Babylon Health was a digital-first healthcare company providing virtual consultations with doctors and health professionals via text and video messaging through its mobile application. The company combined AI-driven technology with telemedicine to offer primary care, behavioral health, chronic care management, and referrals to in-person care. Founded in 2013 in London, Babylon expanded to 17 countries before collapsing into administration and bankruptcy in 2023.
Babylon Health has filed for bankruptcy
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2013
Employees
2,100–2,600
Total Funding
$967M
6 rounds
Latest Valuation
$4.2B
June 3, 2021
Total raised $967M across 6 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
PIPE (pre-SPAC)
Date
June 3, 2021
Amount
$230M
Valuation
$4.2B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| June 3, 2021 | PIPE (pre-SPAC) | $230M | $4.2B | Not named |
| 2020 | Convertible note | $100M | — | Not disclosed |
| August 2, 2019 | Series C | $550M | $2B | Public Investment Fund |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series C
$2B
Aug 2019
Babylon Health today
$4.2B
Jun 2021 · latest mark
Babylon Health multiple
2.1x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Ali Parsa
Founder & CEO
Michael Cole
Director
Competitor list is illustrative and may be incomplete, stale, or erroneous.
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