Cedar Cedar IPO
$3.19B
Series D Valuation, Dec 2022
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Company Details

Cedar was founded in 2016 by Arel Lidow, Florian Otto, and Kareem Zaki. While the company is growing quickly, nobody has publicly discussed plans for a future IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Cedar is a fintech company and developer of a healthcare financial engagement platform for hospitals, health systems and medical groups that clarifies and simplifies the financial experience for patients, improving bill resolution and payment outcomes for providers. In 2021, Cedar acquired OODA Health, the makers of a powerful billing platform, for $425 million. Cedar has raised a total of $350 million in venture capital funding, most recently in a $200 million round that included investors Tiger Global Management, Thrive Capital, Concord Health Partners, and Andreessen Horowitz. This latest round raised the company's valuation to $3.2 billion.

Founded
2016
Forge Price 1
Price not yet available
Post-Money Valuation 3
$3.19B
Total Funding
$778.19MM
LFR Price per Share
$xx.xx
Last Funding Share Class
Series D

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Can you invest in Cedar pre-IPO?

Cedar is a privately held company and is not publicly traded, therefore investing in Cedar pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of Cedar before it goes public?

You can seek to sell your shares in Cedar while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is the pre-IPO value of my Cedar shares?

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Is Cedar a publicly traded company?

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To learn more about Cedar potential IPO

Will Cedar go IPO?

Cedar has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is Cedar’s IPO price?

The Cedar IPO price does not exist at this time, as Cedar is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Cedar register for Forge Markets, today.

When was Cedar founded?

Cedar was founded in 2016.

What is Cedar funding to date?

Cedar has raised $778.19MM to date.
Cedar Major Investors
Tiger Global Management
Andreessen Horowitz
Craft Ventures
Founders Fund
Kaiser Permanente Ventures
Lakestar
Alkeon Capital Management
Crew Capital

Cedar Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
12/19/2022 Series D $255MM $xx.xx $3.19B Andreessen Horowitz, Concord Health Partners, Memorial Hermann Health System, Thrive Capital, Tiger Global Management
Price per Share
$xx.xx
Shares Outstanding
1,060,175
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Concord Health Partners, Memorial Hermann Health System, Thrive Capital, Tiger Global Management
06/22/2020 Series C $79.8MM $xx.xx $814.72MM Andreessen Horowitz, Jp Morgan
Price per Share
$xx.xx
Shares Outstanding
1,335,516
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Jp Morgan
06/25/2018 Series B $41.3MM $xx.xx $286.28MM Founders Fund, Kevin Systrom, Kinnevik, Lakestar, Nat Turner, Sound Ventures, Thrive Capital
Price per Share
$xx.xx
Shares Outstanding
1,978,507
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Founders Fund, Kevin Systrom, Kinnevik, Lakestar, Nat Turner, Sound Ventures, Thrive Capital
12/06/2017 Series A-1 $3MM $xx.xx $73.6MM Founders Fund, Martin Ventures, Sv Angel, Thrive Capital
Price per Share
$xx.xx
Shares Outstanding
1,288,214
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Founders Fund, Martin Ventures, Sv Angel, Thrive Capital
12/06/2017 Series A $10MM $xx.xx $73.6MM Founders Fund, Martin Ventures, Sv Angel, Thrive Capital
Price per Share
$xx.xx
Shares Outstanding
1,533,567
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Founders Fund, Martin Ventures, Sv Angel, Thrive Capital
Private Companies Exploring an IPO
Last Funding Round
Company Forge Price Forge Price Change 5 Last Closed Trade Share Class Post-Money Valuation Price per Share Amount Raised
CerebrasCerebras$40.08+9.9%$xx.xxSeries F-1$2.84B$xx.xx$85MM
CoreWeaveCoreWeave$1,149.84+18.78%$xx.xxSeries C$19B$xx.xx$1.15B
ChimeChime$24.86-0.04%$xx.xxSeries G$24.93B$xx.xx$1.1B
KlarnaKlarna$370.00-1.33%$xx.xxUnknown$6.7B$xx.xx--
TuroTuro$13.55+4.47%$xx.xxSeries E$1.24B$xx.xx$240.52MM
CircleCircle$24.71+2.49%$xx.xxSeries F$8.05B$xx.xx$401MM
NetskopeNetskope$11.07+2.98%$xx.xxSeries H$7.5B$xx.xx$300MM
Liquid DeathLiquid Death$9.47-0.11%$xx.xxSeries F-1$1.4B$xx.xx$67.61MM
CohesityCohesity$15.66-18.31%$xx.xxSeries H-1$4.69B$xx.xx$27.5MM
MNTNMNTN----$xx.xxSeries D$2.21B$xx.xx$119MM

Updated on: Jan 14, 2025

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