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
What is Medallion worth?
$393.0MPrivateMarketView mark · Oct 2026

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

Free account
More of Medallion with a free account
  • ·The complete investor list: 32 names
  • ·Watch Medallion: the Monday email on marks, rounds and moves
Create free account
No card required

Membership and data by Private Market View

Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
▮▮
Markrounds hold their value until the next priced eventMark, today
log scale
Post-money values unlock with a free account.Unlock the axis

Membership and data by Private Market View

Medallion funding history

4 rounds
DateRoundRaisedPost-money
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▮
Unlock post-money valuations

Membership and data by Private Market View

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.

Comparable companies

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

How Medallion's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Medallion, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about Medallion

What is Medallion worth?
Medallion is valued at $393.0M as of Oct 2026. Valued at $393.0M at its later-stage round, Aug 2025. Nothing has traded since.
How much has Medallion raised?
Medallion has raised $128.0M in total funding across 4 recorded rounds.
When did Medallion last raise?
Medallion last raised in Aug 2025 (Later Stage VC (Series C)), raising $43.0M.