Carbon Health, a San Francisco, CA-based technology-enabled healthcare provider, secured $100m in Series C funding.
The round was led by Dragoneer Investment Group, with participation from existing investors Brookfield Technology Partners (BTP), DCVC, and Builders VC.
The company intends to use the funds to further advance its omnichannel care strategy and scale nationally as a primary care provider.
Led by Eren Bali, co-founder and CEO, Carbon Health provides a tech-enabled omnichannel care platform, which enables patients to receive care from providers at a wide variety of access points: clinics, pop-up sites, video, the app, and on-site at their employers.
Over the last year, the company has grown, increasing its clinic presence from seven to 27 clinics across six states and introducing virtual care to 16 states. Today, Carbon Health provides access to care to nearly two-thirds of the country, and it plans to grow its clinic footprint to 1,500 locations across the U.S. by 2025, focusing on increasing access to care in healthcare deserts.
The company is also building out its evidence-based specialty programs, such as chronic illness management and women’s health, and has launched one of its first specialty-based initiatives — a cross-disciplinary COVID Positive Care program that provides patients who have tested positive for COVID-19 a pathway to recovery.