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Babylon

Accessible and affordable health care for everyone

1001+ employees
  • Healthcare
  • B2C
  • Personal health
London (HQ), United Kingdom, First Floor, 60 Sloane Ave, Chelsea

Company mission

To put an accessible and affordable health service in the hands of every person on earth.

Insights

Top investors

38% female employees

6% employee growth in 12 months

Otta's take

Theo Margolius headshot

Theo Margolius

COO of Otta

Babylon has a huge mission, to make health care accessible for all. This helped the company attract a lot of funding and talent. In 2019 they raised $550m, the largest round ever for digital health delivery.

Making time to go and see the doctor can already be difficult, and often you have to wait over a week for an appointment. Bablyon's first step to making healthcare accessible is enabling people to interact with doctors over the phone or on video, a huge step change in convenience for the consumer.

Babylon says it delivers 5,000 clinical consultations each day and covers 20 million people worldwide, with more than 160,000 giving 5-star ratings for appointments. This traction certainly suggests it's onto something.

Babylon partners with the NHS - one of the largest employers in the world and by far the biggest employer in the UK – and its staff and systems are stretched. It's turning to technology to help save time and redirect focus, and Babylon is benefitting from this, its revenue growing by 3.5x in 2022 alone. Babylon has also partnered with higi in the US and is working with the government in Rwanda to deliver healthcare to 20% of the total population, exemplifying its increasing importance as a healthcare support partner.

Benefits

  • Accrued PTO and 401K + match contributions
  • Medical MalPractice Coverage
  • Medical, Dental and Vision Insurance (full-time only)
  • We provide a full training program and a supportive environment to help improve your video consultation skills, including ongoing appraisals and peer reviews

Company values

  • Dream Big - We have a big dream - to put an accessible and affordable health service in the hands of everyone on Earth
  • Build fast - We are not just idealists with big ideas. We take those ideas and are relentless in making them happen, as fast as we can. Scale and speed go hand in hand
  • Be brilliant - Why be good when we can be brilliant? We pay attention to the small things that make the difference, but never lose sight of the bigger picture. We aim to exceed expectations every time

Funding (last 2 of 5 rounds)

Dec 2020

$100m

CONVERTIBLE

Aug 2019

$550m

SERIES C

$745.3m

Total funding

This company has top investors

Founders

Founder of Circle, Europe's largest partnership of clinicians. Previously Executive Director at Goldman Sachs.

Job (1)

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