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How Softheon CEO Eugene Sayan grew Softheon to $42.9M revenue and 80 customers in 2024.

Provider of health insurance exchange and integration services intended to help clients improve their competitiveness and regulatory compliance. The company's services include health insurance exchange integration, direct enrollment, premium billing, edge server services and Software-as-a-Service (SaaS) and it provides pharmacy prior-authorization, claims pre and post-adjudication, billing management system, and mailroom correspondence management services, enabling clients to track, monitor and report business activities for over 15 years.

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Softheon Revenue

In 2024, Softheon's revenue reached $42.9M. The company previously reported $20M in 2024. Since its launch in 2000, Softheon has shown consistent revenue growth.

Softheon Revenue GrowthReported revenue / ARR by year$0$10M$20M$30M$40M$50M2000200220042006200820102012201420162018202020222024$0$16M$43MSource: GetLatka.com
YearMilestone
2024Softheon Hit $42.9m revenue in November 2024Source
2024Softheon Hit $20m revenue in October 2024
2023Softheon Hit $15.8m revenue in December 2023
2021Softheon Hit $16.2m revenue in April 2021
2000Launched with $0 revenue

Softheon Valuation, Funding Rounds

Softheon has not publicly disclosed its valuation. The company has raised $200K in total funding to date.

Softheon has raised $200K in total funding across 1 round, with its most recent round in 2009.

Softheon Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$50K$100K$150K$200K$250K2000200220042006200820092000 cumulative: $0 • 2000 Founded: $02009 cumulative: $200K • 2000 Founded: $0 • 2009 Funding round: $200K$200K2000 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2009Funding round$200K--

Softheon Employees & Team Size

Softheon employs approximately 256 people as of 2026, up from 238 in 2023.

Softheon has 256 total employees in different roles and functions and 7 sales reps that carry a quota. They have 80 customers that rely on the company's solutions.

Softheon Team GrowthReported headcount over time075150225300375200020022004200620082010201220142016201820202022202400256256Source: GetLatka.com
YearMilestone
2024Reached 256 employees (December 2024)
2024Reached 238 employees (October 2024)
2023Reached 238 employees (December 2023)
2023Reached 238 employees (September 2023)
2023Reached 229 employees (January 2023)
2022Reached 225 employees (December 2022)
2022Reached 240 employees (January 2022)
2021Reached 293 employees (December 2021)
2021Reached 278 employees (August 2021)
2021Reached 193 employees (April 2021)

Founder / CEO

Eugene Sayan

Eugene Sayan is listed as Founder / CEO at Softheon.

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Frequently Asked Questions about Softheon

What is Softheon's revenue?

Softheon generates $42.9M in revenue.

Who founded Softheon?

Softheon was founded by Eugene Sayan.

Who is the CEO of Softheon?

The CEO of Softheon is Eugene Sayan.

How much funding does Softheon have?

Softheon raised $200K.

How many employees does Softheon have?

Softheon has 256 employees.

Where is Softheon headquarters?

Softheon is headquartered in Stony Brook, New York, United States.

Compare Softheon to the industry

Softheon operates across multiple industries. Browse revenue, funding, and growth data for Softheon 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 .

Softheon Revenue 2024: $42.9M ARR, $200K Raised