MedStack

MedStack

medstack.com·Canada·Updated Nov 25, 2021

MedStack is a secure cloud hosting platform that helps digital health app developers achieve HIPAA compliance and security for their applications.

SaaSHealthDeveloper Tools

Est. Valuation

$9M

$9,000,000 · 5× ARR estimate

Monthly Revenue (MRR)

$150K

$150,000/mo

Annual Revenue (ARR)

$1.8M

$1,800,000/yr

Employees

15

Founded

2015

MedStack Revenue History

Revenue history for MedStack from 2018 to 2026.

YearMRRARRYoY GrowthSource
2018$31,000$0Sep 2018
2021$150,000$2,000,000+∞%Nov 2021

How MedStack Makes Money

subscriptions

MedStack Funding

MedStack is fully bootstrapped with no outside funding. The company has grown to $1,800,000 ARR organically.

MedStack Founders

Simon Woodside

Co-founder & CTO

Paul Balaji

Co-founder & CEO

MedStack FAQ

How much does MedStack make?
MedStack generates $150,000 in monthly recurring revenue (MRR), which is $1,800,000 annualized (ARR). This revenue figure is self-reported by the founder.
What is MedStack's valuation?
MedStack's estimated valuation is $9,000,000, calculated as a 5× multiple of its annual recurring revenue (a standard SaaS benchmark for unverified companies).
Who founded MedStack?
MedStack was founded in 2015 by Simon Woodside (Co-founder & CTO), Paul Balaji (Co-founder & CEO). The company is based in CA.
Is MedStack bootstrapped?
Yes, MedStack is fully bootstrapped with no outside funding. The company has grown to $1,800,000 ARR organically.
What does MedStack do?
MedStack is a secure cloud hosting platform that helps digital health app developers achieve HIPAA compliance and security for their applications. MedStack operates in the SaaS, Health, Developer Tools space.

Companies Similar to MedStack

SaaS companies with similar tags and business models.

How We Estimate MedStack's Revenue & Valuation

Profitable tracks revenue, valuation, and other key metrics for thousands of companies using a layered confidence model. Each revenue figure on this page is tagged with one of three confidence levels:

  • Verified — directly confirmed via Stripe integration or audited filings.
  • Self-reported — numbers publicly shared by the founder on X, blog posts, or interviews.
  • Estimated — derived from publicly available signals (traffic, employee count, pricing, comparables).

Valuation follows a hierarchy: public companies use the live market cap; private companies with disclosed funding rounds use the last reported valuation; otherwise we apply a conservative 5× ARR multiple as an estimate. Multiples vary by business model — SaaS typically sits 5–7×, profitable bootstrapped operations 3–5×, consumer brands 1–3×, marketplaces 8–12×.

These are estimates, not official figures. Official numbers — when available — will always override estimates.