Carbon Health was founded in 2015 by Caesar Djavaherian, Eren Bali, Greg Burrell, Pablo Stanley, and Tom Berry. According to a 2021 article in the Silicon Valley Business Journal, Carbon Health "reportedly was in talks with a blank check company, but has decided to do a traditional IPO instead." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Carbon Health describes itself as "a human-centered, tech-enabled healthcare company." The company provides both in-person primary care and telemedicine. Since 2018, Carbon Health has acquired Direct Urgent Care, Steady Health, and Alertive Healthcare. The company has brought in over $500 million in funding from investors including Lux Capital, Sand Hill Angels, Nolan Arenado, Intersect Capital, and Dragoneer Investment Group. The most recent round of funding was led by The Blackstone Group and brought in $350 million. The company currently has a post-money valuation of $3.3 billion.

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Can you invest in Carbon Health pre-IPO?

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Can you sell shares of Carbon Health before it goes public?

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What is the pre-IPO value of my Carbon Health shares?

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Is Carbon Health a publicly traded company?

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To learn more about Carbon Health potential IPO

Will Carbon Health go IPO?

Carbon Health has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Carbon Health’s IPO price?

The Carbon Health IPO price does not exist at this time, as Carbon Health is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Carbon Health register for Forge Markets, today.

When was Carbon Health founded?

Carbon Health was founded in 2015.

What is Carbon Health funding to date?

Carbon Health has raised $2.36B to date.

Who are Carbon Health’s major investors?

Lux Capital
Sand Hill Angels
BlackRock
Silver Lake
Bullpen Capital
Javelin Venture Partners
Hercules Capital
DCVC
500 Global
Two Sigma Ventures
Brookfield Growth
Green Meadow Ventures
Builders VC
FoundersGuild

Carbon Health Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
12/29/2023 Series Seed Prime $1.96MM $xx.xx $2.72B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
2,525,047
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
12/29/2023 Series A Prime $3.9MM $xx.xx $2.72B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
4,264,622
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
12/29/2023 Series A-1 Prime $2.88MM $xx.xx $2.72B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
2,336,298
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
12/29/2023 Series A-2 Prime $1.46MM $xx.xx $2.72B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
964,929
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
12/29/2023 Series A-3 Prime $4.46MM $xx.xx $2.72B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
3,070,465
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
12/29/2023 Series B Prime $36.65MM $xx.xx $2.72B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
11,774,304
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
12/29/2023 Series B-1 Prime $25.12MM $xx.xx $2.72B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
6,968,071
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.3x
Conversion Ratio
1.0x
Dividend Rate
10.3%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
12/29/2023 Series C Prime $152.98MM $xx.xx $2.72B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
19,752,531
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.2x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
12/29/2023 Series D-1 Prime $250MM $xx.xx $2.72B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
24,431,429
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.2x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
12/29/2023 Series D-2 Prime $354.97MM $xx.xx $2.72B Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
34,689,550
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.2x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
01/09/2023 Series D-1 $185.96MM $xx.xx $3.4B Atreides, Blackrock, Blackstone, Brookfield Technology Partners, Cvs Health Ventures, Dragoneer Investment Group, Fifth Wall, Homebrew, Hudson Bay Capital, Lux Capital, Silver Lake Waterman
Price per Share
$xx.xx
Shares Outstanding
18,173,086
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.2x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Atreides, Blackrock, Blackstone, Brookfield Technology Partners, Cvs Health Ventures, Dragoneer Investment Group, Fifth Wall, Homebrew, Hudson Bay Capital, Lux Capital, Silver Lake Waterman
01/09/2023 Series D-2 $264.04MM $xx.xx $3.4B Atreides, Blackrock, Blackstone, Brookfield Technology Partners, Cvs Health Ventures, Dragoneer Investment Group, Fifth Wall, Homebrew, Hudson Bay Capital, Lux Capital, Silver Lake Waterman
Price per Share
$xx.xx
Shares Outstanding
25,803,491
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.2x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Atreides, Blackrock, Blackstone, Brookfield Technology Partners, Cvs Health Ventures, Dragoneer Investment Group, Fifth Wall, Homebrew, Hudson Bay Capital, Lux Capital, Silver Lake Waterman
11/10/2020 Series C $100MM $xx.xx $678.95MM Brookfield Technology Partners, Builders Vc, Dcvc, Dragoneer Investment Group
Price per Share
$xx.xx
Shares Outstanding
12,911,439
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.6x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Brookfield Technology Partners, Builders Vc, Dcvc, Dragoneer Investment Group
05/11/2020 Series B-1 $25.12MM $xx.xx $316.06MM Dcvc, Steve Seigel
Price per Share
$xx.xx
Shares Outstanding
6,968,071
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.3x
Conversion Ratio
1.0x
Dividend Rate
10.3%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dcvc, Steve Seigel
06/05/2019 Series B $36.65MM $xx.xx $272.83MM Brookfield Growth Partners, Builders Vc, Bullpen Capital, Clover Health, Dcvc, Flatiron Health, Javelin Venture Partners, Two Sigma Ventures
Price per Share
$xx.xx
Shares Outstanding
11,774,304
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
1000
Key Investors
Brookfield Growth Partners, Builders Vc, Bullpen Capital, Clover Health, Dcvc, Flatiron Health, Javelin Venture Partners, Two Sigma Ventures
05/29/2018 Series A $3.9MM $xx.xx $132.84MM 500 Startups, Tectonic Capital
Price per Share
$xx.xx
Shares Outstanding
4,264,622
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
500 Startups, Tectonic Capital
05/29/2018 Series A-1 $2.88MM $xx.xx $132.84MM 500 Startups, Tectonic Capital
Price per Share
$xx.xx
Shares Outstanding
2,336,298
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
500 Startups, Tectonic Capital
05/29/2018 Series A-2 $1.46MM $xx.xx $132.84MM 500 Startups, Tectonic Capital
Price per Share
$xx.xx
Shares Outstanding
964,929
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
500 Startups, Tectonic Capital
05/29/2018 Series A-3 $4.46MM $xx.xx $132.84MM 500 Startups, Tectonic Capital
Price per Share
$xx.xx
Shares Outstanding
3,070,465
Liquidation Pref Order
5
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
500 Startups, Tectonic Capital
03/29/2017 Series Seed $1.96MM $xx.xx $71.14MM Aaron Patzer, Buildersvc, Bullpen Capital, Elad Gil, Javelin Venture Partners, Russ Fradin, Two Sigma Ventures
Price per Share
$xx.xx
Shares Outstanding
2,525,047
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Aaron Patzer, Buildersvc, Bullpen Capital, Elad Gil, Javelin Venture Partners, Russ Fradin, Two Sigma Ventures
Updated on: Dec 26, 2024

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