Cedar logo — The AI-powered healthcare financial experience platform, bui...

Cedar

The AI-powered healthcare financial experience platform, built for the rising cost and complexity of healthcare payments

Founded 2016 United States New York, United States 820 employees Series D Total: $419.36M Financial Services, Fintech +2

General Information

Company Name Cedar
Founded Year 2016
Location United States New York, United States
Employees 820
Industries Financial Services, Fintech, Health Care +1
Funding Stage Series D
Social

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About Cedar

Cedar, founded in 2016, is a United States-based startup that positions itself as "The leading financial experience platform for healthcare providers who prioritize patients." Offering a consumer-grade technology, Cedar delivers healthcare’s top patient financial experience platform for modern revenue cycle teams. The startup recently secured a significant investment of $68.36M in a Series D funding round on 19 December 2022, with the Memorial Hermann Foundation being the contributing investor. Cedar operates within the Financial Services, Fintech, Health Care, and Payments industries, with a primary focus on integrating a patient’s billing and benefits information into a simplified payment experience. Cedar’s platform is aimed at helping finance leaders in the healthcare sector to enhance patient payments and bolster patient loyalty.

Business keywords: Healthcare Finance, Patient Financial Experience, Revenue Cycle Management, Patient Engagement, Health Technology, Consumer Technology, Billing and Benefits Integration, Payment Experience Optimization, Patient Loyalty, Healthcare Payments, Medical Billing, Financial Technology, Healthcare Data Analytics

Services & Products

End-to-end patient payments
Implementation
Integrations and security
Cedar Orthodontics

Target Customers

Healthcare providers Payers Patients

Funding Rounds & Investors (6)

View All
Funding Stage Amount Investors Lead Investors Date
Series D $68.36M 1
Memorial Hermann Foundation
19 Dec 2022
Series D $200.00M 4
Andreessen Horowitz/ a16z, Thrive Capital +2
09 Mar 2021
Series C $77.00M 9
Kinnevik, Founders Fund +7
22 Jun 2020
Debt Financing $25.00M 1
JP Morgan Chase
22 Jun 2020
Series B $36.00M 8
Kinnevik, Craft Ventures +6
25 Jun 2018
Series A $13.00M 5
Founders Fund, Lakestar +3
07 Dec 2017

Cedar Alternatives & Competitors

View All Alternatives
Cedar vs
Rivia Health
Rivia Health United States

The AI payment solutions healthcare providers deserve, and patients love.

Seed
27 employees
Financial Services, Health Care
Cedar vs
PayZen
PayZen United States

Unlocking incremental revenue & cash flow for providers, while delivering a high-quality, empathetic...

Debt Financing
87 employees
Financial Services, Fintech
Cedar vs
AccessOne
AccessOne United States

A mobile payment platform for the way patients live. Pay in full, pay in 4, and extended payment pla...

138 employees
Financial Services, Fintech

FAQ About Cedar

The AI-powered healthcare financial experience platform, built for the rising cost and complexity of healthcare payments
Cedar was founded in 2016.
Cedar is headquartered in New York, United States.
Cedar operates in Financial Services, Fintech, Health Care and Payments. Its work centres on Healthcare Finance, Patient Financial Experience, Revenue Cycle Management and Patient Engagement. Its customers include Healthcare providers, Payers and Patients.
Cedar has approximately 820 employees.
Cedar has completed 6 funding rounds, raising a total of $419.36M. The latest funding stage is Series D.
Cedar offers: End-to-end patient payments, Implementation, Integrations and security, Cedar Orthodontics.
Top alternatives and competitors to Cedar include Rivia Health, PayZen, AccessOne, PatientPay, FinPay, LLC. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Cedar and Rivia Health are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Cedar, https://bouncewatch.com/company/cedar, updated 20 May 2026. When citing, please name BounceWatch and link this page.

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