+87%

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

#528

Sector

Healthcare Technology

Est. Liquidity

~3Y

Data Quality

Data: Medium

Medallion offers a high-growth opportunity with expected 87% upside over 2 years, though liquidity may take longer.

Last updated: July 19, 2026

Bull (30%)+80%

Bull case assumes exit multiple expands to 10x due to AI-driven market leadership and potential IPO window, yielding $1.45B exit. After 20% dilution, upside for common stock is +80%.

Base (55%)+111%

Base case multiple converges to 7x forward revenue, similar to public SaaS peers, giving $1.015B exit. After dilution, upside +111%.

Bear (15%)+12%

Bear case multiple compresses to 4x, valuing at $580M. Preference stack of $130M reduces common upside to +12% after dilution.

Est. time to liquidity~3.0 years

Preference Stack Risk

high

Funding Intensity

2950%

Total funding of $130M represents 29.5% of current $440M valuation, creating a high preference overhang.

Dilution Risk

high

Given high cash burn and recent Series D, additional fundraising within 2 years is likely, potentially diluting existing holders by 15-25%.

Secondary Liquidity

none

No secondary market activity observed; liquidity expected only through IPO or acquisition.

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 automation reduce provider enrollment times compared to legacy incumbents?”

  • 2

    “What is the TAM for healthcare provider network management and how does Medallion's current penetration map to it?”

  • 3

    “Given the high growth rate, how does the company plan to balance scaling with path to profitability?”

Community

Valuation Sentiment

Our model estimates +87% 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.