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2024 Revenue

$3.3M

Funding

$5M

YOY

79.7%

Team

56

Founded

2003

How InsurePay CEO Adam Beck grew to $3.3M revenue with a 56 person team in 2024.

InsurePay is a workers' compensation administration and insurance premium billing platform for insurance providers.

Last updated

InsurePay Revenue

In 2024, InsurePay's revenue reached $3.3M. The company previously reported $1.8M in 2023. Since its launch in 2003, InsurePay has shown consistent revenue growth.

InsurePay Revenue GrowthReported revenue / ARR over time$0$750K$1.5M$2.3M$3M$3.8M200320052007200920112013201520172019202120232024$0$900K$3.3MSource: GetLatka.com
YearMilestoneQuote
2024InsurePay Hit $3.3m revenue in October 2024
2023InsurePay Hit $1.8m revenue in October 2023
2021InsurePay Hit $900k revenue in February 2021
2003Launched with $0 revenue

InsurePay Valuation, Funding Rounds

InsurePay has not publicly disclosed its valuation. The company has raised $5M in total funding to date.

InsurePay has raised $5M in total funding across 1 round, with its most recent round in 2021.

InsurePay Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$1.3M$0.4$2.5M$0.6$3.8M$0.8$5M$1$6.3M2003200520072009201120132015201720192021Source: GetLatka.com
YearRoundAmountValuation% SoldQuote
2021Funding round$5M--

Founder / CEO

Adam Beck

CEO

Adam Beck is listed as CEO at InsurePay.

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Customers

We do not have customer count information for InsurePay yet.

InsurePay Employees & Team Size

InsurePay employs approximately 56 people as of 2026.

InsurePay Team GrowthReported headcount over time01325385063200320052007200920112013201520172019202120232024005656Source: GetLatka.com
YearMilestone
2024Reached 56 employees (October 2024)
2023Reached 56 employees (October 2023)
2022Reached 58 employees (October 2022)
2021Reached 33 employees (December 2021)
2021Reached 10 employees (February 2021)

Frequently Asked Questions about InsurePay

What is InsurePay's revenue?

InsurePay generates an estimated $3.3M in annual revenue.

Who founded InsurePay?

InsurePay was founded by Adam Beck.

Who is the CEO of InsurePay?

The CEO of InsurePay is Adam Beck.

How much funding does InsurePay have?

InsurePay raised $5M across 1 round.

How many employees does InsurePay have?

InsurePay has 56 employees.

Where is InsurePay headquarters?

InsurePay is headquartered in Nashville, Tennessee, United States.

Compare InsurePay to the industry

InsurePay operates across multiple industries. Browse revenue, funding, and growth data for InsurePay in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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InsurePay Revenue 2024: $3.3M ARR, $5M Raised