InstaMed revenue hit $14.9M in 2024

InstaMed generates revenue from 60000 customers

InstaMed

Philadelphia, Pennsylvania, United States

About Company RevenueFundingTeamFounder/CEOCustomersCEO Net Worth

How InstaMed hit $14.9M revenue and 60K customers in 2021.

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

2021 Revenue

YOY

-----

YOY

Funding

$130.6M

Funding

InstaMed Revenue

In 2021, 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

InstaMed Funding History

  • 2019

    InstaMed raised a of in May, 2019

  • 2016

    InstaMed raised a of in September, 2016

  • 2014

    InstaMed raised a of in December, 2014

  • 2013

    InstaMed raised a of in August, 2013

  • 2013

    InstaMed raised a of in May, 2013

  • 2012

    InstaMed raised a of in May, 2012

  • 2011

    InstaMed raised a of in September, 2011

  • 2011

    InstaMed raised a of in May, 2011

  • 2010

    InstaMed raised a of in September, 2010

  • 2010

    InstaMed raised a of in July, 2010

  • 2009

    InstaMed raised a of in March, 2009

  • 2007

    InstaMed raised a of in April, 2007

  • 2007

    InstaMed raised a of in April, 2007

  • 2006

    InstaMed raised a of in February, 2006

  • 2005

    InstaMed raised a of in May, 2005

FUNDING DATE ROUND AMOUNT VALUATION
May, 17 2019
September, 26 2016
December, 03 2014
August, 21 2013
May, 06 2013
May, 23 2012
September, 01 2011
May, 13 2011
September, 15 2010
July, 14 2010
March, 17 2009
April, 27 2007
April, 09 2007
February, 01 2006
May, 01 2005

Team

InstaMed has 318 total employees. They have 60,000 customers

DISTRIBUTION QTY
Total team size 318

Founder / CEO

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.

Q&A

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Customers

Churn

InstaMed Executives

Name Position Working Email Personal Email
Bill Marvin CEO [email protected] -

InstaMed Employees

Name Position Working Email Personal Email
Bill Marvin CEO [email protected] -

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 raised $130.6M.

  • How many employees does InstaMed have?

    InstaMed has 318 employees.

  • Where is InstaMed headquarters?

    InstaMed is headquartered at Philadelphia, Pennsylvania, United States

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