Kareo revenue hit $25.7M in 2023

Kareo generates revenue from 30000 customers

Kareo

Kareo

Irvine, California, United States

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How Kareo hit $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.

Founded

2004

Founded

Revenue

$25.7M

2021 Revenue

YOY
-----

YOY

Funding

$163.2M

Funding


Kareo Revenue

In 2021, Kareo revenue run rate hit $25.7M in revenue.

  • 2021

    Kareo hit $25.7M in revenue in 2021

  • 2004

    Kareo launched in 2004 with $0 revenue


Kareo Funding History

  • 2018

    Kareo raised a of $9.9M in September, 2018

  • 2015

    Kareo raised a of $55.4M in July, 2015

  • 2014

    Kareo raised a of $29.5M in January, 2014

  • 2013

    Kareo raised a of $5.5M in August, 2013

  • 2013

    Kareo raised a of $20.5M in January, 2013

  • 2011

    Kareo raised a of $10M in October, 2011

  • 2010

    Kareo raised a of $9.5M in September, 2010

  • 2010

    Kareo raised a of $1.4M in July, 2010

  • 2006

    Kareo raised a of $2.5M in May, 2006

  • 2005

    Kareo raised a of $2M in May, 2005

  • 2005

    Kareo raised a of $2M in April, 2005

FUNDING DATE ROUND AMOUNT VALUATION
September, 24 2018 $9.9M -
July, 28 2015 $55.4M -
January, 21 2014 $29.5M -
August, 06 2013 $5.5M -
January, 23 2013 $20.5M -
October, 05 2011 $10M -
September, 13 2010 $9.5M -
July, 02 2010 $1.4M -
May, 17 2006 $2.5M -
May, 23 2005 $2M -
April, 25 2005 $2M -

Team

Kareo has 501 total employees and 6 sales reps that carry a quota. They have 30,000 customers an engineering team of 37 and a marketing team of 3.

DISTRIBUTION QTY
Total team size
501
Engineer
37(7%)
Sales
6(1%)
Marketing
3(1%)

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

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Customers

Kareo has 30K customers.

Lifetime Months

-

x

Monthly ARPU

$71

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

$857


Kareo Executives

Name Position Working Email Personal Email
Dan Rodrigues CEO dan.rodrigues@kareo.com -

Kareo Employees

Name Position Working Email Personal Email
Dan Rodrigues CEO dan.rodrigues@kareo.com -


Frequently Asked Questions about Kareo

When was Kareo founded?

Kareo was founded in 2004.

How much revenue does Kareo generate?

Kareo generates $25.7M in revenue.

Who is the CEO of Kareo?

The CEO of Kareo is Dan Rodrigues.

How much funding does Kareo have?

Kareo raised $163.2M.

How many employees does Kareo have?

Kareo has 501 employees.

Where is Kareo headquarters?

Kareo is headquartered at Irvine, California, United States