When was Medallion founded?

Medallion was founded in 2011 and raised its 1st funding round 10 years after it was founded.

Where is Medallion located?

Medallion is headquartered in California City, United States. It is registered at Ķekavas nov., Baldones pag., Vārpas, "Jaunvīlipi".

Who is the current CEO of Medallion?

Derek Lo of Medallion. They have also founded 2 companies.

Which legal entities is Medallion associated with?

Medallion is associated with MEDALLION and 1 other.

How many employees does Medallion have?

As of Mar 31, 2026, the latest employee count at Medallion is 533.

Is Medallion a funded company?

Medallion is a funded company, having raised a total of $130M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jun 07, 2021.

How much is Medallion worth?

The latest valuation of Medallion is $***** as of Jun 23, 2022.

When was the latest funding round of Medallion?

Medallion's latest funding was a $***** Series D round on Aug 18, 2025, with participation from 5 investors.

Where does Medallion rank among its competitors?

Medallion ranks 1st amongst 67 active competitors, of which 13 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Intiva Health, which secured $515K in Oct, 2025.

Who are the top competitors of Medallion?

Medallion's top competitors include Axuall, Verifiable and Certify. Among them, Intiva Health secured the most recent funding round in October, 2025.

Medallion - 2026 Company Profile, Team, Funding & Competitors

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 67 active competitors, including 13 funded and 10 that have exited. Its top competitors include companies like Axuall, Verifiable and Certify.

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

Series D, Aug 18, 2025, $*****

Post Money Valuation

$***** as on Jun 23, 2022

Investors

Spark Capital & 23 more

Ranked

1^st among 67 active competitors

Employee Count

533 as on Mar 31, 2026

Similar Companies

Axuall & 88 more

View Medallion's full profile

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	$8.63K (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)	-

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

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 18, 2025	3391147	Series D	4876820	8546627	3243601	6525205
Jun 23, 2022	5220768	Series C	9606445	8719685	5649267	Salesforce Ventures & 4 more
Nov 03, 2021	7163961	Series B	8223116	7424632	Sequoia Capital	Optum Ventures & 3 more

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View details of Medallion's funding rounds and investors

The founders of Medallion is Derek Lo. Derek Lo is the CEO of Medallion.

Here 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 533 employees as of Mar 26. Here is Medallion's employee count trend over the years:

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Top competitors of Medallion include Axuall, Verifiable and Certify. Here is the list of Top 10 competitors of Medallion, ranked by Tracxn score:

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	Acrew Capital, Spark Capital & 22 others	63/100
2nd	Axuall 2018, Cleveland (United States), Series B	Offers digital credentialing services for healthcare providers	$41M	Flare Capital Partners, Noro-Moseley Partners ... & 16 others	61/100
3rd	Verifiable 2019, Austin (United States), Series B	Cloud based credentials verification and monitoring software for healthcare providers	$50.1M	Craft Ventures, Tiger Global Management & 20 others	57/100
4th	Certify 2021, New York City (United States), Series B	A provider data technology platform to streamline healthcare management	$69M	Transformation Capital, General Catalyst ... & 16 others	55/100
5th	MedTrainer 2013, Redlands (United States), Series B	Cloud-based tools for credentialing, learning, and compliance management	$54M	Vista Equity Partners, Telescope Partners	54/100
6th	Verge Health 2001, Charleston (United States), Acquired	SaaS based solution to manage hospital processes, personnel and asses physician performance	$15.7M	424 Capital	51/100
7th	Silversheet 2014, Los Angeles (United States), Acquired	Medical credentialing solutions for healthcare organizations	$10.4M	Rincon Venture Partners, Summation Health Ventures ... & 16 others	51/100
8th	Hashed Health 2016, Nashville (United States), Series A	Consortium of healthcare companies leveraging blockchain	$10.8M	Whistler Capital Partners, UPMC Enterprises ... & 3 others	50/100
9th	andros 2013, New York City (United States), Series B	Provider of healthcare information management services	$47.9M	Questa Capital, Bowery Capital & 10 others	49/100
10th	Intiva Health 2017, Austin (United States), Seed	Healthcare parent company innovating wellness, credentialing, manufacturing, and holistic care	$515K	-	46/100