Cedar, the smarter way for hospitals, health systems, and medical groups to manage the patient payment ecosystem has raised $77M in Series C funding from investors that include Andreessen Horowitz, Founders Fund, Thrive Capital, Lakestar, and Kinnevik AB. Founded by Arel Lidow and Florian Otto in 2016, Cedar has now raised a total of $126M in total reported equity funding. In conjunction with this round, the company raised $25M in venture debt. AlleyWatch published an exclusive interview with Otto on Cedar’s Series C funding.
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