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.