Credentialing platform Medallion raises $35M and more digital health fundings

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Medical licensing and credentialing platform Medallion raised $35 million in a Sequence C funding spherical led by Spark Capital and GV.

The spherical, which brings Medallion’s complete increase to $85 million, included participation from Salesforce Ventures, Sequoia Capital, Optum Ventures, BoxGroup and Elad Gil. Medallion introduced a $30 million Series B raise in November and a $20 million Series A in June final 12 months. 

“Medallion’s mission from day one has been to allow steady, cost-effective care to sufferers by combining an industry-leading group of healthcare operations consultants with a contemporary, environment friendly and highly effective supplier community platform that well being techniques, payers and digital care organizations can depend on,” CEO and founder Derek Lo stated in a press release.

“With this extra funding, we’ll be capable of speed up product growth, broaden our go-to-market group and deepen strategic partnerships throughout our platform as we proceed on our spectacular progress trajectory.”


Israeli fertility startup AiVF raised $25 million in a Sequence A funding spherical led by Perception Companions, with participation from 166 2nd.

The corporate plans to make use of the funds to speed up adoption of its EMA platform, which makes use of synthetic intelligence to evaluate embryo high quality throughout IVF remedy, within the U.S. and Europe. AiVF additionally plans to make use of the capital to rent extra employees and develop new fertility instruments.

“Our imaginative and prescient is to assist people understand their dream to develop into households,” CEO and cofounder Daniella Gilboa stated in a press release. “We’re delivering progressive merchandise to the market whereas enhancing the science of reproductive medication to drive the following technology of fertility care.”


Aidaly, a platform that goals to assist household caregivers discover monetary help, emerged from stealth with $8.5 million in funding.

The spherical was led by Seven Seven Six, with participation from Lightspeed Enterprise Companions, Operator Companions, Precursor Ventures, Primetime Companions, Scribble, Shrug, Polymath, TVC and angel buyers.

The startup’s platform permits caregivers to enter paperwork like insurance coverage insurance policies, pensions, trusts and care plans to seek out public, personal and native applications that might present monetary assist. If applications can be found, Aidaly’s instrument can assist customers apply for help. 

The corporate stated it can use the funds to broaden to new markets. It at the moment operates in Miami-Dade County. Aidaly stated it is also engaged on partnering with insurers to supply its service as a profit to members.

“My dad was identified with most cancers whereas I used to be in school. When it unfold to his mind, we had been pressured to abruptly shut his personal observe. The expertise was notably robust on my mother, who went from being an empty nester to being a full-time caregiver,” CEO and founder Maggie Norris stated in a press release.

“This expertise opened my eyes to the dearth of sources obtainable to those that are thrown right into a household caregiving function. Aidaly’s mission is to empower unpaid household caregivers with the compensation, teaching and monetary providers wanted to care for his or her family members.”

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