2024 Revenue
$3M
Funding
$0
YOY
61%
Team
26
Founded
2012
How Relaymed CEO Neil Farish grew to $3M revenue with a 26 person team in 2024.
Developer of a healthcare software. The company develops a software that connects point-of-care devices in the physician practice with the electronic health record.
Last updated
Relaymed Revenue
In 2024, Relaymed's revenue reached $3M. The company previously reported $1.8M in 2023. Since its launch in 2012, Relaymed has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Relaymed Hit $3m revenue in October 2024 | |
| 2023 | Relaymed Hit $1.8m revenue in December 2023 | |
| 2021 | Relaymed Hit $1.2m revenue in April 2021 | |
| 2012 | Launched with $0 revenue |
Relaymed Valuation, Funding Rounds
Relaymed is a bootstrapped Health Care Software startup. Founded in 2012, Relaymed has grown to $3M in revenue without raising any venture capital or outside funding.
As a self-funded Health Care Software SaaS company, Relaymed has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Neil Farish
CEO
My passion is the startup journey from an idea that solves a real world problem to a company with high potential to scale. I love to build people, teams and companies around new products that are focused on customer needs.
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 Relaymed yet.
Relaymed Employees & Team Size
Relaymed employs approximately 26 people as of 2026, including 4 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 26 employees (October 2024) |
| 2023 | Reached 26 employees (December 2023) |
| 2022 | Reached 23 employees (December 2022) |
| 2021 | Reached 20 employees (December 2021) |
| 2021 | Reached 14 employees (April 2021) |
Frequently Asked Questions about Relaymed
What is Relaymed's revenue?
Relaymed generates an estimated $3M in annual revenue.
Who founded Relaymed?
Relaymed was founded by Neil Farish.
Who is the CEO of Relaymed?
The CEO of Relaymed is Neil Farish.
How much funding does Relaymed have?
Relaymed is bootstrapped and has not raised outside funding.
How many employees does Relaymed have?
Relaymed has 26 employees.
Where is Relaymed headquarters?
Relaymed is headquartered in Edinburgh, Scotland, United Kingdom.
Compare Relaymed to the industry
Relaymed operates across multiple industries. Browse revenue, funding, and growth data for Relaymed 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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