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2024 Revenue

$2.9M(Est.)

Customers

1.1K

Funding

$0

Avg ACV

$2.6K

Team

42

Founded

1996

Medstrat Revenue (2024)

Medstrat generated an estimated $2.9M in annual revenue in 2024. Source: GetLatka estimate

Our mission is improving the efficiency and quality of orthopedic care through specialized software as a service.

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Medstrat Revenue

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 Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$750K$1.5M$2.3M$3M$3.8M199619982000200220042006200820102012201420162018202020222024$0$1.1M$2.9MSource: GetLatka.com
YearMilestoneSource
2024Medstrat Hit $2.9m revenue in October 2024Estimated
2023Medstrat Hit $1.3m revenue in October 2023Estimated
2021Medstrat Hit $1.1m revenue in April 2021Not recorded
1996Launched with $0 revenue

Medstrat Valuation, Funding Rounds

Explore the complete funding history and valuation milestones for this company. Below you will find information about each funding round and key financial metrics that shaped the company's growth trajectory.

Medstrat Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$11996Source: GetLatka.com
YearRoundAmountValuation% SoldSource

Founder / CEO

Michael Cowden

CEO

Michael Cowden is the CEO at Medstrat

Customers

Medstrat serves 1.1K customers.

Medstrat Employees & Team Size

Medstrat employs approximately 42 people as of 2026. It serves 1.1K customers that rely on its solutions.

Medstrat Team GrowthReported headcount over time01020304050199619982000200220042006200820102012201420162018202020222024004242Source: GetLatka.com
YearMilestoneSource
2024Reached 42 employees (October 2024)Not recorded
2023Reached 42 employees (October 2023)Not recorded
2022Reached 45 employees (October 2022)Not recorded
2021Reached 42 employees (December 2021)Not recorded
2021Reached 41 employees (April 2021)Not recorded

Frequently Asked Questions about Medstrat

What is Medstrat's revenue?

As of 2024, Medstrat generated an estimated $2.9M in annual revenue.

Who founded Medstrat?

Medstrat was founded by Michael Cowden.

Who is the CEO of Medstrat?

The CEO of Medstrat is Michael Cowden.

How many employees does Medstrat have?

As of 2024, Medstrat had 42 employees.

Where is Medstrat headquartered?

Medstrat is headquartered in Downers Grove, Illinois, United States.

Compare Medstrat to the industry

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