Thread by @erenbali

We’ve just raised a $350m round led by @blackstone. @katiedjennings had a great write up about our ambitions.
forbes.com/sites/katiejen…

I’m happy to see our “great healthcare for everyone” vision getting closer to reality. This was an uphill battle with a lot of bumps in the road.

We’ve always believed that everyone deserves access to great health, and with the money we already spend, we should be able to do this 3x over. But digital-only approaches are not enough.

We need an omnichannel approach that includes clinics, virtual care and devices. These have existed independently in the market, but no one has integrated them in a way that reduces friction for patients while still keeping it affordable.

Most VCs have passionately hated the brick and mortar component, which we consider a must-have part of our vision. Raising money was super hard the first 2-3 years. There were a small number of believers. It took us a long time until we proved the unit economics could work at…

a price point / biz model that’s inclusive for the entire population. This meant a massive R&D investment for rebuilding every single piece of the care delivery technology stack from the ground up. And obsessing on removing every piece of waste and inefficiency out of the system.

We’re now scaling @CarbonHealth nationwide. Adding 2 clinics per week; will double that next year. Soon there will be Carbon Health clinics within a close distance of the majority of the U.S.

It’s been a tough journey, especially during the pandemic, but couldn’t be more proud of what our team has been able to accomplish.