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Cedar is a company operating in the personal finance, health information technology, and healthcare industries. It was founded in 2016 by Arel Lidow and Florian Otto, who currently serves as the CEO. The company is headquartered in New York City and is actively operating in the United States.
Focusing on the B2B market, Cedar provides financial services, health, hospital management, and enterprise solutions, such as software as a service (SaaS) and payment services. The company's mission is to make a social impact in the finance, technology, financial technology, and digital health sectors.
As of September 3, 2021, Cedar has raised a total of $351 million in funding, with its latest funding being a Series D round amounting to $200 million. This funding round resulted in a post-money valuation of $3.2 billion.
Cedar's list of investors includes notable names like Founders Fund, Thrive Capital, Lakestar, Kinnevik, Andreessen Horowitz (a16z), Tiger Global Management, Concord Health Partners, and JPMorgan Chase. Some individual investors include Instagram co-founder Kevin Systrom, former NFL player Jerod Mayo, and oncologist Jeffrey L. Vacirca.
The company's legal name is Cedar Cares, Inc., and its office is located at 95 Morton Street, New York, NY 10014, US.