Carbon Health rakes in $6.5 mln in BuildersVC-led round


Carbon Health, a mobile-based connected healthcare network, has secured $6.5 million in funding. BuildersVC led the round with participation from other investors that included Javelin Venture Partners, Two Sigma Ventures and Bullpen Capital.

PRESS RELEASE

SAN FRANCISCO, CA (March 29, 2017) — Carbon Health, a mobile-based connected healthcare network, announced it has raised $6.5M in its first institutional round of venture funding led by BuildersVC with participation from Javelin Venture Partners, Two Sigma Ventures and Bullpen Capital among others and prominent angel investors including Aaron Patzer, Elad Gil and Russ Fradin. The investment will allow the company, which has been quietly testing its fully mobile healthcare experience at their San Francisco clinic, to accelerate development and start rolling out the platform to independent healthcare practices nationwide. Carbon Health’s integration with clinics, insurance companies, pharmacies, labs and medical imaging centers gives patients virtual access to their providers and allows them to schedule appointments, make payments, fill prescriptions, access medical records and more – all through their mobile device.

Eren Bali, who previously led Udemy to become the world’s largest marketplace for online education, founded Carbon Health to build a new healthcare system from the ground up by creating the world’s first marketplace that connects healthcare practices with patients through their groundbreaking technology. The company’s unified technology platform offers providers end-to-end care – including scheduling, electronic health records, telehealth and billing – to streamline their practice and reduce administrative overhead.

“To deliver the best experience possible, we’ve been perfecting the model for the past six months through our primary care clinic in San Francisco. I’m excited to finally expand our practice in the Bay Area and roll out our practices nationwide,” remarked Eren Bali founder and CEO. “The Carbon team brings doctors, designers and engineers together to build a healthcare experience that makes sense to both patients and physicians. We believe doctors truly care about their patients, and with the right technology platform they can give a dramatically better patient experience while actually reducing their costs.”

“I’m excited to partner again with Eren to reimagine an antiquated industry,” stated BuildersVC General Partner Paul Lee, who previously led the Series A for Udemy and is leading Carbon Health’s first institutional round of venture funding. “The learnings from growing Udemy together will be invaluable as we seek to disrupt healthcare.”

Patients can experience Carbon Health today through their iPhone and Android devices.

About Carbon Health
Carbon Health was founded in 2016 when CEO Eren Bali and co-founders Tom Berry and Dr. Greg Burrell decided to reimagine healthcare by building a completely new healthcare system from the ground up. Carbon brings the marketplace model to healthcare, connecting practices with a unified technology platform and giving patients access to all of their providers through their mobile device. Carbon currently has a primary care clinic in San Francisco and provides virtual care throughout California. More locations coming soon. Please visit carbonhealth.com to learn more.

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