Accessible and affordable health care for everyone
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To put an accessible and affordable health service in the hands of every person on earth.
Chelsea, London, UK
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.
Last 2 fundraises
This company has top investors
🇺🇸 US benefits
🇬🇧 UK benefits
An interview with Babylon's CEO
Babylon Reports Another Strong Year Exceeding Guidance, and Accelerates Expected Adjusted EBITDA Profitability to Mid-2024
Founder of Circle, Europe's largest partnership of clinicians. Previously Executive Director at Goldman Sachs.
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