Medallion
San Francisco
2024 Revenue
$50.6M
Funding
$120M
YOY
80.7%
Team
338
Founded
2020
How Medallion CEO Derek Lo grew Medallion to $50.6M revenue with a 338 person team in 2024.
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 |
|---|---|
| 2024 | Medallion Hit $50.6m revenue in October 2024 |
| 2023 | Medallion Hit $28m revenue in December 2023 |
| 2022 | Medallion Hit $13m revenue in January 2022 |
| 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 |
|---|---|---|---|---|
| 2022 | Series C | $35M | - | - |
| 2021 | Series B | $65M | - | - |
| 2021 | Series A | $20M | - | - |
Medallion Employees & Team Size
Medallion employs approximately 338 people as of 2026, up from 328 in 2023.
Medallion has 338 total employees in different roles and functions and 32 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 338 employees (December 2024) |
| 2024 | Reached 328 employees (October 2024) |
| 2023 | Reached 328 employees (December 2023) |
| 2022 | Reached 265 employees (January 2022) |
| 2021 | Reached 152 employees (January 2021) |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Medallion yet.
Frequently Asked Questions about Medallion
What is Medallion's revenue?
Medallion generates $50.6M in 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.
How many employees does Medallion have?
Medallion has 338 employees.
Where is Medallion headquarters?
Medallion is headquartered in San Francisco.
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Compare Medallion to the industry
Medallion operates across multiple industries. Browse revenue, funding, and growth data for Medallion in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .