Health Startup for Low-Income Patients Hits $1 Billion Valuation
- Cityblock takes on poor patients with multiple diagnoses
- Fundraise of $160 million brings equity to $300 million
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Cityblock Health, a startup trying to improve health care for low-income patients with complex medical needs, has raised $160 million in an investment that values the company at more than $1 billion.
The new Series C fundraising brings Cityblock’s total equity investment to $300 million. It was led by by General Catalyst with participation from Wellington Management and some earlier investors.