Medata

Workers' Compensation Claims Softwaremedata.com

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

Workers compensation software
Cost containment solutions
Medical bill review
Claims document management
Auto liability processing

Where Medata is headquartered

Location

Headquarters

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 offering

Core 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 profile

Segments2 records

Ideal customer profiles1 record

Medata technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

Medata partnerships and signals

Strategic signal

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Medata competitors and assessment

Company assessment

Direct 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 compliance and trust

Trust signal

Compliance1 record

Medata financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Medata leadership team

Management profile

Number of profiles

Profiles2 records

Medata funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Medata M&A and investment

M&A and investment

M&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?

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.