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InstaMed revenue is $14.9 million

InstaMed is worth $550 million valuation

InstaMed team size is 318 employees


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InstaMed

- Philadelphia, Pennsylvania, United States

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How InstaMed hit $14.9M Revenue with 60K customers in 2022.

Provider of a payments network designed to connect providers, payers and consumers on one platform. The company's payments network reduces the risks, costs and complexities of working with multiple payment vendors by delivering one platform for all forms of payment in healthcare, designed and developed on one code base and supported by one onshore team of experts in healthcare payments, enabling providers to collect more money from patients and payers while reducing the cost and time to collect.

Founded

2004

Founded

Revenue

$14.9M

2022 Revenue

YOY
-----

YOY

Funding

$130.6M

Funding


InstaMed Revenue

In 2022, InstaMed revenue run rate hit $14.9M in revenue.

  • 2021

    InstaMed hit $14.9M in revenue in 2021

  • 2004

    InstaMed launched in 2004 with $0 revenue

$14.9M

InstaMed Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2016

    InstaMed raised a of $50M

  • 2014

    InstaMed raised a of $17M

  • 2013

    InstaMed raised a of $5M

  • 2013

    InstaMed raised a of $3.5M

  • 2012

    InstaMed raised a of $14M

  • 2011

    InstaMed raised a of $5.5M

  • 2011

    InstaMed raised a of $4M

  • 2010

    InstaMed raised a of $6M

  • 2010

    InstaMed raised a of $4.3M

  • 2009

    InstaMed raised a of $6M

  • 2007

    InstaMed raised a of $6.5M

  • 2007

    InstaMed raised a of $5M

  • 2006

    InstaMed raised a of $3M

  • 2005

    InstaMed raised a of $800K

FUNDING DATEROUNDAMOUNTVALUATION
09/26/2016 $50M
12/03/2014 $17M
08/21/2013 $5M
05/06/2013 $3.5M
05/23/2012 $14M
09/01/2011 $5.5M
05/13/2011 $4M
09/15/2010 $6M
07/14/2010 $4.3M
03/17/2009 $6M
04/27/2007 $6.5M
04/09/2007 $5M
02/01/2006 $3M
05/01/2005 $800K

Team

InstaMed has 318 total employees They have 60000 customers

2021
DISTRIBUTIONQTY
Total team size
318
Engineer
0(0%)
Sales
0(0%)
Marketing
0(0%)

CEO/Founder

Bill Marvin

Bill is a healthcare technology visionary, entrepreneur, thought leader and operator. Bill’s deep experience and expertise in the healthcare payments and revenue cycle industries date back to 1993. He possesses an unwavering passion for leveraging technology to transform the healthcare payments experience for providers, payers and consumers. Since co-founding InstaMed in 2004, Bill has led and scaled the company to power hundreds of billions of dollars in healthcare payments for providers and payers of all sizes nationwide. In July 2019, J.P. Morgan acquired InstaMed. Bill continues to lead InstaMed as CEO, and he is also Managing Director & Head of Healthcare Payments at J.P. Morgan.

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Customers

InstaMed has 60K customers.

Lifetime Months

-

x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

-

$0$0024681012
$0$0024681012

Churn

InstaMed has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About InstaMed

Monthly Revenue

$1.2M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


InstaMed Board of Directors

NamePosition

InstaMed Executives

NamePosition
Bill Marvin CEO

InstaMed Employees

NamePosition
Bill Marvin CEO

Frequently Asked Questions about InstaMed

When was InstaMed founded?

InstaMed was founded in 2004.

How much revenue does InstaMed generate?

InstaMed generates $14.9M in revenue.

Who is the CEO of InstaMed?

The CEO of InstaMed is Bill Marvin.

How much funding does InstaMed have?

InstaMed was raised $130.6M.

How many employees does InstaMed have?

InstaMed has raised 318 employees.

Where is InstaMed headquarters?

InstaMed headquater is at United States