When was Waystar founded?

Waystar was founded in 2000 and raised its 1st funding round 16 years after it was founded.

Where is Waystar located?

Waystar is headquartered in Duluth, United States. It is registered at Louisvile,Kentucky.

Who is the current CEO of Waystar?

Jim Denny and Matthew Hawkins s of Waystar. Jim Denny is also an angel investors in 1 startup.

How many employees does Waystar have?

As of Aug 31, 2026, the latest employee count at Waystar is 1808.

Is Waystar a funded company?

Waystar is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on Jun 15, 2016.

When was the latest funding round of Waystar?

Waystar's latest funding was a $***** PE round on Jun 15, 2016, with participation from 2 investors. Its primary sector is Healthcare IT. In United States, the Healthcare IT sector has seen $6.13B in funding in 2026 to date.

What is the annual revenue of Waystar?

Annual revenue of Waystar is more than $1B as on Dec 31, 2025

Where does Waystar rank among its competitors?

Waystar ranks 10th amongst 425 active competitors, of which 37 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Commure, which secured $70M in May, 2026.

Who are the top competitors of Waystar?

Waystar's top competitors include Infinx, R1 RCM and Medusind. Among them, Commure secured the most recent funding round in May, 2026.

Waystar - 2026 Company Profile, Team, Funding, Competitors & Financials

Waystar is a public company based in Duluth (United States), founded in 2000 by Jim Denny. It operates as an AI-powered healthcare revenue cycle management solutions for financial and operational success. Waystar has raised an undisclosed amount in funding. The company has 425 active competitors, including 37 funded and 49 that have exited. Its top competitors include companies like Infinx, R1 RCM and Medusind.

Company Details

AI-powered healthcare revenue cycle management solutions for financial and operational success. The company offers a smart platform delivering a better experience and powerful results. It provides solutions for financial clearance, revenue capture, claim management, payment management, and denial prevention and recovery. The platform leverages AI, generative AI, and advanced automation to drive meaningful outcomes for healthcare providers, helping them achieve peak financial performance and deliver confident patient care. The company's solutions include eligibility verification, patient estimation, charge integrity, claim monitoring, payer reimbursement, and analytics and reporting. The company's AI cloud software, AltitudeAI, automates work, prioritizes tasks, and eliminates errors across the end-to-end software platform. The company offers internship, mentorship, and apprenticeship programs. It is a SaaS and software company.

Website: www.waystar.com/
Social
Email ID: *****@waystar.com
Phone Number: +1 **********
Registered Address: Louisvile,Kentucky

Key Metrics

Founded Year

2000

Location

Duluth, United States

Stage

Public

Latest Funding Round

PE, Jun 15, 2016, $*****

Investors

Francisco Partners & 4 more

Ranked

10^th among 425 active competitors

Annual Revenue

$1B+ as on Dec 31, 2025

Employee Count

1,808 as on Aug 31, 2026

Investment & Acquisitions

Iodine Software & 8 more

Similar Companies

Infinx & 482 more

Exit Details

Public

View Waystar's full profile

Waystar is associated with 5 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Waystar Holding Corp. CIN: 1990354 , United States, Active		$1B+ (As on Dec 31, 2025)	-	-
Waystar Holding Corp. CIN: 1990354 , United States, Active		-	-	-
Waystar, Inc. CIN: 20181504435 , United States, Active	Jun 25, 2018	-	1458 (As on Dec 31, 20)	-
Waystar, Inc. CIN: 61-1358935 , United States, Active		-	1202 (As on Dec 31, 2021)	-
ZIRMED, INC. CIN: 611358935 , United States, Active	Dec 31, 1999	-	1509 (As on Dec 31, 2024)	-

Waystar got listed on Jun 07, 2024.

Click here to take a look at Waystar's IPO in detail

Waystar has raised funding over 1 round. Its latest funding round was a PE round on Jun 15, 2016 for $*****. 2 investors participated in its latest round. Waystar has 5 institutional investors.

Here is the list of recent funding rounds of Waystar:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 15, 2016	5969408	PE	8264399	6840352	5398924	6951273

Access funding benchmarks and valuations. Sign up today!

View details of Waystar's funding rounds and investors

The founders of Waystar is Jim Denny.

Here are the details of Waystar's key team members:

Jim Denny: Founder, President & CEO of Waystar and founder of 1 other company. They are also an angel investor in 1 startup.
Contact Info: 2 email addresses
Matthew Hawkins: CEO of Waystar.
Contact Info: 1 email address

View details of Waystar's Founder profiles and Board Members

Waystar's employee count trend

Waystar has 1,808 employees as of Aug 26. Here is Waystar's employee count trend over the years:

Uncover Waystar's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Waystar include Infinx, R1 RCM and Medusind. Here is the list of Top 10 competitors of Waystar, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Infinx 2010, Spring (United States), Series D	Provider of platform for revenue cycle management	$186M	Norwest, Norwest Venture Partners & 3 others	69/100
2nd	R1 RCM 2003, Chicago (United States), Acquired	Provider of AI-driven solutions for healthcare revenue cycle management and operations	-	Ares Capital Corporation, New Mountain Capital ... & 4 others	69/100
3rd	Medusind 2002, Miami (United States), Acquired	Provider of medical and dental revenue cycle management service solutions	-	H.I.G. Private Equity, SAB Holding & 22 others	68/100
4th	Commure 2016, Mountain View (United States), Series E	Provider of artificial intelligence software for healthcare revenue cycle management	$623M	Human Capital, Greenoaks & 14 others	65/100
5th	GeBBS 2005, East Haven (United States), Acquired	Provider of technology-enabled revenue cycle management and risk adjustment services for healthcare organizations	-	-	65/100
6th	Xifin 1997, San Diego (United States), Acquired	Cloud-based billing & revenue cycle management solutions for diagnostic service providers	$6M	Windward Ventures, Goldman Sachs & 5 others	64/100
7th	Zentist 2015, San Francisco (United States), Series C	Provider of billing solutions for dentists	$14M	Costanoa, 500 Global & 10 others	62/100
8th	Janus AI 2020, Chicago (United States), Series B	AI and SaaS-based revenue cycle management tool for healthcare providers	$64M	Enhanced Healthcare Partners, Ensemble Health Partners ... & 3 others	61/100
9th	Camber 2021, United States, Series B	Developer of revenue cycle management software for healthcare specialty providers	$50M	Andreessen Horowitz, Zigg Capital & 5 others	60/100
10th	Waystar 2000, Duluth (United States), Public	AI-powered healthcare revenue cycle management solutions for financial and operational success	-	Francisco Partners, Bain Capital & 3 others	59/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Waystar's competitors? Click here to see the top ones

Waystar has not made any investments yet. Waystar has made 9 acquisitions.

Here is the list of latest three $acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 23, 2025	Acquisition	Iodine Software	2010	Austin (United States)
Aug 03, 2023	Acquisition	HealthPay24	2001	Mechanicsburg (United States)
Jul 15, 2021	Acquisition	Patientco	2008	Atlanta (United States)