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2024 Revenue

$2.9M

Funding

$2.8M

YOY

48.7%

Team

19

Founded

2012

How The Rounds CEO Tim Rice grew The Rounds to $2.9M revenue with a 19 person team in 2024.

Developer of an online communication and information sharing platform designed for physicians. The company's platform connects physicians to the information and experts they need to perform procedures and improve patient outcomes, enabling users to collaborate with ease and connect in real-time with colleagues as well as find information and other content, including peer-reviewed journals that they need for practice.

Last updated

The Rounds Revenue

In 2024, The Rounds's revenue reached $2.9M. The company previously reported $1.9M in 2023. Since its launch in 2012, The Rounds has shown consistent revenue growth.

The Rounds Revenue GrowthReported revenue / ARR by year$0$750K$2M$2M$3M$4M2012201420162018202020222024$0$2M$2M$3MSource: GetLatka.com
YearMilestoneQuote
2024The Rounds Hit $2.9m revenue in October 2024
2023The Rounds Hit $1.9m revenue in December 2023
2021The Rounds Hit $2.1m revenue in April 2021
2012Launched with $0 revenue

The Rounds Valuation, Funding Rounds

The Rounds has not publicly disclosed its valuation. The company has raised $2.8M in total funding to date.

The Rounds has raised $2.8M in total funding across 3 rounds, with its most recent round in 2016.

The Rounds Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$600K$1M$2M$2M$3M201220132014201520162012 cumulative: $0 • 2012 Founded: $02014 cumulative: $825K • 2012 Founded: $0 • 2014 Funding round: $825K2014 cumulative: $1M • 2012 Founded: $0 • 2014 Funding round: $825K • 2014 Funding round: $565K2016 cumulative: $3M • 2012 Founded: $0 • 2014 Funding round: $825K • 2014 Funding round: $565K • 2016 Funding round: $1M$3M2012 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2016Funding round$1.4M--
2014Funding round$565K--
2014Funding round$824.7K--

Founder / CEO

Tim Rice

Tim Rice, CEO of The Rounds is a recognized leader in the Life Sciences sector and devotes his time to influencing how physicians consume and share crucial information. Tim leads a passionate team driven by the mantra that sharing knowledge saves lives. Through his role, Tim is focused on establishing a sustainable and scalable business model for the organization, helping the company grow rapidly while positively impacting the community. With over 20 years’ experience in the healthcare industry, Tim has developed premium skills in sales, medical education, marketing, and leadership roles. Tim Rice is known to his colleagues and partners as a confident, personable, and dynamic individual who is centered around building strong relationships.

Q&A

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Customers

We do not have customer count information for The Rounds yet.

The Rounds Employees & Team Size

The Rounds employs approximately 19 people as of 2026, down from 23 in 2023, including 14 sales reps that carry a quota.

The Rounds Team GrowthReported headcount over time08152330382012201420162018202020222024001919Source: GetLatka.com
YearMilestone
2024Reached 19 employees (October 2024)
2023Reached 23 employees (December 2023)
2022Reached 30 employees (December 2022)
2021Reached 30 employees (December 2021)
2021Reached 34 employees (April 2021)

Frequently Asked Questions about The Rounds

What is The Rounds's revenue?

The Rounds generates $2.9M in revenue.

Who founded The Rounds?

The Rounds was founded by Tim Rice.

Who is the CEO of The Rounds?

The CEO of The Rounds is Tim Rice.

How much funding does The Rounds have?

The Rounds raised $2.8M.

How many employees does The Rounds have?

The Rounds has 19 employees.

Where is The Rounds headquarters?

The Rounds is headquartered in Halifax, Nova Scotia, Canada.

Compare The Rounds to the industry

The Rounds operates across multiple industries. Browse revenue, funding, and growth data for The Rounds 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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The Rounds Revenue 2024: $2.9M ARR, $2.8M Raised