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How Waystar Health CEO Matthew Hawkins grew Waystar Health to $5.6M revenue with a 67 person team in 2021.

Developer of medical claims management and patient payment software intended to reduce costs associated with managing insurance claims. The company's software integrates with management systems and automates account receivables processes, enabling the healthcare organizations to increase revenue, accelerate cash flow and reduce the effort of managing claims, patient billing and payments.

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Waystar Health Revenue

In 2021, Waystar Health's revenue reached $5.6M. Since its launch in 2000, Waystar Health has shown consistent revenue growth.

Waystar Health Revenue GrowthReported revenue / ARR by year$0$1M$3M$4M$5M$6M200020022004200620082010201220142016201820202021$0$6MSource: GetLatka.com
YearMilestone
2021Waystar Health Hit $5.6m revenue in April 2021
2000Launched with $0 revenue

Waystar Health Valuation, Funding Rounds

Waystar Health's most recent disclosed valuation is $16.9M.

Waystar Health is a bootstrapped Healthcare Claims Management Software startup. Founded in 2000, Waystar Health has grown to $5.6M in revenue without raising any venture capital or outside funding.

As a self-funded Healthcare Claims Management Software SaaS company, Waystar Health has built its business with no outside investment.

Waystar Health Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120002000 cumulative: $0 • 2000 Founded: $02000 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Waystar Health Employees & Team Size

Waystar Health employs approximately 67 people as of 2026.

Waystar Health has 67 total employees in different roles and functions and 1 sales reps that carry a quota.

Waystar Health Team GrowthReported headcount over time01530456075200020022004200620082010201220142016201820202021006767Source: GetLatka.com
YearMilestone
2021Reached 67 employees (April 2021)

Founder / CEO

Matthew Hawkins

Before joining Waystar as CEO and board member in 2017, Matt was president of Sunquest Information Systems, leading its transformation into a global leader in laboratory diagnostic informatics. Sunquest’s transformation included architecting several acquisitions to enhance its ability to serve its clients. During his tenure, Frost & Sullivan recognized Sunquest as 2017 Diagnostic IT Company of the Year and Black Book Research’s rated Sunquest #1 among diagnostic lab solutions. Previously, Matt was with Vista Equity Partners, serving as president and board member of Greenway Health, CEO and board member of Vitera Healthcare Solutions, CEO and board member of SirsiDynix. From 2004 to 2007, Matt was vice president and general manager of Henry Schein Practice Solutions. Earlier in his career, he was a management consultant for McKinsey & Company.

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Customers

We do not have customer count information for Waystar Health yet.

Frequently Asked Questions about Waystar Health

What is Waystar Health's revenue?

Waystar Health generates $5.6M in revenue.

Who founded Waystar Health?

Waystar Health was founded by Matthew Hawkins.

Who is the CEO of Waystar Health?

The CEO of Waystar Health is Matthew Hawkins.

How much funding does Waystar Health have?

Waystar Health raised $0.

How many employees does Waystar Health have?

Waystar Health has 67 employees.

Where is Waystar Health headquarters?

Waystar Health is headquartered in Louisville, Kentucky, United States.

Compare Waystar Health to the industry

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

Waystar Health Revenue 2021: $5.6M ARR, $16.9M Valuation