6 years ago
Babylon Health Raises €495 Million to Expand Healthcare Services Globally
Babylon Health, a London-based digital healthcare platform, has raised €495 million in Series C funding, the largest round to date for a European or US digital health delivery startup
The funding will be used for product innovation to cover chronic conditions and expansion into the US and Asia
Babylon has scaled considerably since its last funding round in 2017, creating an end-to-end platform for AI-driven health services and virtual medical consultations
The company has secured contracts with global partners including Prudential, Samsung, Telus, Bupa and the UK’s NHS.
ProblemHealthcare
"making healthcare more affordable and accessible for people everywhere"
Solution
"provides free health checks, allows consultation with a doctor 24/7, and has prescriptions delivered"