Dealflow | December 14, 2020

Cityblock Health raises $160 million to support low-income patients

Roodgally Senatus
ImpactAlpha Editor

Roodgally Senatus

ImpactAlpha, December 14 — Brooklyn-based Cityblock Health aims to provide ‘value-based care’ in low-income communities in the U.S. (see, “Cityblock raises $65 million to expand low-income health services in the U.S.”).

Its $160 million Series C round was led by General Catalyst. Wellington Management, Thrive Capital, Maverick Ventures and Redpoint Ventures participated.

Cityblock, which has raised $300 million in equity financing, is valued at more than $1 billion. 

Last week, Elation Health, which helps doctor’s offices digitize patient records, raised $40 million from investors, including Generation Investment Management