Medallion
Medallion automates the painful process of healthcare provider credentialing and insurance enrollment. What used to take months of paperwork now takes weeks, and their software keeps provider information up to date across every payer. Used by telehealth companies and health systems to onboard providers faster.
- Location
- San Francisco, USA
- Raised
- $85M
- Stage
- Series C
- Founded
- 2020
- Category
- SaaS
- Funding
- VC-backed
- Team
- 51–200
Funding figures as of Jul 2025 · not independently verified
Founders of Medallion
- Derek Lo
Investors backing Medallion
- Sequoia
- a16z
Frequently asked questions
What does Medallion do?
Medallion automates the painful process of healthcare provider credentialing and insurance enrollment. What used to take months of paperwork now takes weeks, and their software keeps provider information up to date across every payer. Used by telehealth companies and health systems to onboard providers faster.
Where is Medallion based?
Medallion is based in San Francisco, USA.
When was Medallion founded?
Medallion was founded in 2020.
How much has Medallion raised?
Medallion has raised $85M in their Series C round as of Jul 2025.
Who founded Medallion?
Medallion was founded by Derek Lo.
Who has invested in Medallion?
Medallion is backed by Sequoia, a16z.
How Medallion would pitch themselves
○ Auto-generated01Target customer
Business teams looking for modern saas tooling — replacing legacy software or building net-new workflows in this category.
02Problem they solve
Medallion automates the painful process of healthcare provider credentialing and insurance enrollment. What used to take months of paperwork now takes weeks, and their software keeps provider information up to date acro… The category has historically been served by tools that miss the modern workflow this product is built around.
03Key differentiator
Medallion differentiates on healthcare provider credentialing and enrollment. Backed by Sequoia + a16z, $85M raised — the company has resources + validation to compound this thesis. Founded by Derek Lo.
04Go-to-market strategy
Growth-stage GTM — multi-channel revenue motion (direct enterprise sales, channel partnerships, marketplace listings). Vertical specialisation + verticalised AE teams targeting enterprise + mid-market.