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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

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

patient engagement platformrevenue cycle managementRCMhealthcare paymentspatient billinghealthtechdigital patient intakeEHR integrationhealthcare SaaSpatient financial experienceAI in healthcaremedical billing softwarehealthcare fintechpatient collectionshealthcare automation

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Cedar Comparables

Compare Cedar with similar companies based on industry and business-model similarity.

Cedar comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Millennia
81%
RevSpring
79%
Waystar Holding Corp.
79%

Cedar Funding Rounds

Historical fundraising activity

Data table
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

Cedar investors
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.

  • Jun 17, 2026

    Monthly visitors increased 64% MoM, reaching 59.3K.

  • May 8, 2026

    Novant Health named as a partner/customer.

Recent news

Latest coverage and updates

  • launchesAug 13, 2026

    Cedar launched Kora Platform on Aug 13th '26.

Cedar Filings

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Cedar filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

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

Is Cedar a public or private company?

Cedar is a private company.

What is the current stock price of Cedar?

Cedar is a private company with no public stock price. No recent secondary market data is available.

How much is Cedar worth (valuation)?

Cedar's valuation is estimated at $3.2B based on funding round data.

Can I buy Cedar stock?

Cedar shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Cedar's last funding round?

Cedar's most recent funding round was Seed on March 9, 2021.

Who are the main investors in Cedar?

Key investors in Cedar include Andreessen Horowitz, SV Angel, Founders Fund, Thrive Capital, Caffeinated Capital.

Will Cedar IPO soon?

No public IPO plans have been announced for Cedar.

How can I track Cedar secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Cedar's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersNew York City, New York
Employee Range322
Year Founded2016
Last FundingOct 31, 2023

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