Valuation
$77.1M
2021 Revenue
$25.7M
Customers
30K
Funding
$148.2M
Avg ACV
$857
Team
501
Founded
2004
How Kareo CEO Dan Rodrigues grew to $25.7M revenue and 30K customers in 2021.
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
Kareo Revenue
In 2021, Kareo's revenue reached $25.7M. Since its launch in 2004, Kareo has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | Kareo Hit $25.7m revenue in April 2021 | |
| 2004 | Launched with $0 revenue |
Kareo Valuation, Funding Rounds
Kareo's most recent disclosed valuation is $77.1M.
Kareo has raised $148.2M in total funding across 9 rounds, with its most recent round in 2018.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2018 | Funding round | $9.9M | - | - | |
| 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 | - | - |
Founder / CEO
Dan Rodrigues
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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Kareo serves 30K customers.
Kareo Employees & Team Size
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.
| Year | Milestone |
|---|---|
| 2023 | Reached 501 employees (July 2023) |
| 2021 | Reached 685 employees (April 2021) |
Frequently Asked Questions about Kareo
What is Kareo's revenue?
Kareo generates $25.7M in revenue.
Who founded Kareo?
Kareo was founded by Dan Rodrigues.
Who is the CEO of Kareo?
The CEO of Kareo is Dan Rodrigues.
How much funding does Kareo have?
Kareo raised $148.2M.
How many employees does Kareo have?
Kareo has 501 employees.
Where is Kareo headquarters?
Kareo is headquartered in Irvine, California, United States.
Compare Kareo to the industry
Kareo operates across multiple industries. Browse revenue, funding, and growth data for Kareo 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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