MedStack logo
Founded 2014

MedStack

2020 Revenue

$1.0M

YOY

Funding

$2.9M

How MedStack hit $1.0M in Revenue with 70 Customers in 2020.

About MedStack

Digital health HIPAA compliance automation

Monthly Revenue

$83.3K

$27.3K (0.00%)
Total Expenses

$183.3K

=
Net Income

-$100.0K

Ebidta Margin

-120.00%

+
YOY Growth

=
Rule of 40

-120


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing MedStack CEO Balaji Gopalan on 11/20/2020

Watch the podcast


Headquarters

14 Sevenoaks Avenue TorontoOntarioCanada
$Funding$Revenue

MedStack Revenue

In 2020, MedStack revenue run rate hit $1.0M in revenue.

40.00%▲27.00%▲49.00%▲$378.0K$528.9K$672.0K$1.0M

MedStack Valuation and Funding History

MedStack has raised a total of $2.9M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
02/26/2019Seed Round$2.4M
05/08/2017Angel Round$450.0K

Customers

MedStack has 70 customers.

Lifetime Months

×
Monthly ARPU

$800.0

=
Lifetime Dollars


Acquisition Cost

$2.0K

Average Annual Price

$9.6K

$0$9.6K3 month payback period024681012

Churn

MedStack has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

100.00%

Team

Employees

MedStack has 18 employees. They have 4 sales reps that carry a quota, an engineering team of 3 and a marketing team of 2.

201820192020157.00%▲-61.00%▼
DistributionQty

Total Team Size

18

Engineers

3 (17%)

Sales

4 (22%)

Marketing

2 (11%)

CEO/Founder

Balaji Gopalan

MedStack's CEO Balaji is an educator and thought leader in platform and software product strategy, is passionately driven by the role of technology in addressing societal problems. MedStack supports many digital health companies in protecting patient, and has been awarded accolades by the Canadian Advanced Technology Alliance and Techcrunch.


CEO Q&A

What's your age?

47

Favorite online tool?

Slack

Favorite book?

Hard Thing About Hard Things

Favorite CEO?

Toby Shopify CEO

Advice for 20 year old self

Important to question


Is this your company? Add our badge to your website:

Frequently Asked Questions about MedStack

When was MedStack founded?

MedStack was founded in 2014.


Who is the CEO of MedStack?

The CEO of MedStack is Balaji Gopalan


How many employees does MedStack have?

MedStack has 18 employees.

How much revenue does MedStack generate?

MedStack generates $1.0M in revenue.


How much funding does MedStack have?

MedStack has raised $2.9M.


Where is MedStack headquarters?

MedStack is headquartered at 14 Sevenoaks Avenue TorontoOntarioCanada

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