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Cedar

Cedar

Private
New York City, New YorkHealthcare & Life Scienceshttps://www.cedar.com

Last Round

Seed

Oct 31, 2023

Est. Valuation

$3.2B

Total Funding Raised

$354M

Company Overview

Cedar is a healthcare technology company that offers a financial engagement platform to streamline the patient payment ecosystem and enhance billing operations for hospitals, health systems, and medical groups.

Sector

Healthcare & Life Sciences

Verticals

Revenue Cycle, Patient Engagement, Digital Payments, Vertical SaaS, Customer Experience

Business Model

B2B

Customer Profile

Subscription SaaS, Payment Processing Fee, Revenue Share, Services & Consulting

AI Layer

Application

Keywords

patient financial engagementpatient billing platformrevenue cycle managementRCMhealthcare paymentshealth fintechmedical billingEHR integrationprice transparencypayer data integrationpatient affordabilityEpic integrationpatient intakeAI patient supportcost estimates

Historical Pricing

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Caplight Momentum Score

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Cedar Comps

Public and private peers based on sector, stage, and business model.

CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Cedar Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedOct 31, 2023
Series D ExtensionDec 19, 2022
Series DMar 9, 2021
Series CJun 22, 2020
DebtJun 22, 2020
Series B
Jun 25, 2018

Key People

Founding team and executive leadership

Florian Otto

CEO And Co-Founder

Founding Team

Scott Stockberger

Chief Financial Officer

Executive Team

Cedar Investors

Notable investors and investment history

InvestorRounds
Andreessen HorowitzSeries D, Series C
SV AngelSeries A
Section PartnersSeries D
Founders FundSeries C, Series B, Series A
Thrive CapitalSeries D, Series C, Series B, Series A
Tishman Speyer VenturesSeed
LakestarSeries C, Series B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 8, 2026

    New Cedar Intelligence capabilities expand AI-powered personalization for healthcare billing.

  • Mar 24, 2026

    Integrating with athenahealth's AthenaOne platform to enhance patient financial experience.

Cedar Filings

SEC and related filings with document metadata.

TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Cedar Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Cedar's valuation, stock price, and market status.

Firmographic Details

HeadquartersNew York City, New York
Employee Range830
Year Founded2016
Last FundingOct 31, 2023

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.