Cedar Cares
Latest round
- Series D
Last raised
- Mar 2021
Total raised
- $301M
Investors
- 12
About Cedar Cares
Cedar Cares, Inc.Cedar Cares, Inc. provides innovative solutions to enhance financial interactions in healthcare. The founders of Cedar include Adrien Lewis, Arel Lidow, Denis Zabirokhin, Florian Otto, Jiaqi Ling, Kareem Zaki, and Xingyu Li, with Florian Otto serving as CEO.Cedar offers an AI-powered platform designed to enhance financial experiences for healthcare providers and patients. Its core product offerings include Cedar Pay, which facilitates end-to-end patient payments; Cedar Cover, which provides benefits and financial assistance options; and Cedar Support, an AI-driven solution for patient inquiries and support. These solutions address the challenges patients face in managing rising medical expenses and billing complexities, integrating various stakeholders to present billing in an understandable format for patients.Cedar generates revenue through partnerships with healthcare providers, optimizing payment processes to improve financial outcomes. The company operates on a B2B model, facilitating the enhancement of billing systems and patient payment interactions. Revenue typically includes arrangements based on transaction volumes processed through its platform, which may involve subscription fees or service-based charges related to Cedar Pay and Cedar Support. The company is in the process of developing new features for its platform, aiming for a rollout in the upcoming year. Additionally, Cedar is targeting expansion into new geographic regions, focusing on underserved markets across the United States to enhance its reach and service delivery.
Who invested in Cedar Cares
12 investors across 4 rounds
See all investors in Cedar Cares
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Cedar Cares
Who invested in Cedar Cares?
Cedar Cares has 12 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Cedar Cares raised?
Cedar Cares has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Cedar Cares last raise money?
Cedar Cares's most recent round on record is a Series D, in Mar 2021.
What does Cedar Cares do?
Cedar Cares is a healthcare it company.
Where is Cedar Cares headquartered?
Cedar Cares is headquartered in New York, US.
Which VCs invest in companies like Cedar Cares?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back healthcare it companies at Cedar Cares's stage. Their profiles are linked below.
VCs backing healthcare it startups at Series D
Raising like Cedar Cares? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.