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§ Private Profile · Verona, WI, USA
Healthcare software developer providing integrated EHR systems for healthcare providers, managing patient clinical data and billing.
Epic has raised $91.0M across 7 funding rounds.
Key people at Epic.
Epic has raised $91.0M in total across 7 funding rounds.
Based in Verona, Wisconsin, Epic Systems develops electronic health record software and integrated clinical applications that manage patient information, scheduling, and billing for healthcare providers. Operating as a privately held and employee-owned enterprise, the company generated $3.8 billion in sales during 2021 without ever raising venture capital or private equity. The organization maintains a global workforce of over 14,000 employees and currently facilitates the electronic medical records for more than 325 million patients worldwide. Epic provides its comprehensive healthcare software suite to major medical centers and government agencies, securing prominent enterprise customers such as Johns Hopkins and the Mayo Clinic while earning top industry designations from KLAS Research. The software company was originally established as Human Services Computing in 1979 by founders Judith Faulkner and John Greist with an initial $70,000 financial investment from friends and family.
Key people at Epic.
# High-Level Overview
Epic Systems Corporation is a healthcare software company that develops electronic health record (EHR) systems and comprehensive healthcare information technology solutions[1][3]. Founded in 1979 and headquartered in Verona, Wisconsin, Epic serves hospitals, health systems, and healthcare organizations worldwide by providing a digital platform for managing patient data, clinical workflows, and healthcare operations[1].
The company's core mission centers on helping people get well, stay well, and enabling future generations to be healthier through software innovation[3]. Epic's EHR platform enables healthcare providers to store, access, and manage comprehensive patient health records—including medical history, diagnoses, medications, treatment plans, immunization dates, allergies, radiology images, and laboratory results—creating a single, unified medical record that informs clinical decision-making and improves patient outcomes[1][5].
# Origin Story
Epic was founded in a basement in 1979 by Judith R. Faulkner, who remains the company's visionary leader[1][3]. Faulkner's philosophy centers on patient-centric care and the transformative power of data in healthcare. Her commitment to data interoperability and seamless health information exchange has shaped Epic's trajectory from its humble beginnings into one of the most influential players in healthcare technology[1].
The company emerged during the early stages of healthcare digitization, positioning itself at the forefront of the electronic health records revolution. Under Faulkner's leadership, Epic evolved from a startup into a dominant force, becoming synonymous with pioneering EHR systems that have fundamentally reshaped how healthcare organizations operate[1].
# Core Differentiators
# Role in the Broader Tech Landscape
Epic operates at the intersection of healthcare digitization and data-driven clinical decision-making—two of the most consequential trends reshaping modern medicine. The company is riding the wave of healthcare's digital transformation, where paper-based records and fragmented systems are being replaced by integrated, interoperable platforms[1].
The timing is critical: as healthcare systems face mounting pressure to improve patient outcomes, reduce operational costs, and comply with data interoperability regulations, Epic's comprehensive EHR solutions have become foundational infrastructure for thousands of hospitals and health systems[1][6]. By standardizing how patient data is captured, stored, and shared, Epic influences not just individual organizations but the entire healthcare ecosystem's ability to deliver coordinated, evidence-based care.
# Quick Take & Future Outlook
Epic's influence continues to expand as healthcare organizations increasingly recognize that software and data infrastructure are essential to clinical excellence. The company's recent focus on artificial intelligence and agentic AI tools—designed to augment clinician workflows rather than replace human judgment—signals its evolution toward next-generation healthcare technology[5].
Looking ahead, Epic's trajectory will likely be shaped by three forces: the healthcare industry's ongoing digital maturation, regulatory pressure for greater data interoperability across competing systems, and the integration of AI capabilities that enhance rather than disrupt clinical workflows. As healthcare becomes increasingly data-driven and patient-centered, Epic's foundational role in enabling this transformation positions it as a critical infrastructure provider for the future of medicine.
Epic has raised $91.0M across 7 funding rounds. Most recently, it raised $10.0M Series A in October 2025.
Epic has raised $91.0M in total across 7 funding rounds.
Epic's investors include Chase Fraser, Steve Greenfield, Salim Mitha, Evolution Media Partners, Afore Capital, Alsop Louie Partners, Amplify Partners, C2 Investment, Coelius Capital, Electric Capital, Felicis Ventures, Founder Collective.