Cityblock, the US-based operator of a local healthcare coordination platform, has received $65m in series B funding from investors including Sidewalk Labs, internet and technology group Alphabet’s urban infrastructure subsidiary.
The round was led by venture capital firm Redpoint Ventures and also featured health insurance provider EmblemHealth and Echo Health Ventures, the VC affiliate of health insurer Blue Cross and Blue Shield of North Carolina and healthcare provider Cambia Health Solutions.
8VC, StartUp Health, Thrive Capital, Maverick Ventures and Town Hall Ventures completed the round, which followed $20.8m in series A funding from Sidewalk Labs, Maverick, Thrive Capital and undisclosed strategic and angel investors in January 2018.
Cityblock was launched in 2017 after being incubated within Sidewalk Labs, and it has developed a care delivery platform called Commons, which coordinates personalised primary care, behavioural care and social services for members of its health plans.
The company has partnered EmblemHealth to open the first of what will be a network of local neighbourhood hubs, and it intends to work with Blue Cross and Blue Shield of North Carolina in expanding to the latter’s home state later this year.
Iyah Room, Cityblock’s co-founder and CEO, said in a blog post: “We will use this capital to continue to expand our team and footprint in existing and new markets, to invest in enhancing our technical product capabilities, and to add to the services we deliver to our members.”
Elliot Geidt, a partner at Redpoint Ventures, will join Cityblock’s board of directors in conjunction with its investment.
