Cedar Stock
Hospital Payment and Engagement Platform
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About Cedar Stock
Cedar is a patient payment and engagement platform for hospitals, health systems, and medical groups that elevate the end-to-end patient experience. The platform leverages advanced data science to customize and simplify the payment experience, resulting in a modern, consumer-friendly way for patients to plan for and pay their bills. It was founded in 2016 and headquartered in New York, United States.
Investors
Kinnevik AB
Quikr, Cityblock Health, Babylon Health, Cedar, Betterment, Omio, Spring Health, BIMA, TravelPerk
Lakestar
Spotify, Opendoor, Oscar Health, GetYourGuide, Blockchain.com, Symphony Communication Services, Cedar, Taulia, Aetion, Eigen Technologies
Sound Ventures
Bird, ConsenSys, Noom, Chainalysis, SentinelOne, Capsule, Fundbox, MoonPay, Cedar, Mark43
SV Angel
Snap, Instacart, Stripe, Anduril Industries, DoorDash, Reddit, Zenefits, Pinterest, Opendoor, Slack
Thrive Capital
Instacart, Stripe, Compass, Airtable, Opendoor, Nubank, Slack, Oscar Health, Unity Technologies, Cityblock Health
Funding History
| December 2016 | $3.0M |
|---|---|
| December 2016 | $10.0M |
| June 2018 | $41.3M |
| June 2020 | $79.8M |
| March 2021 | $255M |
Management
Chief Executive Officer
Florian Otto
Chief Technology Officer
Hassan Sultan
Press
businesswire - Sep, 1 2023
Cedar Fair Announces Departure of Matt Ouimet from Board of Directorsrte - Aug, 18 2023
Cedar to take over Renault distribution business herecorridorbusiness - Jun, 29 2023
Group seeks deal with Cedar Rapids to purchase land for possible casinothenewstack - Jun, 12 2023
Open Sourcing AWS Cedar Is a Game Changer for IAMthenewstack - Jun, 6 2023
The Cedar Programming Language: Authorization Simplifiedbizjournals - Apr, 30 2023
Firefly to drop $50M-plus to grow Cedar Park HQ, testing and manufacturing site in Burnet Countydlvr - Mar, 16 2023
Cedar LNG gets federal green lightbiv - Mar, 15 2023
Haisla's Cedar LNG gets provincial green lightfinance - Mar, 14 2023
Pembina Pipeline's Cedar LNG project gets environmental approvalnewswire - Jan, 19 2023
Cedar Selected by MHA Ventures as Preferred Patient Financial Engagement Technology Providervcnewsdaily - Dec, 20 2022
Cedar Adds Investor to Series D Funding Roundnewswire - Nov, 16 2022
Cedar Awarded Patient Engagement Agreement With Premier, Inc.newswire - Nov, 2 2022
Cedar's Integrated Payer-Provider Patient Billing Platform Introduced to Highmark Inc. and Allegheny Health Network Customerspymnts - Nov, 1 2022
Cedar Debuts Integrated Health Data Toolbusinesswire - Oct, 4 2022
Cedar Fair Announces Changes to Its Board of Directorscoverager - Jul, 16 2022
CUNA Mutual Groups Foundation backs Cedar Valleymobihealthnews - Jul, 9 2022
Payment company Cedar lays off 24% of workforcebusinessinsider - Jul, 8 2022
$3.2 billion digital-health startup Cedar just cut 24% of its workers amid a market downturnbizjournals - Apr, 29 2022
Cedar Point owner faces class-action lawsuit over season ticketscaixinglobal - Apr, 22 2022
Exclusive: State Creditors Sue Embattled Cedar Over Bond Defaultpymnts - Mar, 8 2022
Cedar Intros Solution to Guide Patients Preparing for Healthcarenewswire - Jan, 26 2022
Cedar LNG Project - Participant Funding Available Françaisnewswire - Jan, 20 2022
Springfield Clinic Partners With Cedar to Improve Patients' Digital Consumer Experiencenewswire - Jan, 12 2022
Fierce Healthcare Names Cedar as One of Its 2022 'Fierce 15' Companiesclayandmilk - Dec, 21 2021
Cedar Falls digital marketing agency Red Lab Technologies acquired by PR firmdecode - Aug, 20 2021
Hacking US Healthcare: Cedar at TechCrunch Disrupt 2021!mobihealthnews - Aug, 5 2021
Zocdoc, Cedar and Eko each welcome new CFOs and more digital health hiresprn - Aug, 4 2021
Cedar Announces Krishna Rao as Chief Financial Officerfintechfutures - May, 17 2021
Cedar co-founder: Our biggest competition is status quo and inertiaventurefizz - May, 16 2021
The VentureFizz Podcast: Florian Otto - Co-Founder & CEO, Cedarmobihealthnews - May, 14 2021
Patient financial engagement platform Cedar snaps up medical billing company OODAbusinessinsider - May, 13 2021
Cedar, a healthcare startup that helps hospitals and doctors get paid, is buying rival Ooda Healthow - May, 13 2021
Cedar pays $425 million to buy insurance fintech platformprn - May, 13 2021
Cedar Announces Agreement to Acquire OODA Health to Revolutionize the Consumer Financial Experience in Healthcareow - Mar, 10 2021
Cedar Raises $200M, Continues Hiring Push Amid ‘Skyrocketing’ Demandmobihealthnews - Mar, 10 2021
Cedar closes $200M for engaging patient payments, Paige updates its 9-figure Series C and more digital health fundingsdlvr - Mar, 10 2021
Healthcare Financial Platform Cedar Lands $200 Million In Series D Financingmedcitynews - Mar, 9 2021
Cedar snags $200M in new funds, boosting valuation to $3.2Baithority - Mar, 3 2021
Cedar Partners With Hartford HealthCare to Prioritize the Patient Financial Experiencezd - Jan, 29 2021
Hezbollah's cyber unit hacked into telecoms and ISPssecurityaffairs - Jan, 29 2021
Lebanese Cedar APT group broke into telco and ISPs worldwideon - Jan, 23 2021
Peloton Co-Founder Graham Stanton's 3 Tips for Managing Fast Growthow - Dec, 17 2020
WPI awarded $3M for graduate data programnewswire - Dec, 16 2020
Cedar Partners with Epix Healthcare to Optimize the Patient Financial Experiencecoinjournal - Dec, 12 2020
Who is CedarFX? The Eco-Friendly Online Broker!axios - Dec, 9 2020
Axios Marketsaxios - Dec, 8 2020
Cedar CEO: Consumers, employers drive change in health care pricingnewswire - Oct, 13 2020
Cedar Enables Patient-First Billing Experience in MyChart With New Epic App Orchard Integrationnewswire - Sep, 17 2020
Cedar Partners With ApolloMD to Transform and Prioritize the Patient Financial Experiencenews - Sep, 9 2020
The Crunchbase News Briefing: Weds., Sept. 9prnewswire - Aug, 27 2020
Cedar Chooses Waystar As Strategic Partner to Offer Pre-Visit Price Estimates and Paymentsvcaonline - Aug, 7 2020
Venture Capital Database 2020 Now Available!pymnts - Jul, 6 2020
Cedar CEO: Solving For Healthcare’s ‘Black Box’ Of Patient Billingjosebolanosmd - Jul, 1 2020
StartUPDATES: New developments from healthcare startupscbinsights - Jun, 26 2020
This Week In AI: Indigo Ag Raises $300M, Facebook Acquires Mapillary, Google Launches Pinterest-Like App Keenalleywat - Jun, 26 2020
Cedar Raises $77M to Bring Transparency and Convenience to Medical Billingvcaonline - Jun, 23 2020
Venture Capital Database 2020 Now Available!businessinsider - Jun, 23 2020
We got an exclusive look at the presentation that Cedar used to convince investors like Andreessen Horowitz and JPMorgan to bet $102 million on the digital health startup's vision of a better way of paying for healthcarebit - Jun, 23 2020
Startup Cedar scores $102M series C funding round and new partnership with Novant Healthbit - Jun, 23 2020
Investing in Cedarnews - Jun, 22 2020
Cedar Closes $102M Series C Led By Andreessen Horowitz To Improve Patient Financial Engagementmedcitynews - Jun, 22 2020
Medical billing startup Cedar raises $102M in equity and debtnewswire - May, 21 2020
Violet Gro Ag Lighting Announces Partnership With Cedar Valley FarmsYahoo Finance - Jan, 14 2020
Cedar Announces Partnership With ChristianaCare to Transform the Patient Financial and Billing Experiencechiefexecutive - Aug, 2 2019
Cedar CEO On Improving Healthcare’s Major Billing Problemmedicaleconomics - Jul, 31 2019
How to survive high-deductible health plansmedium - Jul, 31 2019
5 Things We Must Do To Improve the US Healthcare System: “nychbl - Jul, 31 2019
Healthcare Venture Capital Reportphysicianspractice - Jul, 31 2019
Amid rising costs, personalized healthcare experiences are a mustbuiltinnyc - Jul, 19 2019
Rooted in reformation: How the Cedar team is working to transform healthcare and the patient experiencecnbc - Mar, 26 2019
Apple could combine its expertise in health and fintech to get into medical billing, experts saybusinesswire - Dec, 6 2017
Cedar Launches with a Smarter Payment Solution for Providers and PatientsEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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