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.
Carbon Health is a privately held company and is not publicly traded, therefore investing in Carbon Health pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
Can you sell shares of Carbon Health before it goes public?
You can seek to sell your shares in Carbon Health while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.
What is the pre-IPO value of my Carbon Health shares?
To determine the value of your Carbon Health shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Carbon Health shares. You can also learn more about how to sell your private shares before getting started.
Is Carbon Health a publicly traded company?
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
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
$271.56B
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
$271.56B
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
$271.56B
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
$271.56B
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
$271.56B
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
$271.56B
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
$271.56B
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
$271.56B
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
$271.56B
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
$271.56B
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
$340B
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
$340B
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
$67.89B
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
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November Private Market Update
