Valuation
$3.6M
2021 Revenue
$1.2M
Funding
$0
Team
20
Founded
2009
How MedApproved CEO Tim Hopkins grew to $1.2M revenue with a 20 person team in 2021.
Provider of a SaaS-based system intended to streamline the decision-making process for hospital committees reviewing new products and value analysis initiatives. The company's system serves as a central repository for product requests, capturing all stakeholder analysis, feedback and communications from internal and external sources increasing physician engagement and providing all the necessary tools to facilitate the value analysis workflow, which enables hospitals to make new product decisions with greater efficiency, transparency and documentation.
Last updated
MedApproved Revenue
In 2021, MedApproved's revenue reached $1.2M. Since its launch in 2009, MedApproved has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2021 | MedApproved Hit $1.2m revenue in April 2021 | |
| 2009 | Launched with $0 revenue |
MedApproved Valuation, Funding Rounds
MedApproved's most recent disclosed valuation is $3.6M.
MedApproved is a bootstrapped Decision-Making Software startup. Founded in 2009, MedApproved has grown to $1.2M in revenue without raising any venture capital or outside funding.
As a self-funded Decision-Making Software SaaS company, MedApproved has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for MedApproved yet.
MedApproved Employees & Team Size
MedApproved employs approximately 20 people as of 2026.
| Year | Milestone |
|---|---|
| 2021 | Reached 20 employees (April 2021) |
Frequently Asked Questions about MedApproved
What is MedApproved's revenue?
MedApproved generates $1.2M in revenue.
Who founded MedApproved?
MedApproved was founded by Tim Hopkins.
Who is the CEO of MedApproved?
The CEO of MedApproved is Tim Hopkins.
How much funding does MedApproved have?
MedApproved raised $0.
How many employees does MedApproved have?
MedApproved has 20 employees.
Where is MedApproved headquarters?
MedApproved is headquartered in Hudson, Massachusetts, United States.
Compare MedApproved to the industry
MedApproved operates across multiple industries. Browse revenue, funding, and growth data for MedApproved 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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