Cedar
PrivateLast Round
Seed
Oct 31, 2023
Est. Valuation
$3.2B
Total Funding Raised
$354M
Momentum
Top 25%
of companies Caplight tracks
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
Patient Engagement, Revenue Cycle, Digital Payments, Vertical SaaS, Healthcare Analytics
Business Model
B2B2C
Customer Profile
Subscription SaaS, Payment Processing Fee
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Cedar Comparables
Compare Cedar with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Millennia | 81% | |
| RevSpring | 79% | |
| Waystar Holding Corp. | 79% | |
Cedar Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Seed | Oct 31, 2023 | ||||
| Series D Extension | Dec 19, 2022 | ||||
| Series D | Mar 9, 2021 | ||||
| Series C | Jun 22, 2020 | ||||
| Debt | Jun 22, 2020 | ||||
Series B | Jun 25, 2018 |
Key People
Founding team and executive leadership
Cedar Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Andreessen Horowitz | Series D, Series C |
| SV Angel | Series A |
| Section Partners | Series D |
| Founders Fund | Series C, Series B, Series A |
| Thrive Capital | Series D, Series C, Series B, Series A |
| Tishman Speyer Ventures | Seed |
| Lakestar | Series C, Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jun 17, 2026
Monthly visitors increased 64% MoM, reaching 59.3K.
- May 8, 2026
Novant Health named as a partner/customer.
Cedar Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Frequently Asked Questions
Common questions about Cedar's valuation, stock price, and market status.