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Rycan Technologies

Marshall, Minnesota, United States

Valuation

$3M

2021 Revenue

$1M

Customers

250

Funding

$0

Avg ACV

$4K

Team

13

Founded

1980

How Rycan Technologies CEO Ryan Ellefson grew to $1M revenue and 250 customers in 2021.

Provider of comprehensive information systems to community hospitals and health care systems nationwide. The company provides information systems for various application suites, including financial management, patient management, health information management, clinical information management, physician practice, long term care, and home health care. It also offers implementation, professional, training, and support services.

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Rycan Technologies Revenue

In 2021, Rycan Technologies's revenue reached $1M. Since its launch in 1980, Rycan Technologies has shown consistent revenue growth.

Rycan Technologies Revenue GrowthReported revenue / ARR over time$0$250K$500K$750K$1M$1.3M1980198219841986198819901992199419961998200020022004200620082010201220142016201820202021$0$1MSource: GetLatka.com
YearMilestoneQuote
2021Rycan Technologies Hit $1m revenue in April 2021
1980Launched with $0 revenue

Rycan Technologies Valuation, Funding Rounds

Rycan Technologies's most recent disclosed valuation is $3M.

Rycan Technologies 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$11980Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Ryan Ellefson

CEO

Ryan Ellefson is listed as CEO at Rycan Technologies.

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Customers

Rycan Technologies serves 250 customers.

Rycan Technologies Employees & Team Size

Rycan Technologies employs approximately 13 people as of 2026. It serves 250 customers that rely on its solutions.

Rycan Technologies Team GrowthReported headcount over time036912151980198219841986198819901992199419961998200020022004200620082010201220142016201820202021001313Source: GetLatka.com
YearMilestone
2021Reached 13 employees (April 2021)

Frequently Asked Questions about Rycan Technologies

What is Rycan Technologies's revenue?

Rycan Technologies generates $1M in revenue.

Who founded Rycan Technologies?

Rycan Technologies was founded by Ryan Ellefson.

Who is the CEO of Rycan Technologies?

The CEO of Rycan Technologies is Ryan Ellefson.

How much funding does Rycan Technologies have?

Rycan Technologies raised $0.

How many employees does Rycan Technologies have?

Rycan Technologies has 13 employees.

Where is Rycan Technologies headquarters?

Rycan Technologies is headquartered in Marshall, Minnesota, United States.

Compare Rycan Technologies to the industry

Rycan Technologies operates across multiple industries. Browse revenue, funding, and growth data for Rycan Technologies 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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Rycan Technologies Revenue 2021: $1M ARR, $3M Valuation