Carbon Health Secures $100M in Series D Funding

Carbon Health

Carbon Health, a San Francisco, CA-based hybrid healthcare company, raised $100M in Series D funding.

The round was led by CVS Health Ventures.

The company intends to use the funds to scale its Connective Care model into new geographies, sign new value-based care arrangements, and invest in technology as it aims to be a national leader in primary and urgent care.

Led by CEO Eren Bali, Carbon Health is a healthcare company offering hybrid care for everyday health. By combining custom technology with expert care, Carbon Health enables patients to establish a direct relationship with an integrated team, monitor and manage their health on the go, and access in-person care when and where they need it.

With more than 125 physical locations in 13 states, widespread virtual care coverage, and an average NPS of 85, Carbon Health Connective Care blends software and expert care so every patient can establish a relationship with their own integrated team, monitor and manage their health on the go, and access in-person care when and where they need it.

In addition to the investment, CVS Health will also pilot the Carbon Health operating model inside select existing CVS Health locations, leveraging the Carbon Health model and software to help power the patient experience for CVS consumers.

FinSMEs

09/01/2023