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American City Business Journals

The Funded: A health care management startup scored $35M in funding seven months after its last round

Venture funding may be increasingly difficult for many startups to secure, but Medallion isn’t one of them. The San Francisco company announced late last week it’s raised $35 million in a Series C round. The deal came about seven months after the startup, which offers a service that helps telehealth organizations sign on, verify the credentials of and manage physicians and other providers, raised a $30 million Series B. In between the two rounds, the company, legally known as FirstLayerAI Inc., has doubled its revenue and customer base, it said in a news release.

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