Medallion, a San Francisco, CA-based AI-powered infrastructure platform, has raised $43 million in funding.
Investors
The round was led by Acrew Capital, with participation from Washington Harbour Partners, Sequoia Capital, GV, Spark Capital, NFDG, and others.
Acrew Capital is a venture capital firm based in Palo Alto, California, that manages over $1.7 billion in assets. The firm invests in early-stage startups at the Seed and Series A stages. Their investment theses are centered on data and security, fintech, health, and community-activated networks.
Medallion Use of Funds
The company will use the funds to expand its AI automation platform, scale CredAlliance, a shared credentialing infrastructure for payers, and grow its go-to-market teams and partnerships.
About Medallion
Medallion provides an AI-powered provider network infrastructure that automates and streamlines back-office operations for healthcare organizations and health plans. By replacing repetitive, manual workflows with intelligent automation, Medallion simplifies credentialing, enrollment, onboarding, and compliance processes. Headquartered in San Francisco, California, Medallion's mission is to eliminate the operational waste that stands in the way of care.
Funding Details
Company: Medallion
Raised: $43.0M
Round: Unknown
Funding Date: August 2025
Lead Investor: Acrew Capital
Additional Investors: Washington Harbour Partners, Sequoia Capital, GV, Spark Capital, NFDG, and others
Company Website: https://medallion.co/
Software Category: Healthcare AI / Provider Network Infrastructure
Source: https://www.prnewswire.com/news-releases/medallion-raises-43-million-to-expand-ai-infrastructure-and-launch-the-first-national-credentialing-clearinghouse-302532154.html