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How Provation grew Provation to $35M revenue with a 318 person team in 2025.

Provation is revolutionizing the way clinicians and care teams around the world work together to deliver quality healthcare for all. From pre-procedure patient intake to post-procedure follow-up, and everything in between, Provation’s data-driven solutions are proven to improve clinical workflows, staff satisfaction, and the patient experience. As the leading provider of integrated procedure documentation and workflow automation solutions, Provation is trusted globally in more than 5,000 hospitals, ambulatory surgery centers (ASCs), anesthesia groups, and medical offices, including nearly all of the Best Hospitals in the United States. In 2021, Provation was acquired by Fortive Corporation, a Fortune 1000 company that builds essential technology and accelerates transformation in high-impact fields like workplace safety, engineering, and healthcare. For information on career opportunities, please visit https://careers.fortive.com/provation/

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Provation Revenue

In 2025, Provation's revenue reached $35M. Since its launch in 1994, Provation has shown consistent revenue growth.

Provation Revenue GrowthReported revenue / ARR by year$0$8M$15M$23M$30M$38M19941996199820002002200420062008201020122014201620182020202220242025$0$35MSource: GetLatka.com
YearMilestone
2025Provation Hit $35m revenue in December 2025
1994Launched with $0 revenue

Provation Valuation, Funding Rounds

Provation's most recent disclosed valuation is $104.9M.

Provation is a bootstrapped Utilization Management Software startup. Founded in 1994, Provation has grown to $35M in revenue without raising any venture capital or outside funding.

As a self-funded Utilization Management Software SaaS company, Provation has built its business with no outside investment.

Provation Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119941994 cumulative: $0 • 1994 Founded: $01994 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Provation Employees & Team Size

Provation employs approximately 318 people as of 2026.

Provation has 318 total employees in different roles and functions.

Provation Team GrowthReported headcount over time0751502253003751994199619982000200220042006200820102012201420162018202020222024202500318318Source: GetLatka.com
YearMilestone
2025Reached 318 employees (December 2025)

Customers

We do not have customer count information for Provation yet.

Frequently Asked Questions about Provation

What is Provation's revenue?

Provation generates $35M in revenue.

How much funding does Provation have?

Provation raised $0.

How many employees does Provation have?

Provation has 318 employees.

Where is Provation headquarters?

Provation is headquartered in Minneapolis, Minnesota, United States.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .