Carbon Health Secures $30 Million Series B Funding to Expand Home Care App and Enhance Telehealth Platform

VCBeat (WeChat ID: vcbeat) has learned from foreign media that U.S. healthcare company Carbon Health recently completed a $30 million Series B financing round. The proceeds will be used to support the expansion of its healthcare platform, delivering efficient medical care services to customers.

It is reported that this round of financing was led by Brookfield Asset Management, with participation from Javelin Venture Partners. In addition, Carbon Health has expanded the size of its board of directors, and Josh Raffaelli, Managing Director at Brookfield Growth Partners, has joined the Carbon Health board of directors.

Carbon Health, founded in 2015 and headquartered in California, USA, is a healthcare company focused on personal health, dedicated to optimizing customers’ primary care and urgent care experiences.

The Carbon App is the company’s primary service platform, providing customers with timely and convenient diagnostic and treatment services. It offers the following advantages: (1) Instant virtual doctor consultations. From 9:00 AM to 6:00 PM, Monday through Sunday, users can submit diagnostic requests to healthcare providers via the app at any time, with online consultations initiated promptly. Currently, the app covers a range of common conditions, such as acid reflux, allergies, bronchitis, ulcers, and diabetes screening. (2) Urgent care. Traditional care typically requires patients to visit healthcare facilities, queue for registration, and wait for treatment. However, this model poses significant risks for acute conditions, potentially even life-threatening ones. The Carbon App provides urgent care services, enabling patients with acute symptoms to receive initial online consultations to prevent condition deterioration before proceeding to hospitals for comprehensive treatment once stabilized.

In addition to disease diagnosis and treatment, the Carbon app also provides daily healthcare services, including primary care and video consultations. Customers can upload health information to their personal accounts and submit it to the company’s research institution. The professional medical team will customize professional care plans for customers based on the relevant information to prevent diseases. In addition, customers can schedule video consultations with specialists, who will help customers scientifically manage their health through in-depth communication.

Eren Bali, Co-Founder and CEO of Carbon Health, stated, “We are delighted to partner with Brookfield Asset Management and other investors to accelerate our growth and deliver world-class care globally. Moving forward, we plan to collaborate with more specialized healthcare institutions to actively enhance medical technologies and service models, providing patients with an exceptional clinical experience.”

Brookfield Asset Management, founded in 1899 and headquartered in Toronto and New York, is an asset management firm focused on investing in companies in sectors such as real estate, renewable energy, and infrastructure, with approximately $225 billion in assets under management.

Javelin Venture Partners, founded in 2009 and headquartered in California, USA, is a venture capital firm focused on early-stage investments in startups within the digital media, e-commerce, SaaS, and mobile sectors. It has completed 106 investments to date.

(Compiled by Liu Yujing)