Babylon Health

London, United Kingdom Founded: 2013 • Age: 13 yrs Listed
Online platform offering healthcare services

About Babylon Health

Babylon Health is a publicly listed company based in London (United Kingdom) founded in 2013 by Ali Parsadoust. Babylon Health has raised $735 million across 8 funding rounds from investors including Centene, innocent and Kinnevik. The company has 220 employees. Babylon Health has completed 3 acquisitions, including Higi, Meritage Medical Network and daytoday. Babylon Health was last valued at $4.2 billion in June 2021. Babylon Health offers products and services including Empathetic AI Population Health Platform and Telehealth Kit. Its focus areas include HealthTech, Healthcare Booking Platforms, Doctors and Telemedicine. Its legal entity is BABYLON HEALTHCARE SERVICES LIMITED. Its competitors include Amwell, Qare, Doctor Care Anywhere, Liva Healthcare and eConsult and 2 more; 6 of its 7 listed competitors have raised funding.

Company details

Online platform offering healthcare services. It provides consultations with doctors for monitoring and diagnostics of various diseases. Users can also book an appointment for their treatment and it delivers a prescription for medications. Users can access symptom checkers and health checks by using an app.

  • Headquarters London, United Kingdom
  • Employees 220
  • Founders Ali Parsadoust
  • Stage Public
  • Sectors
    Healthcare
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website babylonhealth.com
  • Social LinkedIn X
  • Legal Name Babylon Holdings Limited
Key Metrics
  • Annual Revenue
    $1.11 B (USD)
    245.88
    as on Dec 31, 2022
  • Net Profit
    -$221.45 M (USD)
    -186.08
    as on Dec 31, 2022
  • EBITDA
    $723.37 M (USD)
    0
    as on Dec 31, 2022
  • Total Equity Funding
    $735M (USD)

    in 8 rounds

  • Investors
    Centene

    & 11 more

  • Employee Count
    220
  • Investments & Acquisitions
    Higi

    & 2 more

Products & Services of Babylon Health

Babylon Health offers a comprehensive portfolio of products and services, including Empathetic AI Population Health Platform and Telehealth Kit.

Empathetic AI Population Health Platform
Health Platform

AI tool for managing employee health through proctoring and analytics services.

Telehealth Kit
Health Services

Kit for at-home drug prescribing and biometric monitoring tools.

Funding Insights of Babylon Health

Babylon Health has successfully raised a total of $735M across 8 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $735M
  • Total Rounds 8
  • Investors Count 12

All 8 funding rounds of Babylon Health with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2022–Post-IPO––
–
Oct 2021–Series C––
Mar 2021–Series C–firstchoicemg.com
–
Dec 2020$100MSeries C–VNV Global
–
Aug 2019$550MSeries C$2BPublic Investment Fund
Apr 2017$60MSeries B$200MKinnevik
Jan 2016$25MSeries A–Kinnevik
Jun 2015–Series A–Hoxton Ventures
–
Valuation history
DateValuationStage
Aug 2019$2Bβ€’β€’β€’β€’β€’β€’β€’β€’
Apr 2017$200Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $4.2B (Jun 2021). 12 investors in total: 12 institutional.

Investors in Babylon Health

Babylon Health has secured backing from 12 investors, including venture fund and institutional investors. Prominent investors backing the company include Centene, innocent and Kinnevik.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private debt is provided to mid-to-large scale companies.
–albacorecapital.comLondon, United Kingdom
Investments in tech startups are managed by VNV Global.
1996vnv.globalStockholm, Sweden
Venture capital investments are directed toward multiple sectors by Kinnevik.
1936kinnevik.comStockholm, Sweden
Startups are funded by Munich Re-backed venture capital firm.
–munichreventures.comSan Francisco, United States
VC and PE firm focused on seed and early stage tech companies
–hoxtonventures.comLondon, United Kingdom
Late-stage investments in fintech, tech, and medtech sectors are targeted.
–hamiltongo.euLondon, United Kingdom
Early-stage tech startups are funded by this venture capital firm.
–jamjarinvestments.comLondon, United Kingdom
Manages investments in energy, real estate, and technology to support national development.
1971pif.gov.saRiyadh, Saudi Arabia
Contracting, Network Development, Managed Care and Health insurance solutions company
1984centene.comSt. Louis, United States
AI systems are developed by Google DeepMind for global impact.
–deepmind.com-
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Investor details for Babylon Health

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People of Babylon Health

39 people are tracked at Babylon Health (14 in leadership, 1 in board & advisors, 24 in team); the tracked headcount is 220.

NameRoleGroup
Ali Parsadoust
FounderLeadership
Ron Coursey
Executive Vice PresidentLeadership
Daniel Q.
Director Of ITLeadership
Amy Elkins
Chief Operating OfficerLeadership
Patrice Harris
Co-Founder & CEOLeadership
Alejandro Calleja
Director, Consumer ProductsLeadership
Doug Mee
Chief Financial OfficerLeadership
Ken Finneran
Vice President Human ResourcesLeadership
Charlie Howard
UK Managing DirectorLeadership
Rachael Joy
VP Strategic InnovationLeadership
Alexandros Stavrou
VP FinanceLeadership
Nurdes G.
Director, People OperationsLeadership
Ellen Lehrer, PHR, SHRM-CP
Director, People OperationsLeadership
Duane Kingston
Assistant Vice President Customer ExperienceLeadership
Helene D. Gayle
ChairBoard & advisors
Ajay Rutledge
Cyber Security EngineerTeam
Amanda Burton
Digital ANPTeam
Jeffrey M. Schumm, Esq.
General CounselTeam
Darlyn de la Rosa
Assistant General CounselTeam
Karen Orenstein, Esq.
Manager of Business & Legal OperationsTeam

19 more people are available in the full profile.

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IPO & Listings of Babylon Health

Babylon Health is a publicly listed company on the OTC with ticker symbol BBLNF in USA, operating in the Health services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date22 Oct 2021
  • Listed onNYSE: BBLN
  • Listed entityBabylon Holdings Limited
  • Exchange sectorHealth services
  • ISINJE00BQWMWC12
  • Share price$0.00 · 2026-09-23
  • Market capitalisation$2,561.41
  • Volume (last session)190

Financials of Babylon Health

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2022$1.11B-$221.4M$723.4M
2021$320.8M-$77.4M-$83.9M
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Detailed financial statements for Babylon Health

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Investments & Acquisitions by Babylon Health

Babylon Health has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Higi, Meritage Medical Network and daytoday.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Concierge healthcare services are provided via an online platform.
daytoday.healthBoston, United States2018Jan 2022β€’β€’β€’β€’
Gamified app for personal health management
higi.comChicago, United States2012Jan 2022β€’β€’β€’β€’
Physicians are organized within a specialized medical network.
meritagemed.comNovato, United States1982Apr 2021β€’β€’β€’β€’
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Complete acquisition details for Babylon Health

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Timeline of Babylon Health

9 dated milestones of Babylon Health across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Babylon Health is founded.
  2. Funding First funding round.
  3. Milestone Reaches Minicorn status.
  4. Milestone Reaches Unicorn status.
  5. Acquisition Acquires Meritage Medical Network.
  6. IPO Lists on the stock exchange (IPO).
  7. Acquisition Acquires Higi.
  8. Acquisition Acquires daytoday.
  9. Funding Latest funding round, Post-IPO,.

Competitors of Babylon Health

Babylon Health has 7 listed competitors in our database, 6 of them funded. They include Amwell, Qare, Doctor Care Anywhere, Liva Healthcare and eConsult, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
amwell.com2006Boston, United States$887.35M742
Telehealth solutions are provided for doctors and patients' consultations.
qare.fr2016Paris, France$32.02M–
Telemedicine consultations are offered across 12 medical specialties via video.
doctorcareanywhere.com2013London, United Kingdom–547
Online video consultations with UK doctors are facilitated for patients.
livahealthcare.com2015Copenhagen, Denmark$34.11M–
Chronic care management solutions are provided for patients and professionals.
econsult.net2011London, United Kingdom$16M58
Form-based consultation software is provided for patients and healthcare providers.
medefer.com2013London, United Kingdom$12.92M73
Platform which enables general practitioners to liaise directly with specialists and consultants
pushdoctor.co.uk2013Birmingham, United Kingdom$75.94M71
Online doctor consultations are facilitated via a digital booking platform.
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Detailed competitors of Babylon Health

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Web traffic of Babylon Health

The website of Babylon Health (babylonhealth.com) receives about 4K visits a month.

  • Monthly visits
    4K

    ▼ 51.1% vs previous month

Similar websites

Websites whose visitors overlap most with Babylon Health. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
emed.com
100%
148K#321,580View details
gpathand.nhs.uk
gpathand.nhs.uk
97%
–#385,600–
digitalhealth.london
85%
–#1,780,834View details
logicalimages.com
71%
3.9K#5,128,051View details
healthbox.com
71%
––View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 14 similar websites and full traffic analytics for Babylon Health

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Top companies in Digital Health & Telemedicine

10 companies that operate in the same segment as Babylon Health (Digital Health & Telemedicine), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Provider of an online pharmacy with doctor listing and teleconsultation services
2015Delhi, Delhi, IndiaUSD 230.8 MUSD 328.97 M5,212
Online platform offering multiple healthcare services
2013Bengaluru, Karnataka, IndiaUSD 199.22 MUSD 62.4 M52
An application is provided for comparing prescription drug prices nationwide.
2011Santa Monica, California, United StatesUSD 22.21 MUSD 796.85 M1,063
Healthcare appointments are booked online via Zocdoc's platform.
2007New York, New York, United StatesUSD 425.97 MUSD 4.66 M1,365
An online marketplace for healthcare products is operated.
2011Kolkata, West Bengal, IndiaUSD 38.26 M––
Alto Pharmacy is focused on providing convenient prescription delivery services.
2015San Francisco, California, United StatesUSD 591.64 M–802
Membership-based primary care platform is offered for employees and consumers.
2007San Francisco, California, United StatesUSD 402.56 M––
Telehealth solutions are provided for doctors and patients' consultations.
2006Boston, Massachusetts, United StatesUSD 887.35 MUSD 115.54 M742
Digital health services for men's wellness are offered by Ro.
2017New York, New York, United StatesUSD 1.03 B–1,485
Provider of genetic test solutions to study ancestry, genealogy, and inherited traits
2006Sunnyvale, California, United StatesUSD 943.53 MUSD 189.9 M562
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Related news about Babylon Health

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Frequently Asked Questions about Babylon Health

Babylon Health was founded in 2013 and raised its 1st funding round 2 years after it was founded.

Babylon Health is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Babylon Health is a funded company, having raised a total of $735M across 8 funding rounds to date.

Babylon Health has 220 employees.

Annual revenue of Babylon Health is $1.11B as on Dec 31, 2022.

Online platform offering healthcare services. It provides consultations with doctors for monitoring and diagnostics of various diseases. Users can also book an appointment for their treatment and it delivers a prescription for medications. Users can access symptom checkers and health checks by using an app.

Babylon Health's top competitors include Amwell, eConsult and Push Doctor.

Babylon Health offers Empathetic AI Population Health Platform and Telehealth Kit.

Yes, Babylon Health is publicly traded on OTC under the ticker symbol BBLNF.

Babylon Health has made 3 acquisitions, including Higi, Meritage Medical Network, and daytoday.

Babylon Health has 12 investors. Key investors include Centene, innocent, Kinnevik, VNV Global, and AlbaCore Capital Group.

The valuation of Babylon Health is $4.2B as of Jun 2021.

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