Medallion - About the company
Medallion is a series D company based in California City (United States), founded in 2011 by Derek Lo. It operates as a Cloud-based solution for licensing, credentialing, and other practice management for healthcare providers. Medallion has raised $130M in funding from investors like Spark Capital, Sequoia Capital and Google Ventures, with a current valuation of $*****. The company has 81 active competitors, including 14 funded and 9 that have exited. Its top competitors include companies like Axuall, Verifiable and Hashed Health.
Company Details
Cloud-based solution for licensing, credentialing, and other practice management for healthcare providers. It offers features like payor enrollment, primary source verification, CME, application filing, progress tracking, prescription, and revenue expansion among others. It is a web-based solution and is available in different packages.
- Website
- medallion.co
- Email ID
- *****@medallion.co
- Phone Number
- +1 **********
- Registered Address
- Ķekavas nov., Baldones pag., Vārpas, "Jaunvīlipi"
Key Metrics
Founded Year
2011
Location
California City, United States
Stage
Series D
Total Funding
$130M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Jun 23, 2022
Investors
Ranked
1st among 81 active competitors
Employee Count
590 as on Jul 31, 2026
Legal entities associated with Medallion
Medallion is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MEDALLION CIN: 50003925881 , Latvia, Active | May 24, 2007 | €0 - €1M (As on Dec 31, 2024) | 1 (As on Dec 31, 2021) | - |
FirstLayerAI, Inc CIN: 84-3312601 , United States, Active | Dec 31, 2010 | - | 172 (As on Dec 31, 2022) | - |
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Medallion's funding and investors
Medallion has raised a total funding of $130M over 4 rounds. Its first funding round was on Jun 07, 2021. Its latest funding round was a Series D round on Aug 18, 2025 for $*****. 5 investors participated in its latest round. Medallion has 12 institutional investors and 12 angel investors.
Here is the list of recent funding rounds of Medallion:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 18, 2025 | 8186177 | Series D | 4446893 | 2716661 | 1950439 | 1302651 |
Jun 23, 2022 | 9734289 | Series C | 6838232 | 7463924 | 8758342 | |
Nov 03, 2021 | 8124636 | Series B | 8325990 | 7285042 |
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Medallion's founders and board of directors
Founder? Claim ProfileHere are the details of Medallion's key team members:
- Derek Lo: Founder & CEO of Medallion and founder of 1 other company. Contact Info: 1 email address
View details of Medallion's Founder profiles and Board Members
Medallion's employee count trend
Medallion has 590 employees as of Jul 26. Here is Medallion's employee count trend over the years:
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Medallion's Competitors and alternates
Top competitors of Medallion include Axuall, Verifiable and Hashed Health. Here is the list of Top 10 competitors of Medallion, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Medallion 2011, California City (United States), Series D | Cloud-based solution for licensing, credentialing, and other practice management for healthcare providers | $130M | 63/100 | |
2nd |  Axuall 2018, Cleveland (United States), Series B | Offers digital credentialing services for healthcare providers | $41M | 56/100 | |
3rd |  Verifiable 2019, Austin (United States), Series B | Cloud based credentials verification and monitoring software for healthcare providers | $50.1M | 56/100 | |
4th | Hashed Health 2016, Nashville (United States), Series A | Consortium of healthcare companies leveraging blockchain | $10.8M | 51/100 | |
5th | Silversheet 2014, Los Angeles (United States), Acquired | Medical credentialing solutions for healthcare organizations | $10.4M | 50/100 | |
6th |  andros 2013, New York City (United States), Series B | Provider of healthcare information management services | $47.9M | 49/100 | |
7th | Intiva Health 2017, Austin (United States), Seed | Healthcare parent company innovating wellness, credentialing, manufacturing, and holistic care | $515K | - | 46/100 |
8th |  Certify 2021, New York City (United States), Series B | A provider data technology platform to streamline healthcare management | $69M | 45/100 | |
9th | Verisys 1992, Alexandria (United States), Late Stage | Healthcare compliance solutions: real-time data for credentialing, risk mitigation, and compliance | - | 45/100 | |
10th | EverCheck 2012, Jacksonville Beach (United States), Unfunded | Provider of continuing education software for doctors | - | - | 42/100 |
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Medallion's Investments and acquisitions
Medallion has made no investments or acquisitions yet.
Reports related to Medallion
Here is the latest report on Medallion's sector:
News related to Medallion
Filter this listMedia has covered Medallion for a total of 3 events in the last 1 year, 1 of them has been about people movement.
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Medallion Secures $43M to Enhance Healthcare Provider Networks with AIHIT Consultant•Aug 18, 2025•Sequoia Capital, Washington Harbour Partners, Medallion, Acrew Capital and 4 others
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Medallion Named to the 2025 Inc. 5000 List of America's Fastest-Growing Private CompaniesPR Newswire•Aug 12, 2025•Medallion
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Experity Launches AI-Powered Partner Ecosystem for Urgent CareHIT Consultant•May 23, 2025•Master Clinicians, Medallion, Experity, ChartSwap and 1 other
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Gabo Mining Announces Agreement to Acquire U.S. Uranium Projects and Proposed Name Change to Gamma Resources
Juniorminingnetwork•Apr 16, 2025•Gabo Mining, Medallion
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ONEOK to acquire EnLink Midstream and Medallion Midstream from GIP for $5.9bIREI•Sep 11, 2024•Oneok, EnLink, Kirkland & Ellis, Vinson & Elkins and 1 other
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ONEOK Spends $3B On EnLink Midstream Stake, $2.6B On MedallionBenzinga•Aug 29, 2024•Oneok, EnLink, Medallion
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Medallion, which helps artists connect with fans, raises $13.7 million in Series A fundingStartup Log•Dec 22, 2023•Medallion, Medallion, Dragonfly Ventures, Faction VC and 13 others
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Medallion Secures $13.7M Series A to Empower Artists with Direct Fan ConnectionsTechCrunch+•Dec 21, 2023•Medallion, DragonFly MAX
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