Andreessen Horowitz led a $102m Series C round in Cedar.

Andreessen Horowitz led a $102m Series C round in Cedar, a patient payment and engagement platform. The deal includes $77m in venture capital and $25m from JP Morgan in venture debt. Other participants in the fundraising round include Kaiser Permanente and Cedar’s current investors including Kinnevik, Thrive Capital, Lakestar and Founders Fund. "Cedar’s leadership team brings together medical, healthcare technology and deep software expertise that puts them in a unique position to drastically transform the way patients interact with healthcare providers. We've been extremely impressed by the patient payment solutions they've built and look forward to partnering to help them deliver on their mission to allow healthcare providers to understand and engage with patients more effectively," Scott Kupor, Andreessen Horowitz Managing Partner.