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Babylon Health

Babylon Health

Babylon Health is a global subscription telemedicine service provider.

Babylon Health is a telemedicine health provider that relies on it's AI platform to provide patients with a diagnosis. After triage, the app will then proceed to connect the patient with the appropriate medical professional. They currently have services in the United Kingdom, with plans for global expansion.

AI

Their AI has been designed around a doctor’s brain to provide healthcare for everyone via their smartphone. It can understand and recognize the way that humans express their symptoms. Using this knowledge, combined with a patient’s medical history and current symptoms, it provides information on possible medical conditions and common treatments.

Much of the Babylon team’s work is on the development of machine learning research; this is being driven through access to volumes of data from the medical community, learning from their users and through feedback from Babylon’s own experts.

COVID-19

As of March 2020, their app has been updated to check patients symptoms for the COVID-19 virus.

Timeline

August 2, 2019
Babylon Health raises a $550 million Series C

Saudi Arabia’s Public Investment Fund participated in the financing. Previous rounds include a $25 million 2016 Series A, and a £47 million 2017 Series B.

The company's Series C is 6.5 times the amount of money that it had raised before. The round values the company at more than $2 billion.

Funding rounds

Patents

Products

People

Name
Role
LinkedIn

mohammad khodadadi

Employee

Saurabh Johri

Employee

Steven Hamblin

Employee

Szymon Wartak

Employee

Further reading

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Documentaries, videos and podcasts

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Companies

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News

Title
Author
Date
Publisher
Description
Joanna Glasner
July 28, 2021
Crunchbase News
However one may currently feel about chatbot health advice, startup investment data indicates it's only getting more widespread. Over the past two years, investors have poured more than $800 million into an assortment of companies developing chatbots and other AI-enabled platforms for health diagnostics and care recommendations
Alex Wilhelm
June 7, 2021
TechCrunch
You have questions. I have questions. We'll get to some answers.
Heather Landi
June 3, 2021
FierceHealthcare
London-based health tech startup Babylon Health plans to go public in the U.S. via a merger with a blank check company led by Groupon's former CEO. The digital health plans to become a public company through a $4.2 billion merger with Alkuri Global Acquisition Corp.
Dave Muoio
May 27, 2021
FierceHealthcare
Welcome to this week's Chutes & Ladders, our roundup of hirings, firings and retirings throughout the industry. Please submit the good news--or the bad--from your shop, and we will feature it here at the end of each week.
Isabella Pojuner
April 15, 2021
Sifted
From greater integration of healthtech to its five key subsectors, we've read the latest Dealroom report on healthtech so you don't have to.
SHOW MORE

References

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