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Cityblock Health

Radically different health care built on trust, empathy, and understanding for underserved communities
Health 📍 Brooklyn, New York Founded 2017
Current Valuation
$1.2B
as of 2024-Q2
UNICORN

IPO Outlookprivate

Is Cityblock Health going public?
No. Cityblock Health is private and has not filed to go public. There is no S-1 on file.
What is Cityblock Health's valuation in 2026?
Cityblock Health is valued at $1.2B as of 2024-Q2, set by its Series X ($39M, Jun 2024). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Cityblock Health filed an S-1?
No public S-1 is on file for Cityblock Health.
Who are Cityblock Health's investors?
Cityblock Health's investors include SoftBank, Tiger Global Management, General Catalyst, Wellington Management, Kinnevik, Maverick Ventures and 10 more.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Cityblock Health is a tech-driven value-based healthcare provider focused on serving Medicaid and dually eligible (Medicaid/Medicare) beneficiaries in underserved urban communities. Founded in 2017 and spun out of Alphabet's Sidewalk Labs, the company delivers integrated primary care, behavioral health, and social services through a combination of virtual care, in-home visits, and community-based clinics. Cityblock's model addresses medical needs alongside social determinants of health, achieving 15% reduction in ER visits and 20% reduction in hospital stays. The company partners with health plans and receives fixed monthly payments per member while sharing in cost savings from improved outcomes. Known for 70% member engagement (vs industry average of 5-7%) and NPS scores over 85.

Company Profile

CEO
Toyin Ajayi
Founded
2017
HQ
Brooklyn, New York
Employees
1,001-5,000
Total Raised
$900M
Est. Revenue
$1.5B (2024-Q2)
Growth
8X growth in dually eligible members since 2020; serving 130,000+ members across 10+ US states; revenue exceeded $1B in 2023
Last Round
Series X — $39M (Jun 2024)
IPO Status
Private

Fundraising Status

Series X · $39M · 2y 2mo ago
PrivateTotal raised $900M

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series X$39MJun 2024

Talent Signal

Hiring trend
First snapshot
trend accrues with monthly sweeps
Open roles
36
via workday
Product-build share
36%
engineering, research, product, design
Trajectory
steady
balanced build + GTM — 36% builders vs 64% go-to-market/G&A — scaling both sides.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month36Aug '26
Open roles by function
Open roles by functionOther20Clinical & Science11Ops & People2Data & ML1Product1Marketing1
product-building   go-to-market / G&A
Register Nurse Care Manager - Middlesex /Worcester County - HybridLicensed Clinical Social Worker (LCSW) - Behavioral Health - HybridStaff Data EngineerMedical Assistant - Southfield, MINurse Practitioner OR Physicians Assistant (NP/PA) - Hybrid (Cincinnati OR ColuParamedic/ Boston Medical Center Navigator
Counted from Cityblock Health's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Toyin AjayiIyah RommBay GrossMat Balez

Investors

SoftBank · Tiger Global Management · General Catalyst · Wellington Management · Kinnevik · Maverick Ventures · Thrive Capital · Redpoint Ventures · 8VC · Echo Health Ventures · Goldman Sachs Asset Management · Town Hall Ventures · EmblemHealth · Sidewalk Labs · Citi Impact Fund · CrossWork.us

Products

  • Member care platform
  • Virtual care services
  • In-home care
  • Primary care
  • Behavioral health services
  • Mental health counseling
  • Psychiatry
  • Social determinants of health services
  • Social care coordination
  • Urgent care
  • Hospital to home transitions
  • Pediatrics
  • Substance use disorder treatment

Competitors

Oak Street Health · ChenMed · Aledade · Privia Health · Recovery.com · Pluto Health · AbsoluteCARE
Value-based careMedicaidMedicareDually eligible beneficiariesUnderserved communitiesHealth equitySocial determinants of healthIntegrated careTech-enabled healthcarePrimary careBehavioral healthUnicornBlack foundedWomen founded
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2024-Q2. Refreshed quarterly.