Babylon Raises $25M in Series A Funding

babylon-health-logoBabylon, a London, UK-based digital healthcare startup, raised $25m in Series A funding.

The round was reportedly led by Investment AB Kinnevik, with participation from Hoxton Ventures, Jon Wright, Richard Reed, Adam Balon, Demis Hassabis and Mustafa Suleyman.

The company intends to use the funds to continue to grow operations and expand globally.

Led by Ali Parsa, Founder and CEO, Babylon delivers healthcare via mobile phone. Available in the uK and recently launched in Ireland, the platform
allows people to consult with a doctor or therapist and get medical advice.
It features video or phone consultations with qualified doctors within minutes, specialist and therapist appointment tools, the possibility to text health-related questions to a doctor for free, functionalities to monitor health by tracking daily activities and key body functions.
Unlimited GP consultations is available for £4.99/€7.99 per month while pay-as-you-go access costs £49 per hourly consultation.

Babylon is also used by UK businesses to offer the service to their employees.

The company is hiring.



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