How Much Did Babylon Raise? Funding & Key Investors

Babylon has developed a comprehensive Empathetic AI™ Population Health Platform, designed to assist organizations in managing health-related challenges. The platform offers a range of services, including live 24/7/365 human proctoring, AI biometric capture tools, and on-label drug prescribing.

Keep reading to explore the intricacies of Babylon's innovative health solutions and the impact they have on global health management.

What Is Babylon?

Babylon is a prominent player in the health technology industry, specializing in population health management and telehealth solutions. The company is known for its innovative Empathetic AI™ Population Health Platform, which offers a range of services designed to improve health outcomes.

Based in the UK, Babylon serves a diverse clientele, including corporations, governments, and NGOs. The company leverages advanced technology to provide comprehensive health management solutions, aiming to address various health-related challenges effectively.

How Much Funding Has Babylon Raised?

1. Seed Round
   • Amount Raised: £4.6M
   • Date: September 2015
   • Lead Investors: Hoxton Ventures
2. Series A
   • Amount Raised: £9.8M
   • Date: January 2016
   • Lead Investors: Kinnevik
3. Series B
   • Amount Raised: £46.7M
   • Date: April 2017
   • Lead Investors: Kinnevik
4. Series C
   • Amount Raised: $550M
   • Date: August 2019
   • Lead Investors: Saudi Arabia's Public Investment Fund
5. Debt Financing
   • Amount Raised: $70M
   • Date: October 2020
6. Debt Financing
   • Amount Raised: $200M
   • Date: October 2021
   • Lead Investors: AlbaCore Capital
7. Post-IPO Equity
   • Amount Raised: $230M
   • Date: October 2021
8. Post-IPO Debt
   • Amount Raised: $34.5M
   • Date: May 2023
   • Lead Investors: AlbaCore Capital

In total, Babylon has raised $1.4 billion in funding.

Key Investors

• AlbaCore Capital
  • Details: AlbaCore Capital is a leading European credit specialist investment firm. They focus on providing flexible capital solutions to high-quality businesses.
  • Investment Focus Areas: Credit, private equity, special situations.
  • Notable Investments: Not publicly disclosed.
• Saudi Arabia's Public Investment Fund
  • Details: The Public Investment Fund (PIF) is the sovereign wealth fund of Saudi Arabia. It aims to support the country's economic transformation and diversification.
  • Investment Focus Areas: Technology, infrastructure, healthcare.
  • Notable Investments: Uber, SoftBank Vision Fund, Lucid Motors.
• Kinnevik
  • Details: Kinnevik is a Swedish investment company focused on building digital consumer businesses. They invest in companies that leverage technology to create better services.
  • Investment Focus Areas: E-commerce, financial services, healthcare.
  • Notable Investments: Zalando, Tele2, Betterment.
• Hoxton Ventures
  • Details: Hoxton Ventures is a London-based early-stage venture capital firm. They focus on investing in European startups with global ambitions.
  • Investment Focus Areas: Technology, software, consumer internet.
  • Notable Investments: Darktrace, Deliveroo, Babylon Health.

Use Clay to Get Funding Data

Sales professionals, take advantage of Clay’s platform to access comprehensive fundraising data on companies like Babylon and gather other critical business insights.

Sign up for free to start leveraging these powerful tools and elevate your sales strategy today.