Healthcare fintech startup Cedar has raised $200 million in Series D round led by Tiger Global along with participation of existing investors Concord Health, Andreessen Horowitz and Thrive Capital. The current round was raised at a valuation of $3.2 billion.
Cedar is a patient payment and engagement platform for hospitals, health systems, and medical groups that elevates the patient experience. It was founded in 2016 by Arel Lidow, Florian Otto and Kareem Zaki.