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Medallion

Enterprise Systems (Healthcare) · San Francisco, CA · Founded 2019 · Privately Held (backing)

Developer of a licensing and credentialing platform designed to meet the paperwork needs of the healthcare industry. Medallion is based in San Francisco, CA and was founded in 2019. It was valued at $393 million at its later-stage round in Aug 2025, the last priced event on record. It has raised $128 million across 4 recorded rounds; the latest was a $43 million Series C in Aug 2025.

PMV mark · valuation
$393.0M
Oct 2026
Priced at
its later-stage round
Aug 2025
Total raised
$128.0M
Last round
Later Stage VC (Series C)
Aug 2025

Medallion key facts

as of Oct 2026
  • Developer of a licensing and credentialing platform designed to meet the paperwork needs of the healthcare industry.
  • Medallion is valued at approximately $393.0M as of Oct 2026, set at its later-stage round, Aug 2025; nothing has traded since, per PrivateMarketView’s mark.
  • It has raised $128.0M across 4 recorded rounds; the latest was Later Stage VC (Series C) ($43.0M) in Aug 2025.
  • Notable investors include Alumni Ventures, Sequoia Capital, Salesforce Ventures, Spark Capital, GV — 32 tracked in total.
  • Status: Privately Held (backing).
PrivateMarketView mark
LOW confidence
$393.0M

Valued at $393.0M at its later-stage round, Aug 2025. Nothing has traded since.

set by its last priced roundas of Oct 2026question about this number?
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Medallion funding rounds

4 rounds
Aug 2025Later Stage VC (Series C)$43.0M▮
Jun 2022Later Stage VC (Series C)$35.0M▮
Nov 2021Early Stage VC (Series B1)$30.0M▮
Oct 2021Early Stage VC (Series A)$20.0M▮
Full funding history →

Medallion valuation

Medallion was valued at $393 million at its later-stage round in Aug 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Medallion raised?

Medallion has raised $128 million across 4 recorded rounds since 2021. The largest was a $43 million Series C in Aug 2025.

Medallion investors

32 investors are on record for Medallion, including Alumni Ventures, Sequoia Capital, Salesforce Ventures and Spark Capital. By type, the record holds 15 venture capital firms, 2 angel investors and 1 private investor. The Series C in Aug 2025 drew 7 investors.

Comparable companies

Comparable enterprise systems (healthcare) names by valuation on PrivateMarketView: Qventus ($400 million), Smarter Technologies ($325 million) and Kakehashi ($296 million).

About Medallion

Developer of a licensing and credentialing platform designed to meet the paperwork needs of the healthcare industry. The company's platform includes new licensing and renewal facilities with primary source verification, continuing medical education tracking, document management, and payer enrollment, helping healthcare providers and telemedicine companies to spend less time on paperwork and more time with patients.

Industry
Enterprise Systems (Healthcare)
Sector
Healthcare
HQ
San Francisco, CA, United States
Founded
2019
Employees
225
Ownership
Privately Held (backing)

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