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Irvine, California, United States
Kareo is a cloud-based complete medical technology platform purpose-built to meet the needs of independent practices. The company's technology platform is the first to help independent practices find more patients, manage their care with a fully certified and easy-to-use EHR and get paid quickly in one complete package. With offices across the country, Kareo's mission is to help independent practices succeed in an ever-changing healthcare market. The company seeks to expand its business operations through mergers and acquisitions.
Last updated
In 2021, Kareo's revenue reached $25.7M. Since its launch in 2004, Kareo has shown consistent revenue growth.
Kareo reached a $77.1M valuation in 2025, set during its M&A Offer round.
Kareo has raised $144.2M in total funding across 9 rounds, with its most recent round in 2018.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $77.1M | - | |
| 2018 | Funding round | $9.9M |
CEO
Dan Rodrigues is the Founder and CEO of Kareo. Dan founded Kareo in 2004 with the vision of making medical billing easy for doctors and their staff. Since then, Kareo has become the leading cloud-based software platform focused on independent healthcare practices in the United States. Today, Kareo helps over 75,000 healthcare providers in more than 45 specialties and all 50 states run more efficient and profitable practices, while delivering outstanding patient care. Headquartered in Irvine, California, Kareo has over 450 employees that are passionate about improving healthcare.
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Kareo serves 30K customers.
Kareo employs approximately 501 people as of 2026, down from 685 in 2021, including 6 sales reps that carry a quota. It serves 30K customers that rely on its solutions.
Kareo generates $25.7M in revenue.
Kareo was founded by Dan Rodrigues.
The CEO of Kareo is Dan Rodrigues.
Kareo raised $144.2M across 9 rounds.
Kareo has 501 employees.
Kareo is headquartered in Irvine, California, United States.
Kareo operates across multiple industries. Browse revenue, funding, and growth data for Kareo in each sector below.
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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Valuation
$77.1M
2021 Revenue
$25.7M
Customers
30K
Funding
$144.2M
Avg ACV
$857
Team · 2023
501
Founded
2004
| Year | Milestone | Source |
|---|---|---|
| 2021 | Kareo Hit $25.7m revenue in April 2021 | |
| 2004 | Launched with $0 revenue |
| - |
| - |
| 2015 | Funding round | $55.4M | - | - |
| 2014 | Funding round | $29.5M | - | - |
| 2013 | Funding round | $5.5M | - | - |
| 2013 | Funding round | $20.5M | - | - |
| 2011 | Funding round | $10M | - | - |
| 2010 | Funding round | $9.5M | - | - |
| 2010 | Funding round | $1.4M | - | - |
| 2006 | Funding round | $2.5M | - | - |
| Year | Milestone | Source |
|---|---|---|
| 2023 | Reached 501 employees (July 2023) | |
| 2021 | Reached 685 employees (April 2021) |
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