Babylon Health

London, United Kingdom · Founded 2013 · $635.0M raised

Headquarters
London
Employees
1001–5000
Founded
2013
Business Model
B2C
Total Funding
$635.0M
Last Round
$550.0M Series CAug 2019
Rounds
3

About

Babylon Health was a London-based health technology company founded in 2013 by Ali Parsa that used artificial intelligence and virtual clinical operations to connect patients with healthcare professionals. The company's subscription-based model launched in the UK and expanded to 17 countries including the United States, Rwanda, and multiple Asian markets. At its peak in 2021, Babylon employed over 2,100 people and reported revenue of $322.9 million. The company went public on the NYSE under ticker BBLN but collapsed into administration in September 2023 and its assets were acquired by eMed Healthcare UK.

Summary

Babylon Health is a Healthcare company based in London, United Kingdom, founded in 2013. It has raised $635.0M in total across 3 rounds, most recently a $550.0M Series C round in Aug 2019. Investors include Kinnevik.

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Funding History

Series CSeries CAug 2019
$550.0M

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Investors

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