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How VedaMed CEO Douglas Davis grew VedaMed to $5M revenue with a 7 person team in 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.

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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.

VedaMed Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M198519871989199119931995199719992001200320052007200920112013201520172019202120232024$0$5MSource: GetLatka.com
YearMilestone
2024VedaMed Hit $5m revenue in November 2024
2024VedaMed Hit $726.3k revenue in October 2024
2023VedaMed Hit $513.9k revenue in December 2023
2021VedaMed Hit $428.3k revenue in April 2021
1985Launched with $0 revenue

VedaMed Valuation, Funding Rounds

VedaMed's most recent disclosed valuation is $2.2M.

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.

VedaMed Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$119851985 cumulative: $0 • 1985 Founded: $01985 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

VedaMed Employees & Team Size

VedaMed employs approximately 7 people as of 2026, up from 6 in 2023.

VedaMed has 7 total employees in different roles and functions.

VedaMed Team GrowthReported headcount over time0235681985198719891991199319951997199920012003200520072009201120132015201720192021202320240077Source: GetLatka.com
YearMilestone
2024Reached 7 employees (October 2024)
2023Reached 6 employees (December 2023)
2022Reached 6 employees (December 2022)
2021Reached 6 employees (December 2021)
2021Reached 7 employees (April 2021)

Founder / CEO

Douglas Davis

Douglas Davis is listed as Founder / CEO at VedaMed.

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Customers

We do not have customer count information for VedaMed yet.

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 raised $0.

How many employees does VedaMed have?

VedaMed has 7 employees.

Where is VedaMed headquarters?

VedaMed is headquartered in Denver, Colorado, United States.

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Compare VedaMed to the industry

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