Cityblock Overview
- Year Founded
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2017
- Status
-
Private
- Employees
-
905
- Latest Deal Type
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Later Stage VC
- Investors
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28
Cityblock General Information
Description
Operator of a personalized health system intended to address the unmet health and social needs of Medicaid and Medicare populations. The company offers a novel, community-delivered model of integrated primary care, behavioral health, and social services and also partners with community-based organizations, enabling clinicians to provide personalized care for every member.
Contact Information
Website
www.cityblock.comCorporate Office
- 495 Flatbush Avenue
- Suite C5, Brooklyn
- New York, NY 11225
- United States
Corporate Office
- 495 Flatbush Avenue
- Suite C5, Brooklyn
- New York, NY 11225
- United States
Cityblock Timeline
Cityblock Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
10. Later Stage VC | 01-Jan-2024 | Completed | Generating Revenue | |||
9. Later Stage VC | 06-Jun-2022 | Completed | Generating Revenue | |||
8. Later Stage VC (Series D) | 09-Nov-2021 | Completed | Generating Revenue | |||
7. Later Stage VC (Series C) | 29-Mar-2021 | Completed | Generating Revenue | |||
6. Secondary Transaction - Private | 01-Dec-2020 | Completed | Generating Revenue | |||
5. Early Stage VC (Series B) | 15-Jul-2020 | Completed | Generating Revenue | |||
4. Early Stage VC (Series B) | 11-Apr-2019 | Completed | Generating Revenue | |||
3. Early Stage VC (Series A) | 08-May-2018 | Completed | Startup | |||
2. Seed Round | 19-Dec-2017 | $2.4M | $2.4M | Completed | Startup | |
1. Accelerator/Incubator | 01-Jan-2017 | Completed | Startup |
Cityblock Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series D-2 | ||||||||
Series D-1 | ||||||||
Series C-2 | ||||||||
Series C | ||||||||
Series B+ | ||||||||
Series B-3 | ||||||||
Series B-2 | ||||||||
Series B-1 | ||||||||
Series A | 14,510,040 | $0.000100 | $0.07 | $1.43 | $1.43 | 1x | $1.43 | 18.16% |
Seed | 5,000,000 | $0.000100 | $0.02 | $0.48 | $0.48 | 1x | $0.48 | 6.26% |
Cityblock Comparisons
Industry
Financing
Details
Cityblock Competitors (36)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Carelon Behavioral Health | Formerly PE-Backed | Ashburn, VA | ||||
First Stop Health | Private Equity-Backed | Chicago, IL | ||||
SUN Behavioral Health | Private Equity-Backed | Columbus, OH | ||||
Alma | Venture Capital-Backed | New York, NY | ||||
Spring Health | Venture Capital-Backed | New York, NY |
Cityblock Executive Team (22)
Name | Title | Board Seat |
---|---|---|
Toyin Ajayi | Co-Founder, Chief Executive Officer & President | |
Andrea Blankmeyer | Chief Financial Officer | |
Jeni La | Managing Director, Growth | |
Luke Stepusin | Chief Accounting Officer | |
Susan Brown | Chief Administrative Officer |
Cityblock Board Members (13)
Name | Representing | Role | Since |
---|---|---|---|
Ambar Bhattacharyya | Maverick Ventures | Board Member | |
Andrew Slavitt | Town Hall Ventures | Chairman | |
Christopher Bischoff | Kinnevik | Board Member | |
Daniel Doctoroff JD | Sidewalk Labs | Board Member | |
Deval Patrick | Self | Board Member |
Cityblock Signals
Cityblock Investors (28)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
MicroVentures | Venture Capital | Minority | ||
Citigroup Alternative Investments | PE/Buyout | Minority | ||
Citi Impact Fund | Venture Capital | Minority | ||
Molini Besozzi Marzoli | Venture Capital | Minority | ||
Open Opportunity Fund | Corporate Venture Capital | Minority |
Cityblock FAQs
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When was Cityblock founded?
Cityblock was founded in 2017.
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Who is the founder of Cityblock?
Toyin Ajayi, Bay Gross, and Mat Balez are the founders of Cityblock.
-
Who is the CEO of Cityblock?
Toyin Ajayi is the CEO of Cityblock.
-
Where is Cityblock headquartered?
Cityblock is headquartered in New York, NY.
-
What is the size of Cityblock?
Cityblock has 905 total employees.
-
What industry is Cityblock in?
Cityblock’s primary industry is Clinics/Outpatient Services.
-
Is Cityblock a private or public company?
Cityblock is a Private company.
-
What is Cityblock’s current revenue?
The current revenue for Cityblock is
. -
How much funding has Cityblock raised over time?
Cityblock has raised $886M.
-
Who are Cityblock’s investors?
MicroVentures, Citigroup Alternative Investments, Citi Impact Fund, Molini Besozzi Marzoli, and Open Opportunity Fund are 5 of 28 investors who have invested in Cityblock.
-
Who are Cityblock’s competitors?
Carelon Behavioral Health, First Stop Health, SUN Behavioral Health, Alma, and Spring Health are some of the 36 competitors of Cityblock.
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