Kareo
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 Kareo 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 |
|---|---|
| 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 |
|---|---|---|---|---|
| 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 | - | - |
Kareo Employees & Team Size
Kareo employs approximately 501 people as of 2026, down from 685 in 2021.
Kareo has 501 total employees in different roles and functions and 6 sales reps that carry a quota. They have 30K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2023 | Reached 501 employees (July 2023) |
| 2021 | Reached 685 employees (April 2021) |
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
See how Kareo acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently 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.
People Also Viewed
Dealpath
Dealpath is a platform that provides deal management solutions for real estate investment firms. It offers tools for deal tracking, collaboration, and analytics, helping streamline the transaction process and improve efficiency. The platform is designed to centralize deal information, automate workflows, and provide real-time insights for decision making.
AstroForge
We Mine Asteroids
Corporate Disk Company
Corporate Disk Company (Disk.com) is a trusted partner to thousands of companies to produce, manage, and deliver information and products.
render.com
Render is a unified cloud to build and run all your apps and websites with free TLS certificates, global CDN, private networks and auto deploys from Git.
PaneraTech
PaneraTech enables data-driven decision-making (DDDM) for manufacturers by leveraging data and the power of AI. The company specializes in providing data-driven solutions for refractory campaign life management, targeted primarily at the glass and steel industries.
DesignX
DesignX specializes in migrating and bridging manufacturing companies to Industry 4.0, offering functionalities including production audit and management, quality checks, safety audits, maintenance management, and supply chain management.
Compare Kareo to the industry
Kareo operates across multiple industries. Browse revenue, funding, and growth data for Kareo in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .