Cedar Named to the 2021 CB Insights Fintech 250 List of Top Fintech Startups
Cedar recognized for its achievements in providing a frictionless healthcare billing experience
NEW YORK - Cedar, a market-leading healthcare financial technology platform, announced today its inclusion in CB Insights' fourth annual Fintech 250, a prestigious list of emerging private companies working on groundbreaking financial technology. This year’s list was unveiled on stage at CB Insights’ Future of Fintech conference in New York City. Following recent company growth, this recognition further demonstrates the market need Cedar is meeting to transform the healthcare finance experience.
“This is the fourth class of the Fintech 250, and it’s also the most international, representing 26 countries. These 250 fintech startups are attacking an incredibly diverse array of financial services opportunities across 19 sectors, including digital banking, insurance, payroll, retail investing, and more,” said CB Insights CEO Anand Sanwal. “After being named to the CB Insights Fintech 250 last year, the 2020 class saw 17 companies go public and 25 get acquired. They also went on to raise over $25B in additional financing and forged more than 380 new partnerships after being recognized. The Fintech 250 has a history of spotlighting the very best fintech companies, and this year is no different. We're excited to see how these fintech startups disrupt and transform financial services in the years ahead."
“Since our inception, Cedar has been zeroed in on how we can most effectively grow the company while delivering best-in-class financial services in an industry that has been historically slow to innovate,” said Florian Otto, CEO and co-founder of Cedar. “We are honored to receive this recognition from CB Insights on the Fintech 250 for our achievements in personalized patient billing and helping ease fintech challenges for healthcare consumers, providers, and payers alike.”
Through an evidence-based approach, the CB Insights Intelligence Unit selected the Fintech 250 from a pool of over 17,000 companies, including applicants and nominees. They were chosen based on several factors, including data submitted by the companies, company business models and momentum in the market, and Mosaic scores, CB Insights’ proprietary algorithm that measures the overall health and growth potential of private companies.
Cedar is on a mission to empower individuals to easily and affordably pursue the care they need. Its platform is helping transform one of the worst experiences a consumer can have—healthcare finance—through the power of fintech innovation. The company is committed to delivering a more intuitive and seamless consumer financial experience in healthcare and making healthcare more collaborative between payers and providers and more certain for consumers.
To learn more about Cedar and its complete healthcare financial technology platform, please visit www.cedar.com.
Cedar's mission is to empower us all to easily and affordably pursue the care we need. As the only complete solution to address all of the challenges consumers face when paying for healthcare, Cedar enables a better and more transparent financial experience. To learn more, visit www.cedar.com.
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PR & Communications Manager
For CB Insights