TPA Stream
2024 Revenue
$3M
Funding
$0
YOY
41%
Team
25
Founded
2014
How TPA Stream CEO Jacob Sheridan grew TPA Stream to $3M revenue with a 25 person team in 2024.
Developer of a cloud based middleware software platform designed to make health benefits easier for employees and administrators. The company's web-based software automates claims collections for insurance industry third-party administrators and helps TPAs streamline their process and increase efficiency while eliminating the need for individuals to send paperwork to claims administrators, enabling third party administrators to save time managing claims and reduce the burden on participants and their employers.
Last updated
TPA Stream Revenue
In 2024, TPA Stream's revenue reached $3M. The company previously reported $2.1M in 2023. Since its launch in 2014, TPA Stream has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | TPA Stream Hit $3m revenue in October 2024 | |
| 2023 | TPA Stream Hit $2.1m revenue in December 2023 | |
| 2021 | TPA Stream Hit $1.4m revenue in April 2021 | |
| 2014 | Launched with $0 revenue |
TPA Stream Valuation, Funding Rounds
TPA Stream is a bootstrapped Benefits Administration Software startup. Founded in 2014, TPA Stream has grown to $3M in revenue without raising any venture capital or outside funding.
As a self-funded Benefits Administration Software SaaS company, TPA Stream has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
TPA Stream Employees & Team Size
TPA Stream employs approximately 25 people as of 2026, down from 26 in 2023.
TPA Stream has 25 total employees in different roles and functions and 2 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 25 employees (October 2024) |
| 2023 | Reached 26 employees (December 2023) |
| 2022 | Reached 28 employees (December 2022) |
| 2021 | Reached 21 employees (December 2021) |
| 2021 | Reached 17 employees (April 2021) |
Founder / CEO
Jacob Sheridan
Jacob is the co-founder and CEO of TPA Stream, a insurtech software company based in Cleveland, OH. In this role Jacob oversees company growth and investment, helps lead product development and works directly with customers to help save them time and eliminate manual workloads. Jacob brings over a decade of experience to TPA Stream, leveraging deep experience in technology to help individuals, employers, brokers and third party administrators streamline and simplify healthcare administration challenges. Prior to his role at TPA Stream, Jacob founded Lake Erie Partners, a consortium dedicated to providing resources to young professionals and companies in the Lake Erie region. He also served as channel sales manager at OnShift and president of Calverton Consulting. Jacob received his bachelor of arts in international business from Rollins College. Featured The Easiest Way for Users to Connect Their Health Insurance to an App Activity 2,324 followers View Benjamin Light’s profile Congrats, Ben! Very exciting. Hope all is well Jacob commented Congrats, Brittany!!! Jacob commented View Inci Kaya’s profile Could not agree more Inci Kaya! We are seeing so many administrators leverage our Employer Invoicing software to do just that. It’s incredible how much time is saved and how digital payments help improve cash flow!! Jacob commented See all activity See all activity Experience TPA Stream Co-founder and CEO Company NameTPA Stream Dates Employed2014 – Present Employment Duration7 yrs LocationCleveland/Akron, Ohio Area TPA Stream is an insurtech software company based in Cleveland, OH. We work with health insurance brokers and third party administrators to help them win business and streamline operations. Our solutions include claims harvesting, employer invoicing, and claims & enrollment integrations. For more information, please visit www.TPAStream.com. OnShift Company NameOnShift Total Duration4 yrs 2 mos TitleChannel Sales Manager Dates EmployedMay 2014 – Aug 2016 Employment Duration2 yrs 4 mos As the Channel Sales Manager, I was responsible for managing the revenue generation component of our strategic, product and referral partnerships. I also assisted our Partner Development Manager establish new partnerships with growing and innovative companies in the post-acute healthcare market. TitleTerritory Development Manager Dates EmployedJul 2012 – May 2014 Employment Duration1 yr 11 mos Lake Erie Partners Founder Company NameLake Erie Partners Dates Employed2014 – 2016 Employment Duration2 yrs LocationCleveland/Akron, Ohio Area Lake Erie Partners enables emerging leaders to achieve their professional and financial goals. Achievement requires members to be hands on and active with projects in real estate, consulting and early stage start-ups. The outcome will provide each member with the skills, experience and capital to exponentially increase their financial success for years to come. For more information, please visit www.LakeEriePartners.com … see more Calverton Consulting President Company NameCalverton Consulting Dates Employed2011 – 2012 Employment Duration1 yr LocationCleveland/Akron, Ohio Area Calverton Consulting is an energy, internet and phone service company that works with small and medium sized businesses in Northeast Ohio. Allegro Realty Advisors Associate Company NameAllegro Realty Advisors Dates Employed2010 – 2011 Employment Duration1 yr LocationCleveland/Akron, Ohio Area As an Associate, I provided real estate consulting services to commercial real estate clients. In addition, I managed a portfolio for a Fortune 1000 client, provided M&A valuations, in-depth property research, transaction advisory services, and strategic guidance on dispositions. Also provided strategic advisory services to a large national retailer specializing in gourmet-food and gifts and assisted them with national site selection. Lastly, worked with numerous large public sector clients on development consulting projects. … see more Education Rollins College Rollins College Degree NameBachelor of ArtsField Of StudyInternational Business Dates attended or expected graduation2006 – 2010 Activities and Societies: NYMEX / CME Group Trading Competition, Outward Bound - International Semester - Andes to the Appalachians University School University School Degree NameDiploma Dates attended or expected graduation2002 – 2006 Activities and Societies: Business Manager of School Newspaper People also viewed Stephen Fuhry Stephen Fuhry out of network 3rd+ Co-founder & CTO at TPA Stream Connect Eric Sukalac Eric Sukalac out of network 3rd+ Co-Founder and Chief Operating Officer at TPA Stream Connect Clay Rankin Clay Rankin out of network 3rd+ Managing Director and Founder, North Coast Ventures Connect Patrick Manfroni Patrick Manfroni out of network 3rd+
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
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| Advice for 20 year old self | - |
Customers
We do not have customer count information for TPA Stream yet.
Frequently Asked Questions about TPA Stream
What is TPA Stream's revenue?
TPA Stream generates $3M in revenue.
Who founded TPA Stream?
TPA Stream was founded by Jacob Sheridan.
Who is the CEO of TPA Stream?
The CEO of TPA Stream is Jacob Sheridan.
How much funding does TPA Stream have?
TPA Stream raised $0.
How many employees does TPA Stream have?
TPA Stream has 25 employees.
Where is TPA Stream headquarters?
TPA Stream is headquartered in Cleveland, Ohio, United States.
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Compare TPA Stream to the industry
TPA Stream operates across multiple industries. Browse revenue, funding, and growth data for TPA Stream 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 .