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Medallion Raises $35 Million In Series C Funding Fueled By Significant Revenue Growth Over Past Six Months

PRIVATEJun 23, 2022

Amount Raised

$35 Million

Round Type

Series C

San FranciscoSoftwareHealth CareArtificial Intelligence

Description

Medallion, the modern provider management platform, today announced $35 million in Series C funding, raising its total funding to $85M. This investment comes on the heels of exceptional growth in the six months following its Series B round, including nearly doubling its employee count to 150, growing its revenue by 2x, and diversifying its customer base by doubling the number of health plans, providers and health systems.

Quick answer

Medallion raised $35 Million in a Series C round, dated June 23, 2022. Medallion is based in San Francisco, California, United States.

How much did Medallion raise?
Medallion raised $35 Million in a Series C round on June 23, 2022.
What does Medallion do?
Medallion is the first solution for healthcare companies to fully offload their clinician operations—state license management, payor enrollment, credentialing, and more—in one modern management platform.
Where is Medallion based and how big is it?
Medallion is based in San Francisco, California, United States. Fundz records about 201 employees.
Who are the decision-makers at Medallion?
Fundz holds 1 contact at Medallion. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Health Care around the same time

Companies in the same sectors as Medallion that raised within 45 days of this round, from Fundz verified event records.

  • Sympatic raised an undisclosed amount (Pre-Seed) on August 4, 2022.
  • Birdie raised $33M (Funding Round) on June 29, 2022.
  • Aidoc raised $110M (Funding Round) on June 16, 2022.
  • Massive Bio and Foundation Medicine raised $9M (Funding Round) on June 2, 2022.
  • Pictor Labs raised $7.6M on May 27, 2022.
  • Fairtility raised $15M (Series A) on May 23, 2022.

Who to call at Medallion, and when

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Company Information

Company

Medallion

Location

San Francisco, California, United States

About

Medallion is the first solution for healthcare companies to fully offload their clinician operations—state license management, payor enrollment, credentialing, and more—in one modern management platform. By empowering digital health companies, hospitals, payors, and other organizations to credential, license, and monitor their providers with ease from one modern platform, they eliminate time-consuming and laborious tasks that ultimately increases accessibility of care to millions of patients nationwide. Since inception in 2020, Medallion has saved over 250,000 administrative hours for leading healthcare companies like Ginger, MedExpress, Oak Street Health, and hundreds more, and has raised $85M from leading investors like Sequoia Capital, Spark Capital, Google Ventures, Salesforce Ventures, Elad Gil, and Mario Schlosser.

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Medallion 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.