Credentialing platform Medallion raises $35M and more digital health fundings
Summary
Medical licensing and credentialing platform Medallion raised $35 million in a Series C funding round led by Spark Capital and GV.The round, which brings Medallions total raise to $85 million, included participation from Salesforce Ventures, Sequoia Capital, Optum Ventures, BoxGroup and Elad Gil. "Medallions mission from day one has been to enable continuous, cost-effective care to patients by combining an industry-leading team of healthcare operations experts with a modern, efficient and powerful provider network platform that health systems, payers and virtual care organizations can rely on," CEO and founder Derek Lo said in a statement. "With this additional funding, well be able to accelerate product development, expand our go-to-market organization and deepen strategic partnerships across our platform as we continue on our impressive growth trajectory. "We are delivering innovative products to the market while enhancing the science of reproductive medicine to drive the next generation of fertility care. Aidalys mission is to empower unpaid family caregivers with the compensation, coaching and financial services needed to care for their loved ones."