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Cityblock Health

cityblock.com

Founded Year

2017

Stage

Series D | Alive

Total Raised

$891.3M

Valuation

$0000 

Last Raised

$400M | 1 yr ago

About Cityblock Health

Cityblock Health is building a personalized health system that serves qualifying Medicaid or Medicare members who live in city neighborhoods that have traditionally gone without good health services. The company was founded in 2017 and is based in Brooklyn, New York.

Headquarters Location

495 Flatbush Ave #C5

Brooklyn, New York, 11255,

United States

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Cityblock Health's Products & Differentiators

    Cityblock

    The integrated offering for engaging, treating, caring for, and improving healthcare quality and cost outcomes for marginalized communities.

Expert Collections containing Cityblock Health

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Cityblock Health is included in 6 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,201 items

C

Conference Exhibitors

5,501 items

HLTH is a healthcare event bringing together startups and large companies from pharma, health insurance, business intelligence, and more to discuss the shifting landscape of healthcare

D

Digital Health 150

450 items

2019's cohort of the most promising digital health startups transforming the healthcare industry

V

Value-Based Care & Population Health

952 items

The VBC & Population Health collection includes companies that enable and deliver care models that address the health needs for defining populations along the continuum of care, including in the community setting, through participation, engagement, and targeted interventions.

D

Digital Health

13,118 items

Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)

T

Telehealth

2,854 items

Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.

Latest Cityblock Health News

Despite market downturn, 2022 is a banner year for unicorns

Oct 27, 2022

There's a new top unicorn in town. After barely missing the cutoff last year, OpenSea shot to the top of Crain's 2022 list of New York City's biggest tech unicorns . The nonfungible-token marketplace, which was valued at $1.5 billion last year, is now worth about $13.3 billion. In January, OpenSea raised more than $300 million from top VC firms including Coatue Management and Paradigm. Other impressive ascents on this year's list include Chainalysis, whose valuation more than doubled to $8.6 billion from last year, bumping it up seven slots, and Ramp, which also doubled in valuation and upgraded from the 12th slot last year to third. Related None of last year’s top five unicorns—Gemini, Attentive, Better, Cityblock Health and Ro—held fundraising rounds this year, keeping their valuations constant and landing them farther down the list. So far this year, there have been 176 newly-minted unicorns in North America, with a combined valuation of more than $286 billion. That’s a 50% drop from last year’s all-time high of 362 companies that crossed the billion-dollar valuation threshold, and an almost 70% fall from their collective $933 billion. However, 2022’s figures still far surpass all years prior to 2021, according to PitchBook data, despite some venture capitalists taking a more conservative approach to investing. “The VC investors that sustained these unicorns are pulling back the availability of capital,” said Kyle Stanford, a senior analyst at PitchBook. “Overall, all of these unicorns are in a very difficult spot.” With a nearly-nonexistent IPO market , next year could be another bumpy one for unicorns, especially those whose cash runways deplete. Once that happens, a company either can take on debt or take on the risk of holding a fundraising round that might result in a lower valuation, jeopardizing future capital and alienating current investors. Swedish fintech company Klarna, which popularized a “buy now, pay later” model, paints a cautionary tale: The company, which was valued at $45.6 billion last year, tanked 85% to a $6.7 billion valuation after holding a fundraising round this summer. “We do expect to see more pain in terms of down rounds and unplanned financings,” Stanford said. “They’ll need to extend their runway to survive until the IPO market comes back.”

Cityblock Health Web Traffic

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Cityblock Health Frequently Asked Questions (FAQ)

  • When was Cityblock Health founded?

    Cityblock Health was founded in 2017.

  • Where is Cityblock Health's headquarters?

    Cityblock Health's headquarters is located at 495 Flatbush Ave #C5, Brooklyn.

  • What is Cityblock Health's latest funding round?

    Cityblock Health's latest funding round is Series D.

  • How much did Cityblock Health raise?

    Cityblock Health raised a total of $891.3M.

  • Who are the investors of Cityblock Health?

    Investors of Cityblock Health include SoftBank Group, Thrive Capital, Maverick Ventures, Redpoint Ventures, Kinnevik and 14 more.

  • Who are Cityblock Health's competitors?

    Competitors of Cityblock Health include Upward Health and 3 more.

  • What products does Cityblock Health offer?

    Cityblock Health's products include Cityblock.

  • Who are Cityblock Health's customers?

    Customers of Cityblock Health include Emblem Health, ConnectiCare, Point32Health (Tufts), BCBS of North Carolina and CareFirst.

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