Carbon Health raises $30 million in Series B capital to make care accessible

The startup currently has clinics in California and plans to use this capital to reach patients in underserved regions across the country.

Written by Folake Dosu
Published on Jun. 17, 2019
Carbon Health raises $30 million in Series B capital to make care accessible

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With a mission to make world-class care personal and accessible to all, Carbon Health has raised $30 million in Series B funding, according to a press statement

Brookfield Growth Partners, whose Managing Director Josh Raffaelli joined Carbon Health’s Board of Directors led the round. New investors DCVC and founders from pioneering healthcare businesses Flatiron Health and Clover Health participated as well. The health tech startup also secured funding from existing investors Builders VC, Bullpen Capital, Javelin Venture Partners and Two Sigma Ventures.

The patient care tech startup currently has clinics in California. With this funding, the company plans to reach more of the 30 million Americans who lack basic access to healthcare services through an expansion over the next decade.

“The healthcare industry is on the verge of a major transition and we are leading the charge of what the future of healthcare will look like.”

“We are thrilled to partner with Brookfield as well as our new and existing investors to accelerate our goal of making world-class patient care accessible to everyone,” said Eren Bali, Co-Founder and CEO of Carbon Health. “The healthcare industry is on the verge of a major transition and we are leading the charge of what the future of healthcare will look like.”

Designed from the ground-up with patient care at its core, Carbon Health’s modern clinics and unique technology platform differs from similar healthcare startups due to the lack of membership or additional fees. To-date, Carbon Health has served over 100,000 patients and completed more than 200,000 appointments. 

“Carbon Health is reimagining the way patients and providers experience healthcare and is well-positioned to advance its leadership position in the rapidly expanding U.S. clinic retail market,” said Raffaelli in a statement. “Eren is a proven entrepreneur with an impressive track record of building successful businesses, and we are proud to support his efforts to lead the healthcare revolution.”

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