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How Rycan Technologies CEO Ryan Ellefson grew Rycan Technologies 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 by year$0$250K$500K$750K$1M$1M1980198219841986198819901992199419961998200020022004200620082010201220142016201820202021$0$1MSource: GetLatka.com
YearMilestone
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 is a bootstrapped Health Care Software startup. Founded in 1980, Rycan Technologies has grown to $1M in revenue without raising any venture capital or outside funding.

As a self-funded Health Care Software SaaS company, Rycan Technologies has built its business with no outside investment.

Rycan Technologies Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119801980 cumulative: $0 • 1980 Founded: $01980 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Rycan Technologies Employees & Team Size

Rycan Technologies employs approximately 13 people as of 2026.

Rycan Technologies has 13 total employees in different roles and functions. They have 250 customers that rely on the company's solutions.

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

Founder / CEO

Ryan Ellefson

Ryan Ellefson is listed as Founder / CEO at Rycan Technologies.

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Customers

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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.

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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.

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 .