With rapid patient and clinic growth, Carbon Health doubles down on its mission to become a national healthcare provider for all Americans.
Carbon Health, a leading omnichannel healthcare provider, announced that it has raised $350 million. The investment enables Carbon Health to further accelerate its expansion to become the largest primary care provider in the U.S.
“We believe that everyone deserves great health, and that there is still a tremendous opportunity to close the immense healthcare gap that widened during the COVID-19 pandemic,” said Eren Bali, co-founder and CEO of Carbon Health.
The round was led by Blackstone’s Horizon platform with participation from Atreides, Homebrew, Hudson Bay Capital, Intersect Capital, Fifth Wall, Lux Capital, Silver Lake Waterman, and funds and accounts managed by BlackRock, as well as several individual investors.
Since its last fundraising round in November 2020, Carbon Health has experienced a 129 percent increase in patient volume, with availability having expanded to more than 75 percent of people in the U.S.
To address the healthcare needs that arose during the COVID-19 pandemic, Carbon Health scaled from 800 to 1,600 full-time employees, expanded virtual care to 23 states, and opened more than 80 clinics in 12 states, with plans to expand to 1,500 clinics by 2025.
About Carbon Health
Carbon Health is a leading national healthcare provider with a mission to bring high-quality healthcare to everyone. Founded in 2015, Carbon Health is backed by Blackstone, Dragoneer Investment Group, Brookfield Technology Partners (BTP), Fifth Wall, Lux Capital, Silver Lake Waterman, DCVC, and Builders VC.
