ImpactAlpha, April 15 – Cityblock launched in 2017 with a mission to bridge and improve healthcare services in low-income communities in the U.S. The firm raised $65 million in a Series B round, led by Redpoint Ventures.
Brooklyn-based Cityblock calls itself a “tech-driven provider for communities with complex needs.” The startup partners with community health organizations to deliver primary care, behavioral health and social services to Medicaid and low-income Medicare recipients. The backbone of its model is a software platform called Commons that links Cityblocks’ partners and care providers.
Last year, Cityblock launched its first local clinic in Brooklyn in partnership with New York-based non-profit health insurer EmblemHealth. It has since expanded to Connecticut though a partnership with health provider ConnectiCare and plans to open clinics in North Carolina in 2019.
Cityblock is a spinoff of Sidewalk Labs, Alphabet’s urban innovation incubator. Sidewalk Labs backed the company’s $20.8 million Series A round, along with Maverick Ventures and Thrive Capital. Townhall Ventures, led by former Obama administration health official Andy Slavitt, is also a prior investor, which re-upped in Cityblock’s Series B, along with Maverick, Thrive and Sidewalk Labs.
