Cityblock Health’s $192 Million Series C-2 Financing

Cityblock Health's $192 Million Series C-2 Financing

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP advised Cityblock Health on the deal.

Cityblock Health, a US-based healthcare provider that caters to Medicaid and lower-income Medicare beneficiaries, has raised $192 million in a Series C extension funding round.

The funding round was led by new investor Tiger Global. Existing investors such as Kinnevik, General Catalyst, Maverick Ventures, Thrive Capital, Wellington Management, Echo Health Ventures, Redpoint Ventures, AIMS Imprint of Goldman Sachs Asset Management, and 8VC took part in the funding round.

The Series C extension round takes the total fundraising of Cityblock since its founding in 2017 to nearly $500 million.

The Gunderson deal team was led by Hilary Adams (Picture) and included Ryan Purcell, Rosie Stein, Ray Koh, Amanda Ferber, Madeleine Vella and Ben Rosales.

Involved fees earner: Hilary Adams – Gunderson Dettmer; Amanda Ferber – Gunderson Dettmer; Ray Koh – Gunderson Dettmer; Ryan Purcell – Gunderson Dettmer; Rosie Stein – Gunderson Dettmer; Madeleine Vella – Gunderson Dettmer;

Law Firms: Gunderson Dettmer;

Clients: Cityblock Health;

Author: Martina Bellini