HomeHealthCredentialing platform Medallion raises $35M and more digital health fundings | NEWSRUX

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

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 whole elevate to $85 million, included participation from Salesforce Ventures, Sequoia Capital, Optum Ventures, BoxGroup and Elad Gil. Medallion introduced a $30 million Sequence B elevate in November and a $20 million Sequence 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 specialists with a contemporary, environment friendly and highly effective supplier community platform that well being programs, payers and digital care organizations can depend on,” CEO and founder Derek Lo mentioned in an announcement.

“With this extra funding, we’ll have the ability to speed up product improvement, develop our go-to-market group and deepen strategic partnerships throughout our platform as we proceed on our spectacular development 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 therapy, 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 change into households,” CEO and cofounder Daniella Gilboa mentioned in an announcement. “We’re delivering revolutionary 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 assist, 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 traders.

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 device may also help customers apply for help. 

The corporate mentioned it’s going to use the funds to develop to new markets. It presently operates in Miami-Dade County. Aidaly mentioned it is also engaged on partnering with insurers to supply its service as a profit to members.

“My dad was recognized with most cancers whereas I used to be in faculty. When it unfold to his mind, we have been compelled to abruptly shut his personal apply. The expertise was significantly robust on my mother, who went from being an empty nester to being a full-time caregiver,” CEO and founder Maggie Norris mentioned in an announcement.

“This expertise opened my eyes to the dearth of sources obtainable to those that are thrown right into a household caregiving position. 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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