FundedIQ
Financial Services

Cedar: Funding, Investors & Team (Aug 2026)

Cedar is a patient payment and engagement platform for hospitals, health systems, and medical groups that elevate the end-to-end patient experience. The platform leverages advanced data science to customize and simplify the payment experience, resulting in a modern, consumer-friendly way for patients to plan for and pay their bills. It was founded in 2016 and headquartered in New York, United States.

www.cedar.com LinkedIn New York, United States 101-250 employees
Billing FinTech Health Care Medical Payments
Total raised
$200M
Rounds
1
Latest
Series D
Mar 2021

Cedar has raised $200M across 1 funding round on record, the most recent a Series D of $200M announced in Mar 2021.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Cedar Company Profile and Key Stats

Total funding raised
$200M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series D
$200M in Mar 2021
Employees
101-250
reported band
Headquarters
New York, United States

Latest funding round on record: Mar 2021.

Cedar Funding Rounds

Date
Round
Amount
Series D
$200M

Cedar Founders and Leadership Team

Name
Role
Contact
Arel Lidow
CEO
Locked

Contact details for the Cedar team: 1 of 1 has an email address on file.

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Cedar Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
29,722
$7.5M
760
$90M

Cedar's latest round of $200M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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Cedar Funding FAQs

What does Cedar do?

Cedar is a patient payment and engagement platform for hospitals, health systems, and medical groups that elevate the end-to-end patient experience. The platform leverages advanced data science to customize and simplify the payment experience, resulting in a modern, consumer-friendly way for patients to plan for and pay their bills. It was founded in 2016 and headquartered in New York, United States.

How much funding has Cedar raised?

Cedar has raised $200M across 1 round on record. The most recent is a Series D of $200M announced in Mar 2021.

When did Cedar last raise funding?

Cedar's most recent funding round on record is a Series D of $200M, announced in Mar 2021.

Who is the CEO of Cedar?

Arel Lidow is listed as CEO at Cedar.

Where is Cedar headquartered?

Cedar is based in New York, United States.

How many employees does Cedar have?

Cedar is in the 101-250 employee band.

How does Cedar's funding compare to other Financial Services startups?

Cedar's latest round of $200M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Cedar Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Cedar is left off this page rather than filled in.

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