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How Medbill CEO Ken Colton grew Medbill to $80.5M revenue with a 174 person team in 2025.

Medbill is a leading DME billing company offering comprehensive and customized DME Billing services and software solutions to streamline your revenue cycle.

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Medbill Revenue

In 2025, Medbill's revenue reached $80.5M. Since its launch in 2005, Medbill has shown consistent revenue growth.

Medbill Revenue GrowthReported revenue / ARR by year$0$20M$40M$60M$80M$100M20052007200920112013201520172019202120232025$0$81MSource: GetLatka.com
YearMilestone
2025Medbill Hit $80.5m revenue in September 2025
2005Launched with $0 revenue

Medbill Valuation, Funding Rounds

Medbill's most recent disclosed valuation is $241.5M.

Medbill is a bootstrapped Medical Billing Software startup. Founded in 2005, Medbill has grown to $80.5M in revenue without raising any venture capital or outside funding.

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

Medbill Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120052005 cumulative: $0 • 2005 Founded: $02005 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Medbill Employees & Team Size

Medbill employs approximately 174 people as of 2026.

Medbill has 174 total employees in different roles and functions.

Medbill Team GrowthReported headcount over time040801201602002005200720092011201320152017201920212023202500174174Source: GetLatka.com
YearMilestone
2025Reached 174 employees (September 2025)

Founder / CEO

Ken Colton

Ken Colton is listed as Founder / CEO at Medbill.

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Customers

We do not have customer count information for Medbill yet.

Frequently Asked Questions about Medbill

What is Medbill's revenue?

Medbill generates $80.5M in revenue.

Who is the CEO of Medbill?

The CEO of Medbill is Ken Colton.

How much funding does Medbill have?

Medbill raised $0.

How many employees does Medbill have?

Medbill has 174 employees.

Where is Medbill headquarters?

Medbill is headquartered in Pittsburgh, Pennsylvania, United States.

Compare Medbill to the industry

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

Medbill Revenue 2025: $80.5M ARR, $241.5M Valuation