+34%

est. 2Y upside i

HealthcareSeries D+

Medallion is the leading provider network management platform that unites provider operations and empowers end-to-end automation for credentialing, enrollment, and monitoring. We free healthcare teams to focus on what matters by enabling healthcare organizations to quickly and accurately manage and grow their provider networks with our AI-powered automation technology.

Rank

#1816

Sector

HealthTech

Est. Liquidity

~3Y

Data Quality

Data: High

Medallion offers a high growth opportunity with a strong moat, but faces significant incumbent threats.

Last updated: July 3, 2026

Bull (20%)+100%

Strong category leadership and IPO window could sustain a ~6x exit multiple on projected $144M revenue, yielding 100% upside after 20% dilution.

Base (40%)+57%

Exit multiple converges to ~6x on $144M revenue, netting ~57% upside after 20% dilution.

Bear (40%)-21%

Incumbent pressure from CAQH and symplr compresses multiple to ~3x, combined with dilution leads to -21% return.

Est. time to liquidity~2.5 years

Preference Stack Risk

high

Funding Intensity

30%

Total preferred liquidation preference of $130M represents 29.5% of current valuation, posing significant overhang on common in downside scenarios.

Dilution Risk

high

With high growth and potential burn, another round within 2 years could dilute common shareholders by 20%.

Secondary Liquidity

limited

No secondary market activity observed; liquidity likely tied to IPO or acquisition.

View all 28 open roles at Medallion →

Last updated: July 3, 2026

Questions to Ask at the Interview

Strategic questions based on Medallion's data — designed to show you've done your homework.

  • 1

    “How does Medallion's AI differentiate from CAQH's incumbent database?”

  • 2

    “What is the path to profitability and how does the subscription model scale?”

  • 3

    “In a downturn, how would your equity be impacted given the preference stack?”

Community

Valuation Sentiment

Our model estimates +34% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.