Cedar Raises $13M in Series A Funding
Summary
Backers included Founders Fund, Thrive Capital, Martin Ventures and SV Angel.Led by Florian Otto, co-founder and CEO, Cedar provides a platform that powers solutions for hospitals, health systems and medical groups, delivers modern intelligence to alleviate collections challenges, improve billing operations and ensure a personalized billing experience for patients.Through the Cedar platform, providers can consolidate billing information across multiple caregivers while delivering clear invoices detailing exactly what patients owe, with personalized click-to-pay options.In parallel, provider billing teams can keep track of all activities via a patient CRM and financial dashboards.The solution can be integrated with any electronic health record (EHR) or practice management system (PMS), and implemented in ten weeks or less.