Valuation
$10.8M
2024 Revenue
$3.6M
Funding
$0
Team
24
Founded
2016
How Medchat CEO Matt Yagey grew to $3.6M revenue with a 24 person team in 2024.
Communication platform used in health care organizations offering HIPAA-compliant live chat, chatbots and two-way texts
Last updated
Medchat Revenue
In 2024, Medchat's revenue reached $3.6M. Since its launch in 2016, Medchat has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Medchat Hit $3.6m revenue in June 2024 | |
| 2016 | Launched with $0 revenue |
Medchat Valuation, Funding Rounds
Medchat's most recent disclosed valuation is $10.8M.
Medchat is a bootstrapped Internal Communications Software startup. Founded in 2016, Medchat has grown to $3.6M in revenue without raising any venture capital or outside funding.
As a self-funded Internal Communications Software SaaS company, Medchat 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 Medchat yet.
Medchat Employees & Team Size
Medchat employs approximately 24 people as of 2026.
| Year | Milestone |
|---|---|
| 2024 | Reached 24 employees (July 2024) |
Frequently Asked Questions about Medchat
What is Medchat's revenue?
Medchat generates $3.6M in revenue.
Who founded Medchat?
Medchat was founded by Matt Yagey.
Who is the CEO of Medchat?
The CEO of Medchat is Matt Yagey.
How much funding does Medchat have?
Medchat raised $0.
How many employees does Medchat have?
Medchat has 24 employees.
Where is Medchat headquarters?
Medchat is headquartered in Charlotte, North Carolina, United States.
Compare Medchat to the industry
Medchat operates across multiple industries. Browse revenue, funding, and growth data for Medchat 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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