One Medical Raises $540M in Series E
One Medical has successfully raised $540M in a Series E at a $1.7B valuation led by The Carlyle Group, Benchmark.
Company Overview
One Medical is a HealthTech company headquartered in San Francisco, CA, founded in 2007 with 2000+ employees.
Primary care and telehealth platform
Fundraising Details
- Amount Raised: $540M
- Round Type: Series E
- Valuation: $1.7B
- Date: 2020-01-09
- Investors: The Carlyle Group, Benchmark
About One Medical
Primary care and telehealth platform The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: San Francisco, CA
- Founded: 2007
- Team Size: 2000+
- Industry: HealthTech
What This Means
This funding round demonstrates strong investor confidence in One Medical's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The HealthTech sector continues to attract significant investment as companies innovate to meet evolving market demands. One Medical's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $1.7B valuation marks an important milestone for One Medical, positioning the company among notable players in the HealthTech industry.
Looking Ahead
With this new capital, One Medical is well-positioned to execute on its growth strategy and continue building innovative solutions in the HealthTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2020-01-09. For more information about One Medical, visit their headquarters at San Francisco, CA.
