Babylon
Financials
Estimates*
USD | 2020 | 2021 | 2022 |
---|---|---|---|
Revenues | 79.0m | 323m | 1.1b |
% growth | - | 309 % | 225 % |
Profit | - | - | (370m) |
% profit margin | - | - | (35 %) |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
£4.6m | Seed | ||
* | £25.0m | Series A | |
* | €54.6m Valuation: €182m | Series B | |
$550m Valuation: $2.0b | Series C | ||
N/A | Support Program | ||
$100m | Convertible | ||
$345m Valuation: $4.2b 53.2x EV/LTM Revenues | SPAC IPO | ||
$230m Valuation: $4.2b 53.2x EV/LTM Revenues | SPAC Private Placement | ||
$200m | Debt | ||
* | $30.0m | Debt | |
* | N/A | Merger | |
Total Funding | €890m |
Recent News about Babylon
EditBabylon Health is a digital healthcare service provider that operates in the telemedicine market. The company offers a platform where patients can interact with healthcare professionals such as general practitioners, physiotherapists, nurses, mental health practitioners, and pharmacists via video calls. This service is available 24/7, providing flexibility and convenience to its users.
The company's primary clientele includes individuals seeking medical advice, referrals, sick notes, and prescriptions without the need to physically visit a healthcare facility. Babylon Health's platform allows for prescriptions to be delivered directly to the patient's home or local pharmacy, and referrals can be sent electronically, viewable within the app.
In addition to these services, Babylon Health also offers a weight management program and provides assistance for a wide range of health issues, including chronic conditions, mental health concerns, and common ailments like cold and flu.
The company operates on a digital business model, leveraging technology to deliver healthcare services remotely. It generates revenue through subscription fees for its services, as well as through the sale of prescriptions and referrals.
Keywords: Telemedicine, Digital Healthcare, Video Consultations, 24/7 Service, Prescriptions, Referrals, Weight Management Program, Chronic Condition Care, Mental Health Support, Subscription Model.