Waystar

Combination of navicure and zirmed, the two top-rated providers of revenue cycle technologies. Learn more

Launch date

2000

Employees

501-1000 people

Market cap

Enterprise valuation

CAD7.9b (Public information from Sep 2024)

Louisville Kentucky (HQ)

http://waystar.com

https://twitter.com/waystar https://www.facebook.com/waystarrct https://www.linkedin.com/company/waystar

Revenues, earnings & profits over time

USD	2021	2022	2023	2024	2025
Revenues	579m	705m	791m	912m	995m
% growth	-	22 %	12 %	15 %	9 %
EBITDA	236m	273m	319m	-	-
% EBITDA margin	41 %	39 %	40 %	-	-
Profit	(47.1m)	(51.5m)	(51.3m)	-	-
% profit margin	(8 %)	(7 %)	(6 %)	-	-
R&D budget	28.3m	32.8m	35.3m	-	-
R&D % of revenue	5 %	5 %	4 %	-	-

Date	Investors	Amount	Round
-	EQT Group Bain Capital Bain Capital Private Equity Sequoia Capital	N/A	-
Jun 2024*	N/A	$968m	IPO
Total Funding		-

Waystar provides market-leading technology that simplifies and unifies healthcare payments. Our cloud-based platform streamlines workflows and improves financials for healthcare providers of all kinds, and brings more transparency to the patient financial experience. The Waystar platform is used by more than 450k providers, 750 health systems and hospitals, and 5k health plansâ€”and integrates with all major HIS and practice management systems.

Tech stackLearn more about the technologies and tools that this company uses.