The Kaiser Permanente-backed healthcare engagement platform developer pushed its overall funding past $350m and its valuation to $3.2bn.

Cedar, a US-based patient engagement software provider that counts healthcare consortium Kaiser Permanente among its investors, completed a $200m series D round today that valued it at $3.2bn post-money.

Hedge fund manager Tiger Global Management led the round, which also featured healthcare-focused investment firm Concord Health Partners and venture capital firms Thrive Capital and Andreessen Horowitz.

Founded in 2016, Cedar has created a cloud platform that helps patients engage with hospitals and negotiate the payment process more efficiently. It has…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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