Carbon Health has launched a Series C round of $ 100 million in funding led by Dragoneer Investment Group and including past investors Brookfield Technology Partners, DCVC and Builders VC. These funds will be used to help the SF-based healthcare provider startup expand its nationwide presence, including the opening of 100 pop-up clinics planned for 20 markets in the United States.
Last year, Carbon Health expanded from just seven to 27 clinics in six different states. The primary care company has also introduced virtual care options, with an emphasis on omnichannel care or providing services in the most convenient, effective and appropriate way for its customers. The startup has always sought a hybrid approach to care, but emphasizes the flexibility of its model in response to COVID-19 and, in particular, has accelerated its plans for its pop-up clinics.
These are deployed in underutilized spaces in regions where additional maintenance options are required, including parking lots and garages. Carbon Health teamed up with Reef Technology early on in opening these locations and used shipping container-style mobile trailers for on-site supplies. Eren Bali, Founder and CEO of Carbon Health explained to me that while remote care can be very effective, in some cases it requires the assistance of a nurse with virtual, doctor-led services to provide a complete solution for clients.
The company is also keen to use this model to support greater testing capacity and ultimately provide an infrastructure that can help spread COVID-19 vaccines once it is operational. While some scientific results this week have been very promising, including at Pfizer In the phase 3 clinical trial, running a national vaccine vaccination program ultimately requires the collaboration of many stakeholders, including first responders.