Sidewalk Labs' health provision spinoff took its valuation above $1bn and its overall funding to about $300m in a General Catalyst-led series C round.
Cityblock Health, a US-based, low income-focused healthcare provider backed by internet and technology group Alphabet and health insurer EmblemHealth, closed its $160m series C round yesterday at a $1bn valuation.
The round was led by venture capital firm General Catalyst and included investment management firm Wellington Management, investment firm Kinnevik and VC firms Maverick Ventures, Thrive Capital and Redpoint Ventures.
Founded in 2017 as an offshoot of Alphabet subsidiary Sidewalk Labs, Cityblock partners health plans and local community organisations to…
