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Communication platform used in health care organizations offering HIPAA-compliant live chat, chatbots and two-way texts
Last updated
In 2024, Medchat's revenue reached $3.6M. Since its launch in 2016, Medchat has shown consistent revenue growth.
Medchat reached a $10.8M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $10.8M | - |
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
We do not have customer count information for Medchat yet.
Medchat employs approximately 24 people as of 2026.
Medchat generates an estimated $3.6M in annual revenue.
Medchat was founded by Matt Yagey.
The CEO of Medchat is Matt Yagey.
Medchat raised $0.
Medchat has 24 employees.
Medchat is headquartered in Charlotte, North Carolina, United States.
Medchat operates across multiple industries. Browse revenue, funding, and growth data for Medchat in each sector below.
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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Valuation
$10.8M
2024 Revenue
$3.6M(Est.)
Funding
$0
Team
24
Founded
2016
| Year | Milestone | Source |
|---|---|---|
| 2024 | Medchat Hit $3.6m revenue in June 2024 | Estimated |
| 2016 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 24 employees (July 2024) |
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