Medallion
San Francisco
2024 Revenue
$50.6M(Est.)
Funding
$120M
Team
338
Founded
2020
Medallion Revenue & Funding (2024)
Medallion generated an estimated $50.6M in annual revenue in 2024. Source: GetLatka estimate
Medallion is the first solution for healthcare companies to streamline their clinician operations, state license management, payer enrollment, credentialing, and more, in one modern management platform. Our mission is to remove as much regulatory complexity as possible so that our customers and their providers can focus on what they do best: providing care to patients.
Last updated
Medallion Revenue
In 2024, Medallion's revenue reached $50.6M. The company previously reported $28M in 2023. Since its launch in 2020, Medallion has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Medallion Hit $50.6m revenue in October 2024 | Estimated |
| 2023 | Medallion Hit $28m revenue in December 2023 | Estimated |
| 2022 | Medallion Hit $13m revenue in January 2022 | Not recorded |
| 2020 | Launched with $0 revenue |
Medallion Valuation, Funding Rounds
Medallion has not publicly disclosed its valuation. The company has raised $120M in total funding to date.
Medallion has raised $120M in total funding across 3 rounds, most recently a $35M Series C round in 2022.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2022 | Series C | $35M | - | - | Not recorded |
| 2021 | Series B | $65M | - | - | Not recorded |
| 2021 | Series A | $20M | - | - | Not recorded |
Founder / CEO
Customers
We do not have customer count information for Medallion yet.
Medallion Employees & Team Size
Medallion employs approximately 338 people as of 2026, up from 328 in 2023, including 32 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 338 employees (December 2024) | Not recorded |
| 2024 | Reached 328 employees (October 2024) | Not recorded |
| 2023 | Reached 328 employees (December 2023) | Not recorded |
| 2022 | Reached 265 employees (January 2022) | Not recorded |
| 2021 | Reached 152 employees (January 2021) | Not recorded |
Frequently Asked Questions about Medallion
What is Medallion's revenue?
As of 2024, Medallion generated an estimated $50.6M in annual revenue.
Who founded Medallion?
Medallion was founded by Derek Lo.
Who is the CEO of Medallion?
The CEO of Medallion is Derek Lo.
How much funding does Medallion have?
Medallion raised $120M across 3 rounds.
How many employees does Medallion have?
As of 2024, Medallion had 338 employees.
Where is Medallion headquartered?
Medallion is headquartered in San Francisco.
Compare Medallion to the industry
Medallion operates across multiple industries. Browse revenue, funding, and growth data for Medallion in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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