New York based health care financial engagement platform raised $102m in Series C funding led by Andreessen Horowitz.
“The COVID-19 pandemic has put a spotlight on many of the inefficiencies and archaic processes across our current health care system which has, in turn, driven an increase in the adoption of platforms like Cedar’s among health care providers,” Florian Otto, CEO and co-founder of Cedar, said in a written statement. “Through this round of funding and our new partnership with Novant Health, Cedar’s patient engagement and payment technology platform will be able to offer an improved experience for more patients with simplified and personalized digital engagement strategies and payment support options.”