About Medallion
Medallion is a company based in California City (United States) founded in 2011 by Derek Lo. It operates as a AI-as-a-Service, Managed Services, and HealthTech. Medallion has raised $128 million across 4 funding rounds from investors including Spark Capital, Google Ventures and Salesforce Ventures. The company has 172 employees as of December 31, 2022. Medallion offers products and services including Provider Data Management, Monitoring, Direct Payer Enrollments, CVO Credentialing, and Licensing. Medallion operates in a competitive market with competitors including Axuall, andros, Verifiable, Silversheet and MedTrainer, among others.
- Headquarter California City, United States
- Employees 172 as on 31 Dec, 2022
- Founders Derek Lo
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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Annual Revenue
$8.29 K (USD)47as on Dec 31, 2023
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Net Profit
$5.66 K (USD)107as on Dec 31, 2023
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EBITDA
Not available
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Total Equity Funding
$128 M (USD)
in 4 rounds
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Latest Funding Round
$43 M (USD), Series D
Aug 18, 2025
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Investors
Spark Capital
& 19 more
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Employee Count
172
as on Dec 31, 2022
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Products & Services of Medallion
Medallion offers a comprehensive portfolio of products and services, including Provider Data Management, Monitoring, Direct Payer Enrollments, CVO Credentialing, and Licensing.
Provider data is centralized for compliance and efficiency.
Provider sanctions and licensing are continuously tracked for compliance.
Payer enrollments are automated for seamless application processes.
Credentialing is streamlined to meet NCQA and TJC standards.
Provider licenses are expedited with automated applications and tracking.
People of Medallion
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Funding Insights of Medallion
Medallion has successfully raised a total of $128M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $43 million completed in August 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Medallion
Medallion has secured backing from 20 investors, including venture fund and angel investors. Prominent investors backing the company include Spark Capital, Google Ventures and Salesforce Ventures.
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Spark Capital is engaged in venture capital investments.
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Corporate backed venture capital fund investing in multiple sectors
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Early-stage tech startups are funded by corporate-backed Salesforce Ventures.
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Investor details for Medallion
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Investments & Acquisitions by Medallion
Investment portfolio details for Medallion
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Financial Statements - Medallion
Detailed financials for Medallion
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Medallion Comparisons
Peer comparison for Medallion
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Competitors of Medallion
Medallion operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Axuall, andros, Verifiable, Silversheet and MedTrainer, among others.
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Digital credentialing services are provided for healthcare providers.
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Healthcare information management services are provided by Andros.
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Cloud based credentials verification and monitoring software for healthcare providers
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Physician credentialing solutions are provided to healthcare organizations.
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Cloud-based tools for credentialing, learning, and compliance management are provided.
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Detailed competitors of Medallion
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Latest news on Medallion
Complete news archive for Medallion
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Frequently Asked Questions about Medallion
Medallion was founded in 2011 and raised its 1st funding round 10 years after it was founded.
Medallion is headquartered in California City, United States. It is registered at California City, California, United States.
Derek Lo is the current CEO of Medallion. They have also founded this company.
Medallion is a funded company, having raised a total of $128M across 4 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Medallion is 172.
Annual revenue of Medallion is $8.29K as on Dec 31, 2023.
Medallion is engaged in providing AI-powered solutions for healthcare provider credentialing and enrollment. Operations are streamlined through automation of provider data management, monitoring, licensing, and payer enrollments. Services are offered to provider groups, payers, health systems, RCM organizations, and digital health entities. Compliance with NCQA and TJC standards is ensured while reducing administrative costs and onboarding times. The company is recognized for innovation in healthcare operations, targeting efficiency and scalability across diverse healthcare sectors.
Medallion's top competitors include andros, Verifiable and Verge Health.
Medallion offers Provider Data Management, Monitoring, Direct Payer Enrollments, CVO Credentialing, and Licensing.
Medallion has 20 investors. Key investors include Spark Capital, Google Ventures, Salesforce Ventures, Sequoia Capital, and Optum Ventures.