Medata
Medata Inc., founded in 1975 and based in Irvine, California, provides cost containment and document management software and services to payers and providers in the workers' compensation and auto liability industries. It now operates as part of MedRisk, with leadership under founder-owner Cy King.
- Company typePrivate
- Founded1975
- HeadquartersIrvine, United States
- Headcount251–500
- GTM typeB2B
- OfferingSoftware
What Medata does
Medata Inc. is a privately held software and services company founded in 1975 and headquartered in Irvine, California, specializing in cost containment and document management solutions for the workers' compensation and auto liability industries. The company's product portfolio centers on two core offerings: cost containment software that helps payers and providers manage medical bill review and claims expenses, and document management software that streamlines the processing of claim-related documents. Supporting services include a Public Service Desk for handling provider inquiries and a Digital Mailroom for electronic document intake and processing, positioning Medata as an integrated software-plus-services platform rather than a pure SaaS vendor.
The company operates a sales-led B2B go-to-market motion, reaching enterprise clients in insurance and healthcare through direct sales with both office and toll-free contact channels. Its revenue model is subscription/recurring, combining software licensing with ongoing service revenue. Customer segments are narrowly defined by vertical — workers' compensation providers and payers, and auto liability insurers and service providers — reflecting nearly five decades of domain specialization. URAC healthcare accreditation reinforces its positioning in the regulated claims-processing environment.
As of 2025, Medata is now part of MedRisk, a strategic operating company in the same vertical, with the Medata website co-branded under MedRisk. Leadership remains anchored by founder-family ownership: Cy King serves as Chairman, CEO, and Owner, while Elizabeth C. King is a Director and Owner. The company employs 251-500 people and operates from a single headquarters location in Irvine. No public revenue, funding history, or external investor ownership is disclosed.
Medata firmographics
Firmographics- Name
- Medata
- Legal name
- Medata Inc.
- Website
- https://medata.com
- Company type
- Private
- Founded year
- 1975
- Operating status
- Acquired
- Headcount range
- 251–500 employees
- Short description
- Medata Inc., founded in 1975 and based in Irvine, California, provides cost containment and document management software and services to payers and providers in the workers' compensation and auto liability industries. It now operates as part of MedRisk, with leadership under founder-owner Cy King.
- Ownership category
- akta.pro rank
Medata industry classification
Industry- Product category
- Workers' Compensation Claims Software
- NAICS
- Health and Welfare Funds (525120), Software Publishers (513210)
- SIC
- Hospital & Medical Service Plans (6324), Services-Prepackaged Software (7372)
- akta.pro primary industry
- Medigap Fraud, Waste & Abuse (FWA) & Payment Integrity (HLAEADAI)
Keywords
Where Medata is headquartered
LocationHeadquarters
- HQ city
- Irvine
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Medata business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Software and Services Revenue: Medata generates revenue through software solutions and service offerings for cost containment and document management in the workers' compensation and auto liability sectors. The company serves as a premier provider with long-standing industry presence since 1975.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Medata product offering
Product offeringCore offering
Medata develops and delivers cost containment software and document management software solutions for the workers' compensation and auto liability industries. Its offerings enable insurance carriers, claims payers, and healthcare providers to process medical bills and manage claims-related documents efficiently. Supporting services include a Public Service Desk for provider inquiries and a Digital Mailroom for electronic document intake.
Product overview
Medata offers a unified platform combining cost containment software and document management solutions specifically designed for the workers' compensation and auto liability industries. The company operates as part of MedRisk, providing software-as-a-service solutions alongside supporting services such as a Public Service Desk for provider inquiries and a Digital Mailroom for electronic document processing.
Differentiator
Problem solved
Functional benefit
Products and services
- Cost Containment Software Software solutions for cost containment in the workers' compensation and auto liability industries, designed to help insurance carriers, claims payers, and providers reduce claims processing expenses.
- Document Management Software Document management software for handling and processing claims and billing documents within the workers' compensation and auto liability sectors.
- Public Service Desk Provider inquiry service that supports incoming provider requests and questions related to workers' compensation and auto liability claims processing.
- Digital Mailroom Digital mailroom service for electronic intake, processing, and management of documents flowing into Medata's cost containment and claims workflows.
Companies that use Medata
Customer profileSegments2 records
Ideal customer profiles1 record
Medata technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Medata partnerships and signals
Strategic signalScale indicators2 records
Recent moves6 records
Expansion highlights4 records
Medata competitors and assessment
Company assessmentDirect peers
- Mitchell International: Provides claims management software and bill review solutions for the property & casualty and workers' compensation markets. Direct competitor to Medata in document management and cost containment software for auto liability and workers' comp payers.
- CorVel Corporation: Public managed care company delivering workers' compensation and auto liability claims management, bill review, and provider networks. Operates a vertically integrated software-plus-services model that directly overlaps Medata's offering.
- Genex Services (Enlyte): Workers' compensation medical management and cost containment services including bill review and utilization management. Now part of Enlyte alongside Coventry, making it a direct peer for Medata's bill review and care management software.
- MedRisk: Workers' compensation physical medicine and managed care provider that has acquired Medata. Closely comparable in vertical focus, cost containment philosophy, and target buyer, and now serves as Medata's strategic parent.
- One Call Care Management: Workers' compensation ancillary services network providing diagnostic, dental, transport, and other specialty services with embedded software for managing claim workflows. Comparable to Medata in serving the workers' comp payer ecosystem with technology-enabled services.
- Helmsman Management Services: Workers' compensation and auto claims administration services subsidiary of Liberty Mutual. Comparable to Medata in serving workers' comp and auto liability payers with claims and cost containment workflows.
Broad incumbents
- Sedgwick: Large global claims management provider serving workers' comp, auto liability, and disability. Competitively comparable at the service layer with bill review and document management capabilities, though Medata is more software-focused.
- Verisk: Data analytics and technology provider to the insurance industry, including claims and underwriting analytics. Overlaps with Medata's document management and cost containment analytics, though Verisk addresses a far broader insurance software footprint.
- Optum: Diversified health services and technology platform of UnitedHealth Group including payment integrity and bill review offerings. Represents a much larger incumbent that competes for healthcare-adjacent payer technology budgets where Medata's URAC accreditation could position it.
Emerging players
- EK Health Services: Workers' compensation managed care and nurse case management provider. Smaller scale than Medata but operates in the same bill review and cost containment adjacencies, making it a niche regional/emerging peer.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Medata social profiles
Digital presenceMedata compliance and trust
Trust signalCompliance1 record
Medata financial estimates
Financial estimateRevenue estimate
Valuation estimate
Medata leadership team
Management profileNumber of profiles
Profiles2 records
Medata funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Medata M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Medata
What does Medata do?
Medata develops and delivers cost containment software and document management software solutions for the workers' compensation and auto liability industries. Its offerings enable insurance carriers, claims payers, and healthcare providers to process medical bills and manage claims-related documents efficiently. Supporting services include a Public Service Desk for provider inquiries and a Digital Mailroom for electronic document intake.
Is Medata a public or private company?
Medata is a private company. It is classified as corporate owned and is currently acquired.
When was Medata founded?
Medata was founded in 1975. It employs 251 to 500 people.
Where is Medata based?
Medata is headquartered in Irvine, United States, in the North America region.
How does Medata make money?
One revenue line is on record: software and Services Revenue.
Who are Medata's main competitors?
Direct peers on record are Mitchell International, CorVel Corporation, Genex Services (Enlyte), MedRisk, One Call Care Management and Helmsman Management Services. Broad incumbents are Sedgwick, Verisk and Optum. EK Health Services is listed as an emerging player.
Does Medata have an API?
No public API is recorded for Medata.
What industry is Medata in?
Medata's product category is Workers' Compensation Claims Software. Its primary akta.pro industry code is HLAEADAI, Medigap Fraud, Waste & Abuse (FWA) & Payment Integrity. Its NAICS code is 525120 and its SIC code is 6324.