Multimodal healthcare provider Carbon Health has closed a massive $350 million investment round led by Blackstone’s Horizon platform. The new capital brings Carbon Health’s valuation to $3.3 billion, Forbes reports.
Additional participation came from Atreides, Homebrew, Hudson Bay Capital, Intersect Capital, Fifth Wall, Lux Capital, Silver Lake Waterman, Dragoneer Investment Group, and Brookfield Technology Partners.
A group of individual investors also chipped in, including Amazon Worldwide Consumer CEO David Clark, Salesforce co-founder and CTO Parker Harris, founding board member of Salesforce and Executive Chair of Informed Magdalena Yesil, Stripe Head of Banking Karim Temsamani, activists Shepard and Amanda Fairey, NBA players Klay Thompson and Khris Middleton, MLB players Nolan Arenado and Matt Chapman, MLS soccer player Weston McKinnie, and former NFL player Alex Smith.
Carbon Health plans to use the cash to fuel expansion as it works to become “the largest primary care provider in the U.S.”
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“We believe that everyone deserves great health and that there is still a tremendous opportunity to close the immense healthcare gap that widened during the COVID-19 pandemic,” Eren Bali, co-founder, and CEO of Carbon Health, said in a statement.
“This investment allows Carbon Health to bring our unique offering of high-end — but not high-cost — healthcare to even more people in the U.S. We will be able to continue building infrastructure and technology that make incredible longitudinal care accessible to the masses, without hidden fees or membership requirements.”
Source: Mobihealthnews
