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Cedar
company
About
Cedar is a patient payment and engagement platform for hospitals, health systems, and medical groups that elevates the patient experience.
- 101 - 250
Details
- Last Funding Type
- Debt Financing
- Last Funding Money Raised
- $25M
- Industries
- Billing,FinTech,Health Care,Medical,Payments
- Founded date
- Jan 1, 2016
- Number Of Employee
- 101 - 250
- Operating Status
- Active
Cedar is a patient payment and engagement platform for hospitals, health systems, and medical groups that elevate the end-to-end patient experience. The platform leverages advanced data science to customize and simplify the payment experience, resulting in a modern, consumer-friendly way for patients to plan for and pay their bills.It was founded in 2016 and headquartered in New York, United States.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$102M
Cedar has raised a total of
$102M
in funding over 2 rounds. Their latest funding was raised on
Jun 22, 2020 from a Debt Financing round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jun 22, 2020 | Debt Financing | $25M | 1 |
JP Morgan Chase
|
— | Detail |
| Jun 22, 2020 | Series C | $77M | 1 | — | — | Detail |
Investments
Number of Investments
Number of Lead Investments
3
1
Cedar has made 3 investments. Their most recent investment was on
Sep 30, 2020, when Sunstone raised ₹240M.
Investors
Number of Lead Investors
Number of Investors
1
2
Cedar is funded by 2 investors.
JP Morgan Chase
and Kaiser Permanente
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
JP Morgan Chase
|
Yes | Debt Financing |
Kaiser Permanente
|
— | Series C |
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