Cedar IPO

cedar.comHealthcare / Healthcare software

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.

Buy or sell Cedar stock Learn more about Cedar stock

Learn more about Cedar

Is Cedar a publicly traded company?

Cedar is a private company and not publicly traded.

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

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 through mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Cedar's IPO price?

The IPO price for Cedar will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.

Can you invest in Cedar pre-IPO?

Cedar is privately held company and is not publicly traded, therefor investing in Cedar pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.

What is the value of my Cedar shares?

To determine the value of your Cedar shares, create a free account to gain access to Forge’s platform. Forge Markets contains pricing information for hundreds of pre-IPO companies. A Private Market Specialist will also be available to assist you with any inquiries related to your Cedar shares. You can also learn more about how to sell your private shares before getting started.

Can you sell Cedar before it goes public?

Yes, you can seek to sell 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 Cedar's funding to date?

Cedar has raised $389.1MM to date.

When was Cedar founded?

Cedar was founded in 2016.

Who are Cedar's major investors?

Tiger Global Management

Andreessen Horowitz

Craft Ventures

Founders Fund

Kaiser Permanente Ventures

Lakestar

Alkeon Capital Management

Crew Capital

Cedar funding rounds and last known valuation

Date	Funding Round	Funding Raised	Price per Share	Last Known Valuation
12/19/2022	Series D	$255MM raised	$XXX.XX	$XXX.XX
6/22/2020	Series C	$79.8MM raised	$XXX.XX	$XXX.XX
6/25/2018	Series B	$41.3MM raised	$XXX.XX	$XXX.XX
12/6/2017	Series A and A-1	$13MM raised	$XXX.XX	$XXX.XX

Based on primary financings

Frequently Asked Questions

Updated on: Jul 26, 2024

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