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

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

The spherical, which brings Medallion’s whole 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.

“Medallions mission from day one has been to enable continuous, cost-effective care to patients by combining an industry-leading team of healthcare operations experts with a modern, efficient and powerful provider network platform that health systems, payers and virtual care organizations can rely on,” CEO and founder Derek Lo stated in a press release.

“With this additional funding, well be able to accelerate product development, expand our go-to-market organization and deepen strategic partnerships across our platform as we continue on our impressive growth trajectory.”

Israeli fertility startup AiVF raised $25 million in a Series A funding spherical led by Insight Partners, with participation from 166 2nd.

The firm 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 US and Europe. AiVF additionally plans to make use of the capital to rent more staff and develop new fertility instruments.

“Our vision is to help individuals realize their dream to become families,” CEO and cofounder Daniella Gilboa stated in a press release. “We are delivering innovative products to the market while enhancing the science of reproductive medicine to drive the next generation 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 Venture Partners, Operator Partners, Precursor Ventures, Primetime Partners, 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 search out public, personal and native applications that would present monetary assist. If applications can be found, Aidaly’s instrument may help customers apply for help.

The firm stated it would use the funds to increase to new markets. It presently 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 diagnosed with cancer while I was in college. When it spread to his brain, we were forced to abruptly close his private practice. The experience was particularly tough on my mom, who went from being an empty nester to being a full -time caregiver,” CEO and founder Maggie Norris stated in a press release.

“This experience opened my eyes to the lack of resources available to those who are thrown into a family caregiving role. Aidaly’s mission is to empower unpaid family caregivers with the compensation, coaching and financial services needed to care for their loved ones.”


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