Carbon Health, a modern, tech-enabled healthcare company that provides smart, hassle-free primary and urgent care, has announced that it closed a $100 million Series C funding round led by Dragoneer Investment Group.
The California-based company said that it has grown from seven to 27 clinics in the last year, achieving a six-fold increase in patient volume. It delivers a seamless experience from virtual care to in-person care.
Carbon Health’s virtual care offerings have expanded to 16 states. The company aims to open up 100 pop-up COVID-19 clinics before the end of winter.
Co-founder and CEO of Carbon Health Eren Bali said, “A striking one in five counties in the [U.S.] is a healthcare desert, and this year the COVID-19 pandemic exposed the profound effects of these disparities and weaknesses in our healthcare system.”
“Our mission is to solve these problems – and with help from this investment, we can accelerate our plans to deliver accessible preventative and chronic illness care to close the healthcare gap in this country,” he added.
Another healthcare company Buoy Health, an AI-driven digital assistant that helps people self-diagnose and get the right care at the right time, has wrapped up a $37.5 million Series C funding round.
The Massachusetts-based startup said that its platform has been used by more than one million Americans to either check their symptoms or seek an appropriate primary care provider during the ongoing COVID-19 pandemic.
Buoy said the funds would help develop its AI and other tech features, improving its clinical navigation capabilities and expanding its workforce.
Cigna And Express Scripts teamed up with Buoy Health to offer digital COVID-19 screening tools in April 2020.
Tom Richards, Global Leader for Strategy & Business Development for Cigna, said, “We remain focused on bringing highest value solutions that connect customers to the right care, at the right place, at the right time.”
“Buoy’s ‘first-step’ digital actions that triage symptoms and provide next steps for care do just that,” he added. “Since the start of COVID-19, we’ve been able to support up to 140,000 COVID assessments and look forward to continuing our partnership to help employers manage safe returns to the office.”
Meanwhile, Togetherall, a UK-based mental health online platform founded in 2007 as Big White Wall, collected $10 million from investor FPE Capital LLP.
Togetherall is an online community for people who are stressed, anxious, or feeling low, according to NHS. It has an active forum with round-the-clock support from trained professionals.
CEO of Togetherall Henry Jones said, “Togetherall’s goal is to build a global business giving as many people as possible a safe, online community where they can offer and receive support at times of anxiety and isolation. Partnering with FPE, such an experienced technology investor, is a huge boost to our ambitious plans for the growth of our impact.”
Another California-based company called Unlearn.AI found a new investor in Eisai. Its first product is specifically designed for use in Alzheimer’s disease research. The article originally appeared on Mobi Health News.
