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SaaS Interviews with CEOs, Startups, Founders
This Software for Doctors hit $51m revenue last year (100% growth). $5m profit.
Mar 19, 2024
Reveeler's impressive growth to $51 million revenue, $5 million profit, plans to hit $100 million in 2024. Topics include funding strategy, acquisitions, healthcare data analytics, financial performance, debt financing, AI integration, and CEO strategies in the healthcare tech sector.
28:00
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Quick takeaways
- Reveeler doubled revenue to $51m by targeting insurance businesses and utilizing AI for chronic health issues.
- Strategic acquisitions, efficient funding, and operational integration have propelled Reveeler's revenue growth to $51m.
Deep dives
Reva Leer's Growth Trajectory and Revenue Breakdown
Reva Leer, founded in 2013, targets insurance businesses, doctors, and frontline workers to focus on chronic health issues by utilizing machine learning and AI using health record data. The company doubled revenue from 25 million to 51 million, with a 10% EBITDA margin and aims to reach 100 million this year. Funding efficiently, a lucrative deal with Hercules was struck, hinting at potential acquisitions for further growth and expansion, evidenced by a notable increase in ACV over the past three years.
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