Carbon Health banks another $350M to become ‘largest primary care provider in the U.S.’

Fierce Health Technology July 21, 2021
Dave Muoio

Carbon Health, a primary care provider combining brick-and-mortar clinics with virtual services, is targeting nationwide expansion with the announcement of a hefty $350 million funding round.

Led by Blackstone’s Horizon platform, the new investment will help the startup capitalize on its pandemic growth and add new technologic capabilities to its existing digital offerings. It also brings the six-year-old provider to a reported valuation of $3.3 billion.

“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...

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