round: $1M • 2015 Funding round: $14M2015 cumulative: $33M • 2001 Founded: $0 • 2013 Funding round: $2M • 2013 Funding round: $3M • 2014 Funding round: $1M • 2015 Funding round: $14M • 2015 Funding round: $13M2017 cumulative: $35M • 2001 Founded: $0 • 2013 Funding round: $2M • 2013 Funding round: $3M • 2014 Funding round: $1M • 2015 Funding round: $14M • 2015 Funding round: $13M • 2017 Funding round: $2M2018 cumulative: $42M • 2001 Founded: $0 • 2013 Funding round: $2M • 2013 Funding round: $3M • 2014 Funding round: $1M • 2015 Funding round: $14M • 2015 Funding round: $13M • 2017 Funding round: $2M • 2018 Funding round: $7M2019 cumulative: $44M • 2001 Founded: $0 • 2013 Funding round: $2M • 2013 Funding round: $3M • 2014 Funding round: $1M • 2015 Funding round: $14M • 2015 Funding round: $13M • 2017 Funding round: $2M • 2018 Funding round: $7M • 2019 Funding round: $3M$44M2001 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2019Funding round$2.5M--
2018Funding round$7M--
2017Funding round$1.5M--
2015Funding round$13.2M--
2015Funding round$14.4M--
2014Funding round$1.1M--
2013Funding round$3.1M--
2013Funding 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.

hc1 Team GrowthReported headcount over time075150225300375200120032005200720092011201320152017201920212023202400295295Source: GetLatka.com
YearMilestone
2024Reached 295 employees (December 2024)
2024Reached 251 employees (October 2024)
2023Reached 251 employees (October 2023)
2022Reached 232 employees (October 2022)
2021Reached 207 employees (December 2021)
2021Reached 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.

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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 .

hc1 Revenue 2024: $29.7M ARR, $44.4M Raised