Cityblock Health was founded in 2017 by Bay Gross, Iyah Romm, Mat Balez, Melanie Bella, and Toyin Ajayi. The company has not officially endorsed a plan to participate in an IPO. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Cityblock Health is a primary care provider whose services include both physical and mental healthcare. The company operates both virtually and in-office, and maintains a focus on serving underrepresented communities. As of 2022, the company operates in five states as well as Washington D.C. Cityblock has raised nearly $900 million in venture capital funding from investors including SoftBank Capital, Wellington Management, Tiger Global Management, Thrive Capital, Redpoint, Goldman Sachs Asset Management, and General Catalyst. As of 2021, the company has achieved a post-money valuation of $5.7 billion.
Cityblock Health is a privately held company and is not publicly traded, therefore investing in Cityblock 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 Cityblock Health before it goes public?
You can seek to sell your shares in Cityblock 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 Cityblock Health shares?
To determine the value of your Cityblock 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 Cityblock Health shares. You can also learn more about how to sell your private shares before getting started.
Is Cityblock 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 Cityblock Health potential IPO
Will Cityblock Health go IPO?
Cityblock 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 Cityblock Health’s IPO price?
The Cityblock Health IPO price does not exist at this time, as Cityblock 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 Cityblock Health register for Forge Markets, today.
When was Cityblock Health founded?
Cityblock Health was founded in 2017.
What is Cityblock Health funding to date?
Cityblock Health has raised $1.83B to date.
Who are Cityblock Health’s major investors?
Tiger Global Management
8VC
Goldman Sachs Asset Management
General Catalyst
Maverick Ventures
Cityblock 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
06/18/2024
Series X
$39MM
$xx.xx
$157.5B
Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
1,958,910
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
09/03/2021
Series D-2
$75MM
$xx.xx
$622.31B
Softbank
Price per Share
$xx.xx
Shares Outstanding
951,062
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Softbank
09/03/2021
Series D-1
$325MM
$xx.xx
$622.31B
Softbank
Price per Share
$xx.xx
Shares Outstanding
4,121,305
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Softbank
03/29/2021
Series C-2
$192.25MM
$xx.xx
$299.58B
8vc, Aims Imprint, Echo Health Ventures, General Catalyst, Kinnevik Ab, Maverick Ventures, Redpoint Ventures, Thrive Capital, Tiger Global Management, Wellington Management
Price per Share
$xx.xx
Shares Outstanding
4,627,368
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
5.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
8vc, Aims Imprint, Echo Health Ventures, General Catalyst, Kinnevik Ab, Maverick Ventures, Redpoint Ventures, Thrive Capital, Tiger Global Management, Wellington Management
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November Private Market Update
