11/18/2023 0 Comments Carbon health crunchbase![]() ![]() Health tech companies having layoffs this year included Halycon Health, Mfine, Kry, Thirty Madison, divvyDOSE, Noom, Ahead and Truepill, according to Layoffs.fyi, which keeps a database of reported layoffs. Acquiring Organization: Carbon Health Carbon Health is a tech-enabled healthcare company that delivers a virtual care experience. We invest in startups across seed, early & growth phases. crunchbase, pAge Drinking Paper, crunchbase website, accessed March 15, 2017. Redpoint partners with visionary entrepreneurs to create new markets & redefine existing ones. Business Wire Carbon Health Acquires CGM-Enabled Virtual Diabetes Clinic Steady Health, Expands Executive Bench to Accelerate Next Stage of Omnichannel Growth. Impacted employees were told via 1:1 conversations and offered separation packages that included extended healthcare coverage, removed equity cliffs for options and outplacement support.Īs noted, Carbon Health joins a list of unicorns that had to scale back their workforces, some as a result of growth during the pandemic, including Loom, Hopin and Picsart. LifeStraw Carbon for Water: Sustainable Funding for a Public Health. Drug Delivery Business Carbon Health acquires Steady Health and its diabetes platform. While that was the right decision in 20, the macro environment with more volatile capital markets means it is vital that we become less focused on growth and more focused on profitability.” The other reason Bali gave for the decision to lay off staff was a shift to focus on profitability, writing, “we have been more focused on top-line revenue growth, patient acquisition, patient retention and service expansion, and we have been less focused on profitability. One of its goals with the Series D had been to grow to 1,500 clinics by 2025. ![]() Since the pandemic started in early 2020, the company kept up the pace by doubling its full-time staff to 1,600 employees as it opened over 80 clinics in 12 states and expanded its virtual clinics to 23 states. Carbon Health Overview Update this profile Founded 2015 Status Private Employees 1,167 Latest Deal Type Series D2 Latest Deal Amount 100M Investors 63 General Information Description Operator of mobile-based healthcare networks and clinics intended to offer simple, convenient, and accessible healthcare.
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