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How Icario grew Icario to $20.5M revenue with a 186 person team in 2025.

Icario is the leading digital-first health action company driving the next generation of healthcare. Powering over 100 million connections with people, our health action platform unites whole person data, behavioral science, and digital-first omnichannel pathways to personally connect everyone to health. Icario deeply understands people and delivers personalization at scale for the most trusted healthcare organizations in all 50 states, including eight of the 10 largest health plans. We’re a collaborative team of innovators, challengers, and problem solvers. We speak truth, are driven by data, and sweat the details. We’re a friendly and easygoing group, but we work hard because we are mission-driven, we know there is a better way, and we’re here to make it happen with you. Our mission is to move people to do things that are good for them.

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Icario Revenue

In 2025, Icario's revenue reached $20.5M. Since its launch, Icario has shown consistent revenue growth.

Icario Revenue GrowthReported revenue / ARR by year$0$5M$10M$15M$20M$25M2025$20MSource: GetLatka.com
YearMilestone
2025Icario Hit $20.5m revenue in December 2025

Icario Valuation, Funding Rounds

Icario's most recent disclosed valuation is $61.4M.

Icario is a bootstrapped Utilization Management Software startup that has reached $20.5M in revenue with no outside investment.

No funding has been reported for Icario yet.

Icario Employees & Team Size

Icario employs approximately 186 people as of 2026.

Icario has 186 total employees in different roles and functions.

Icario Team GrowthReported headcount over time040801201602002025186186Source: GetLatka.com
YearMilestone
2025Reached 186 employees (December 2025)

Customers

We do not have customer count information for Icario yet.

Frequently Asked Questions about Icario

What is Icario's revenue?

Icario generates $20.5M in revenue.

How much funding does Icario have?

Icario raised $0.

How many employees does Icario have?

Icario has 186 employees.

Where is Icario headquarters?

Icario is headquartered in Minneapolis, Minnesota, United States.

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 .

Icario Revenue 2025: $20.5M ARR, $61.4M Valuation