Babylon - About the company
Babylon is a public company based in London (United Kingdom), founded in 2013 by Ali Parsadoust. It operates as an Online platform offering healthcare services. Babylon has raised $735M in funding from investors like Kinnevik, Hoxton Ventures and firstchoicemg.com. The company has 123 active competitors, including 13 funded and 11 that have exited. Its top competitors include companies like Kry, Amwell and Qare.
Sectors and market segments that Babylon operate in
Babylon serves in the HealthTech market segments.The primary business model of Babylon is:Company Details
Online platform offering healthcare services. It provides consultations with doctors for monitoring and diagnostics of various diseases. Users can also book an appointment for their treatment and it delivers a prescription for medications. Users can access symptom checkers and health checks by using an app.
- Website
- babylonhealth.com
- Email ID
- *****@babylonhealth.com
- Phone Number
- +44 **********
- Registered Address
- n) 1 Knightsbridge Green London, SW1
Key Metrics
Founded Year
2013
Location
London, United Kingdom
Stage
Public
Total Funding
$735M in 8 rounds
Latest Funding Round
Ranked
1st among 123 active competitors
Annual Revenue
$1B+ as on Dec 31, 2022
Employee Count
227 as on Jun 30, 2026
Exit Details
Public
Legal entities associated with Babylon
Babylon is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Babylon Healthcare Services Limited CIN: 9229684 , Germany, Active | Sep 21, 2014 | £1M - £10M (As on Dec 31, 2019) | 700 (As on Jan 31, 2020) | |
BABYLON HOLDINGS LTD CIN: 1866390 , United States, Active | Feb 12, 2015 | $1B+ (As on Dec 31, 2022) | - | - |
BABYLON HOLDINGS LIMITED CIN: 11289954 , United Kingdom, Active | Dec 31, 2012 | - | 2573 (As on Dec 31, 2021) |
Babylon's IPO details
Babylon got listed on Oct 22, 2021.
Click here to take a look at Babylon's IPO in detail
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Babylon's funding and investors
Babylon has raised a total funding of $735M over 8 rounds. Its first funding round was on 2015. Babylon has 14 institutional investors.
Here is the list of recent funding rounds of Babylon:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 17, 2022 | Undisclosed | Post IPO | - | - | - | - |
Oct 08, 2021 | Undisclosed | Series C | - | - | - | |
Mar 09, 2021 | Undisclosed | Series C | - | - | - |
View details of Babylon's funding rounds and investors
Babylon's founders and board of directors
Founder? Claim ProfileThe founders of Babylon is Ali Parsadoust.
Here are the details of Babylon's key team members:
- Ali Parsadoust: Former Founder & CEO of Babylon. They serve on the board of 1 company.
Babylon's Board of Directors
Babylon's board has 1 active member. Ali Parsadoust is part of team.Here is the list of Babylon's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 11y 9m | |
Independent board member | - | Past | 4y 7m |
View details of Babylon's Founder profiles and Board Members
Babylon's employee count trend
Babylon has 227 employees as of Jun 26. Here is Babylon's employee count trend over the years:
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Babylon's Competitors and alternates
Top competitors of Babylon include Kry, Amwell and Qare. Here is the list of Top 10 competitors of Babylon, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Babylon 2013, London (United Kingdom), Public | Online platform offering healthcare services | $735M | 79/100 | |
2nd | Provider of digital and physical primary urgent and secondary care | $703M | 70/100 | ||
3rd | Amwell 2006, Boston (United States), Public | Provider of telehealth and consultation solutions for doctors and patients | $887M | 70/100 | |
4th | Provider of telemedicine platform for multiple diseases | $32M | 66/100 | ||
5th | Doctor Care Anywhere 2013, London (United Kingdom), Public | Online healthcare consultation | - | - | 62/100 |
6th | Liva Healthcare 2015, Copenhagen (Denmark), Series B | Provider of chronic care management solution for patients and healthcare professionals | $38.1M | 49/100 | |
7th | Push Doctor 2013, Manchester (United Kingdom), Acquired | Provider of an online doctor consultation platform | $77.1M | 48/100 | |
8th | Medefer 2013, London (United Kingdom), Series A | Platform which enables general practitioners to liaise directly with specialists and consultants | $12.9M | 46/100 | |
9th | LIVI 2015, London (United Kingdom), Unfunded | App for doctor teleconsultation | - | - | 46/100 |
10th | Telecare 2019, Blackburn (United Kingdom), Acquired | Provider of teleconsultation services | - | 45/100 |
Looking for more details on Babylon's competitors? Click here to see the top ones
Babylon's Investments and acquisitions
Babylon has made 2 investments in companies including Higi and Grace.health. Babylon has also acquired 3 companies including daytoday and Higi.Here is the list of investments & acquisitions:
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Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jan 19, 2022 | Acquisition | 2018 | Boston (United States) | |
Jan 05, 2022 | Acquisition | 2012 | Chicago (United States) | |
Apr 2021 | Acquisition | 1982 | Novato (United States) |
See all acquisitions by Babylon
Reports related to Babylon
Here is the latest report on Babylon's sector:
News related to Babylon
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Rev Adds AI Development Veteran Aron England as Chief Product and Technology OfficerAiThority•Nov 30, 2023•Rev, Babylon
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Former Babylon Employees Launch their Own Healthtech StartupsClayton County Register•Sep 06, 2023•Babylon
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Signal: Wave of layoffs in medical start-ups exposes underlying vulnerabilityPharmaceutical Technology•Aug 11, 2023•Babylon
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Babylon closes US business, lays off employees after MindMaze take-private deal collapsesFierce Healthcare•Aug 10, 2023•Babylon
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Babylon pursues 'new strategic alternatives' as MindMaze dealMobiHealthNews•Aug 08, 2023•Babylon, MindMaze Therapeutics
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