Cedar Accelerates Growth With $102M in Series C Funding Led by Andreessen Horowitz and New Innovation Partnership With Novant Health
Amount Raised
$102 Million
Round Type
Series C
New YorkHealthcareHealth CareDescription
Patient engagement and financial technology leader Cedar today announced it has closed more than $102M in Series C funding, led by venture capital firm Andreessen Horowitz. The deal includes $77M in venture capital and $25M from JP Morgan in venture debt. The company also announced it has partnered with Novant Health, a leading North Carolina-based healthcare system, to deliver an innovative, personalized financial experience for Novant Health patients. Both announcements underscore the company's growth strategy and affirm the critical need to transform the U.S
Quick answer
Cedar raised $102 Million in a Series C round, dated June 22, 2020. Cedar is based in New York, New York, United States.
- How much did Cedar raise?
- Cedar raised $102 Million in a Series C round on June 22, 2020.
- What does Cedar do?
- Cedar is committed to improving the healthcare financial experience for all.
- Where is Cedar based and how big is it?
- Cedar is based in New York, New York, United States.
- Who are the decision-makers at Cedar?
- Fundz holds 4 contacts at Cedar, including the Media Contact. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Healthcare and Health Care around the same time
Companies in the same sectors as Cedar that raised within 45 days of this round, from Fundz verified event records.
- Rare Disease Data Trust raised an undisclosed amount on August 5, 2020.
- Kinnate Biopharma raised $88M on August 4, 2020.
- Bryn Pharma raised $11M (Funding Round) on August 4, 2020.
- Oncotelic Therapeutics raised $2M (Seed) on August 4, 2020.
- Reprieve Cardiovascular raised $15M on August 4, 2020.
- Novabay raised an undisclosed amount on July 31, 2020.
Who to call at Cedar, and when
A new round usually means Cedar is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Cedar raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Cedar, from your own LinkedIn network
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Fundz sees it the moment Cedar raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Cedar raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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