BusinessWire

CORRECTING and REPLACING Carbon Health Raises $28 Million in Series B1, Triples Staff, Begins National Virtual Care Rollout

Company Now Offering Virtual Care in the 10 Largest States Including Hard Hit New York, New Jersey, Florida, Serving Nearly Two-Thirds of the Country

SAN FRANCISCO--(BUSINESS WIRE)--Please replace the release dated May 11, 2020 with the following corrected version due to multiple revisions.


The corrected release reads:

CARBON HEALTH RAISES $28 MILLION IN SERIES B1, TRIPLES STAFF, BEGINS NATIONAL VIRTUAL CARE ROLLOUT

Company Now Offering Virtual Care in the 10 Largest States Including Hard Hit New York, New Jersey, Florida, Serving Nearly Two-Thirds of the Country

Carbon Health, the technology-enabled healthcare provider designed from the ground up to put patient-care first, announced today that it has tripled its headcount to combat the COVID-19 pandemic and extended its virtual care service to now serve nearly two-thirds of the U.S. population. The growth was made possible by its recent strategic round of funding of $28 million led by existing investor DCVC in an extended Series B, bringing the company’s total raised capital to $75 million.

“In a matter of weeks, this amazing team has tripled in size and driven dozens of initiatives at the frontlines of this pandemic, serving thousands of patients across California. I’m excited to begin expanding our reach nationwide at a time when our communities need healthcare resources more than ever,” said Eren Bali, Co-Founder and CEO of Carbon Health. “Expanding our testing efforts and virtual care footprint will help to reduce the pressure on local hospitals and clinics focused on COVID care, provide non-COVID patients the care they need without putting themselves at risk of exposure, and ensure communities across the country are healthy and well as we look towards reopening our economies.”

With the additional funding, the company has been at the forefront of the COVID-19 pandemic by adding the necessary staff and resources to offer extensive testing and care. In just the past two months, Carbon Health has tripled its staff from 100 to more than 300 employees, assessed over 14,000 coronavirus concerns through its Coronavirus Assessment Tool, and completed more than 12,000 COVID-19 tests across its clinics, COVID-19 Mobile Clinics, and its partnerships with the City of San Francisco and County of Los Angeles.

A key part of the personnel addition included hiring pediatric and mental health providers so that the company could extend its virtual care services to include urgent care, primary care, pediatrics and mental health. Carbon Health now offers virtual care in 16 states, 10 of those states being the largest in the U.S., with plans to be in all 50 states by this summer.

The expansion comes as the telehealth industry sees a surge in growth due to patients with COVID-19 concerns overwhelming hospitals and clinics, creating a challenge for patients seeking non-COVID healthcare needs. With a mobile-first platform that allows patients to conveniently access all of their care from a mobile app, Carbon Health is poised to be ahead of the curve in hassle-free, accessible virtual care, underscoring its mission to make world-class care accessible to everyone.

Carbon Health’s Virtual Care is now available in:

* Arizona

 

* California

* Florida

 

* Georgia

* Illinois

 

* Massachusetts

* Michigan

 

* New Jersey

* New York

 

* Nevada

* North Carolina

 

* Ohio

* Pennsylvania

 

* Texas

* Washington

 

* Virginia

“We are aware that millions of Americans have lost their jobs and their health insurance at a time when getting medical care is critically important,” Bali said. “We are focused on getting our virtual care services up and running across the country so that seeing a doctor is easy and affordable for anyone who needs care.”

Carbon Health’s virtual care is a video visit through the Carbon Health mobile app. A visit costs $49, about the same or less than insurance co-pays.

Based in the San Francisco Bay Area, Carbon Health is dedicated to building the world’s first truly connected, technology enabled healthcare provider that readily puts quality care within reach for all patients. To learn more and to try Carbon Health visit carbonhealth.com

About Carbon Health

Carbon Health is the technology-enabled healthcare provider designed from the ground up to put patient-care first. By combining technology with modern clinics, it delivers a uniquely seamless experience from virtual care to in-person care to meet patients where they are. Through its end-to-end technology platform that dramatically improves clinical efficiency, Carbon Health has rebuilt care delivery to enable physicians to focus on care and spend more time with their patients. Patient experience is further enhanced through the Carbon Health mobile app where patients can easily see all of their health records, book appointments, make payments or conduct a video visit from anywhere. With a team of engineers, designers and expert physicians, Carbon Health removes the boundaries to high-quality, transparent and personal care and envisions making patient-centric, world-class care accessible and a reality for everyone. Carbon Health is headquartered in San Francisco with clinics across California. To access Carbon Health, download the app (iTunes or Google Play) or visit carbonhealth.com.


Contacts

Sutherlandgold for Carbon Health
Carly Sylvester
carbonhealth@sutherlandgold.com

BusinessWire

CORRECTING and REPLACING Carbon Health Raises $28 Million in Series B1, Triples Staff, Begins National Virtual Care Rollout

Company Now Offering Virtual Care in the 10 Largest States Including Hard Hit New York, New Jersey, Florida, Serving Nearly Two-Thirds of the Country

SAN FRANCISCO--(BUSINESS WIRE)--Please replace the release dated May 11, 2020 with the following corrected version due to multiple revisions.


The corrected release reads:

CARBON HEALTH RAISES $28 MILLION IN SERIES B1, TRIPLES STAFF, BEGINS NATIONAL VIRTUAL CARE ROLLOUT

Company Now Offering Virtual Care in the 10 Largest States Including Hard Hit New York, New Jersey, Florida, Serving Nearly Two-Thirds of the Country

Carbon Health, the technology-enabled healthcare provider designed from the ground up to put patient-care first, announced today that it has tripled its headcount to combat the COVID-19 pandemic and extended its virtual care service to now serve nearly two-thirds of the U.S. population. The growth was made possible by its recent strategic round of funding of $28 million led by existing investor DCVC in an extended Series B, bringing the company’s total raised capital to $75 million.

“In a matter of weeks, this amazing team has tripled in size and driven dozens of initiatives at the frontlines of this pandemic, serving thousands of patients across California. I’m excited to begin expanding our reach nationwide at a time when our communities need healthcare resources more than ever,” said Eren Bali, Co-Founder and CEO of Carbon Health. “Expanding our testing efforts and virtual care footprint will help to reduce the pressure on local hospitals and clinics focused on COVID care, provide non-COVID patients the care they need without putting themselves at risk of exposure, and ensure communities across the country are healthy and well as we look towards reopening our economies.”

With the additional funding, the company has been at the forefront of the COVID-19 pandemic by adding the necessary staff and resources to offer extensive testing and care. In just the past two months, Carbon Health has tripled its staff from 100 to more than 300 employees, assessed over 14,000 coronavirus concerns through its Coronavirus Assessment Tool, and completed more than 12,000 COVID-19 tests across its clinics, COVID-19 Mobile Clinics, and its partnerships with the City of San Francisco and County of Los Angeles.

A key part of the personnel addition included hiring pediatric and mental health providers so that the company could extend its virtual care services to include urgent care, primary care, pediatrics and mental health. Carbon Health now offers virtual care in 16 states, 10 of those states being the largest in the U.S., with plans to be in all 50 states by this summer.

The expansion comes as the telehealth industry sees a surge in growth due to patients with COVID-19 concerns overwhelming hospitals and clinics, creating a challenge for patients seeking non-COVID healthcare needs. With a mobile-first platform that allows patients to conveniently access all of their care from a mobile app, Carbon Health is poised to be ahead of the curve in hassle-free, accessible virtual care, underscoring its mission to make world-class care accessible to everyone.

Carbon Health’s Virtual Care is now available in:

* Arizona

 

* California

* Florida

 

* Georgia

* Illinois

 

* Massachusetts

* Michigan

 

* New Jersey

* New York

 

* Nevada

* North Carolina

 

* Ohio

* Pennsylvania

 

* Texas

* Washington

 

* Virginia

“We are aware that millions of Americans have lost their jobs and their health insurance at a time when getting medical care is critically important,” Bali said. “We are focused on getting our virtual care services up and running across the country so that seeing a doctor is easy and affordable for anyone who needs care.”

Carbon Health’s virtual care is a video visit through the Carbon Health mobile app. A visit costs $49, about the same or less than insurance co-pays.

Based in the San Francisco Bay Area, Carbon Health is dedicated to building the world’s first truly connected, technology enabled healthcare provider that readily puts quality care within reach for all patients. To learn more and to try Carbon Health visit carbonhealth.com

About Carbon Health

Carbon Health is the technology-enabled healthcare provider designed from the ground up to put patient-care first. By combining technology with modern clinics, it delivers a uniquely seamless experience from virtual care to in-person care to meet patients where they are. Through its end-to-end technology platform that dramatically improves clinical efficiency, Carbon Health has rebuilt care delivery to enable physicians to focus on care and spend more time with their patients. Patient experience is further enhanced through the Carbon Health mobile app where patients can easily see all of their health records, book appointments, make payments or conduct a video visit from anywhere. With a team of engineers, designers and expert physicians, Carbon Health removes the boundaries to high-quality, transparent and personal care and envisions making patient-centric, world-class care accessible and a reality for everyone. Carbon Health is headquartered in San Francisco with clinics across California. To access Carbon Health, download the app (iTunes or Google Play) or visit carbonhealth.com.


Contacts

Sutherlandgold for Carbon Health
Carly Sylvester
carbonhealth@sutherlandgold.com