2024 Revenue
$5M
Funding
$0
Team
7
Founded
1985
VedaMed Revenue (2024)
Provider of a medical billing and coding platform to healthcare providers and hospitals. The company offers cloud electronic medical records, claim processing, revenue cycle, document and practice management software.
Last updated
VedaMed Revenue
In 2024, VedaMed's revenue reached $5M. The company previously reported $726.3K in 2024. Since its launch in 1985, VedaMed has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | VedaMed Hit $5m revenue in November 2024 | |
| 2024 | VedaMed Hit $726.3k revenue in October 2024 | Estimated |
| 2023 | VedaMed Hit $513.9k revenue in December 2023 | Estimated |
| 2021 | VedaMed Hit $428.3k revenue in April 2021 | |
| 1985 | Launched with $0 revenue |
VedaMed Valuation, Funding Rounds
VedaMed is a bootstrapped Medical Billing Software startup. Founded in 1985, VedaMed has grown to $5M in revenue without raising any venture capital or outside funding.
As a self-funded Medical Billing Software SaaS company, VedaMed has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for VedaMed yet.
VedaMed Employees & Team Size
VedaMed employs approximately 7 people as of 2026, up from 6 in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 7 employees (October 2024) | |
| 2023 | Reached 6 employees (December 2023) | |
| 2022 | Reached 6 employees (December 2022) | |
| 2021 | Reached 6 employees (December 2021) | |
| 2021 | Reached 7 employees (April 2021) |
Frequently Asked Questions about VedaMed
What is VedaMed's revenue?
VedaMed generates $5M in revenue.
Who founded VedaMed?
VedaMed was founded by Douglas Davis.
Who is the CEO of VedaMed?
The CEO of VedaMed is Douglas Davis.
How much funding does VedaMed have?
VedaMed is bootstrapped and has not raised outside funding.
How many employees does VedaMed have?
VedaMed has 7 employees.
Where is VedaMed headquarters?
VedaMed is headquartered in Denver, Colorado, United States.
Compare VedaMed to the industry
VedaMed operates across multiple industries. Browse revenue, funding, and growth data for VedaMed 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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