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.