Babylon Healthcare Services

Healthcare ITSeries CLondon, UKbabylonhealth.com

Latest round

Series C

Last raised

Aug 2019

Total raised

$579M

Investors

7

About Babylon Healthcare Services

Based in London, UK, and founded in 2013, Babylon Healthcare Services Limited is a digital health company that combines AI and delivers access to healthcare including personalized health assessments, treatment advice, and face-to-face appointments through its mobile application.2 billion with a PIPE proceed of USD 230 million, at USD 10 per share. The company utilizes and provides AI technology in primary care and treats common medical conditions such as acne, allergies, asthma, bronchitis, chronic sinusitis, coronavirus, depression, eczema, insomnia, and warts among many others. Babylon offers digital consultation and in-person specialist advice. Additionally, Babylon’s healthcare services are provided through its app and include covid-19 care assistant, video appointments, prescriptions, and interactive symptom checker as well as monitoring of and insights on the user’s health. The company serves 170 global partners and several members in countries across 4 continents and has operations in the US, UK, Canada, Rwanda, and other countries across APAC and Middle East. Babylon provides businesses with insights on the health of their team, insurers, pharmaceutical companies, healthcare providers, as well as NHS (National Health Systems), governments, and foundations. Babylon reported revenue of USD 79 million in 2020. The company offers Babylon GP at Hand and several other free tools; however, it generates revenue through a subscription model charged at GBP 149 billed annually and GBP 49 per consultation. Babylon also offers on-off appointments with specialists charged at GBP 39 for subscribers and GBP 59 for non-subscribers for a therapist and EUR 49 and EUR 79 for subscribers and non-subscribers for a specialist.

Who invested in Babylon Healthcare Services

7 investors across 3 rounds

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Funding rounds

  1. Series C

    Aug 2, 2019

    Amount

    $493M

    Investors

    Locked

  2. Series B

    Apr 25, 2017

    Amount

    $61M

    Investors

    Locked

  3. Series A

    Jan 14, 2016

    Amount

    $25M

    Investors

    Locked

Questions about Babylon Healthcare Services

Who invested in Babylon Healthcare Services?

Babylon Healthcare Services has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Babylon Healthcare Services raised?

Babylon Healthcare Services has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Babylon Healthcare Services last raise money?

Babylon Healthcare Services's most recent round on record is a Series C, in Aug 2019.

What does Babylon Healthcare Services do?

Based in London, UK, and founded in 2013, Babylon Healthcare Services Limited is a digital health company that combines AI and delivers access to healthcare including personalized health assessments, treatment advice, and face-to-face appointments through its mobile application.

Where is Babylon Healthcare Services headquartered?

Babylon Healthcare Services is headquartered in London, UK.

Which VCs invest in companies like Babylon Healthcare Services?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Generation Investment Management back healthcare it companies at Babylon Healthcare Services's stage. Their profiles are linked below.

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