Each Tuesday, we reverse-engineer a real SaaS company's revenue, profit, CAC, funnels, and its top growth tactic.
Sign up to access all features
Sign up with GoogleSign up with LinkedInAlready have an account? Log in
GetLatka is trusted by 200k+ founders, researchers, and marketers.
No contracts, cancel at any time
Our mission is improving the efficiency and quality of orthopedic care through specialized software as a service.
Last updated
In 2024, Medstrat's revenue reached $2.9M. The company previously reported $1.3M in 2023. Since its launch in 1996, Medstrat has shown consistent revenue growth.
Medstrat is a bootstrapped Health Care Software startup. Founded in 1996, Medstrat has grown to $2.9M in revenue without raising any venture capital or outside funding.
As a self-funded Health Care Software SaaS company, Medstrat has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Medstrat serves 1.1K customers.
Medstrat employs approximately 42 people as of 2026. It serves 1.1K customers that rely on its solutions.
Medstrat generates an estimated $2.9M in annual revenue.
Medstrat was founded by Michael Cowden.
The CEO of Medstrat is Michael Cowden.
Medstrat is bootstrapped and has not raised outside funding.
Medstrat has 42 employees.
Medstrat is headquartered in Downers Grove, Illinois, United States.
Medstrat operates across multiple industries. Browse revenue, funding, and growth data for Medstrat 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.
Claim this profile
Networkable Operating System (ERP) for Manufacturing
B2B SaaS powered by AI that makes crop predictions (best harvesting time, plant diseases...)...
Enterprise-grade banking APIs
Developer of remote sensing technologies designed to reduce maintenance costs without compromising...
2024 Revenue
$2.9M(Est.)
Customers
1.1K
Funding
$0
Avg ACV
$2.6K
Team
42
Founded
1996
| Year | Milestone | Source |
|---|---|---|
| 2024 | Medstrat Hit $2.9m revenue in October 2024 | Estimated |
| 2023 | Medstrat Hit $1.3m revenue in October 2023 | Estimated |
| 2021 | Medstrat Hit $1.1m revenue in April 2021 | |
| 1996 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 42 employees (October 2024) | |
| 2023 | Reached 42 employees (October 2023) | |
| 2022 | Reached 45 employees (October 2022) | |
| 2021 | Reached 42 employees (December 2021) | |
| 2021 | Reached 41 employees (April 2021) |
If you're the CEO and would like to join the podcast, please DM Nathan Latka on LinkedIn.
