Cedar Closes $200M in Series D Funding to Continue Fueling Growth as a Leading Patient Financial Engagement Platform for the Healthcare Industry
Mar 09, 2021•over 4 years ago
Amount Raised
$200 Million
Round Type
series d
Description
Cedar, an innovative patient engagement and financial technology platform, today announced it has closed $200 million in Series D financing led by Tiger Global Management, bringing the company's valuation to $3.2 billion. The company, which boasts more than $350 million in total funding to date, will use the new capital to continue meeting skyrocketing demand for the exceptional, patient-centric digital health experiences provided through its platform. Existing investors Andreessen Horowitz (a16z), Thrive Capital and Concord Health Partners also participated in the round.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech