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Marshall, Minnesota, United States
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.
Last updated
In 2021, Rycan Technologies's revenue reached $1M. Since its launch in 1980, Rycan Technologies has shown consistent revenue growth.
Rycan Technologies reached a $3M valuation in 2025, set during its M&A Offer round.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $3M | - |
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
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| Advice for 20 year old self | - |
Rycan Technologies serves 250 customers.
Rycan Technologies employs approximately 13 people as of 2026. It serves 250 customers that rely on its solutions.
Rycan Technologies generates $1M in revenue.
Rycan Technologies was founded by Ryan Ellefson.
The CEO of Rycan Technologies is Ryan Ellefson.
Rycan Technologies raised $0.
Rycan Technologies has 13 employees.
Rycan Technologies is headquartered in Marshall, Minnesota, United States.
Rycan Technologies operates across multiple industries. Browse revenue, funding, and growth data for Rycan Technologies 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.
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Valuation
$3M
2021 Revenue
$1M
Customers
250
Funding
$0
Avg ACV
$4K
Team
13
Founded
1980
| Year | Milestone | Source |
|---|---|---|
| 2021 | Rycan Technologies Hit $1m revenue in April 2021 | |
| 1980 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 13 employees (April 2021) |
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