Babylon Health explores going public at $4B+ valuation
February 25, 2021
Babylon Health is considering options to go public that could value it at over $4 billion, Bloomberg reported. The London-based telehealth company is exploring a traditional IPO, and several SPACs have reached out about a reverse merger, the report said. Babylon was valued at $1.9 billion in 2019 after raising $450 million. Its investors include Saudi Arabia's Public Investment Fund, VNV Global and Kinnevik.