Cityblock Raises $65M in Series B Funding

cityblockCityblock, a Brooklyn, NY-based healthcare company focused on providing care to low-income communities, raised $65m in Series B funding.

The round was led by Redpoint Ventures, with participation from 8VC, Echo Health Ventures, StartUp Health, Sidewalk Labs, Thrive Capital, Maverick Ventures, Town Hall Ventures and EmblemHealth.

The company intends to use the funds to open more clinics and continue to develop its care delivery platform.

Led by CEO Iyah Romm, Cityblock provides personalized medical and behavioral health and social services across a number of clinics, which leverage a platform that enables care workers to cooperate and receive updates on patients, via real-time hospital admission alerts, tracking treatment progress tools and built-in SMS and video-visits.
All medical services are provided by licensed physicians and healthcare practitioners practicing within a group of independently owned and operated professional practices, known as “Cityblock Medical Practices.”

The company does not itself provide any physician, mental health professional, or other healthcare provider services.

FinSMEs

15/04/2019

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