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2024 Revenue

$5.3M

Customers

3K

Funding

$0

YOY

49.2%

Avg ACV

$1.8K

Team

6

Founded

1995

How MDware grew to $5.3M revenue and 3K customers in 2024.

Provider of a medical software and a medical spa practice management system intended to store health records and manage medical staffs. The company's medspa software integrates with a medical software that does electronic charting, stores patient information and monitors healthcare data along with a separate spa software which streamlines business workflow by managing all appointments, enabling medical staffs to know the exact status of a patient's treatment, check availability of rooms and machines namely lasers and recommends medication procedure.

Last updated

MDware Revenue

In 2024, MDware's revenue reached $5.3M. The company previously reported $3.5M in 2023. Since its launch in 1995, MDware has shown consistent revenue growth.

MDware Revenue GrowthReported revenue / ARR over time$0$1.3M$2.5M$3.8M$5M$6.3M1995199719992001200320052007200920112013201520172019202120232024$0$5.3MSource: GetLatka.com
YearMilestoneQuote
2024MDware Hit $5.3m revenue in October 2024
2023MDware Hit $3.5m revenue in October 2023
2021MDware Hit $736.4k revenue in April 2021
1995Launched with $0 revenue

MDware Valuation, Funding Rounds

MDware is a bootstrapped Medical Spa Software startup. Founded in 1995, MDware has grown to $5.3M in revenue without raising any venture capital or outside funding.

As a self-funded Medical Spa Software SaaS company, MDware has built its business with no outside investment.

MDware Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$11995Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

We don't have MDware's Founder / CEO on record yet.

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Customers

MDware serves 3K customers.

MDware Employees & Team Size

MDware employs approximately 6 people as of 2026, up from 4 in 2023. It serves 3K customers that rely on its solutions.

MDware Team GrowthReported headcount over time0369121519951997199920012003200520072009201120132015201720192021202320240066Source: GetLatka.com
YearMilestone
2024Reached 6 employees (December 2024)
2024Reached 4 employees (October 2024)
2023Reached 4 employees (October 2023)
2022Reached 2 employees (October 2022)
2021Reached 1 employees (December 2021)
2021Reached 12 employees (April 2021)

Frequently Asked Questions about MDware

What is MDware's revenue?

MDware generates an estimated $5.3M in annual revenue.

How much funding does MDware have?

MDware is bootstrapped and has not raised outside funding.

How many employees does MDware have?

MDware has 6 employees.

Where is MDware headquarters?

MDware is headquartered in Mississauga, Ontario, Canada.

Compare MDware to the industry

MDware operates across multiple industries. Browse revenue, funding, and growth data for MDware 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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