Tag: One Medical funding

Alphabet-backed One Medical has reportedly announced that it has secured an amount of $350 million in a funding round. This round was led by the Carlyle Group. The company is planning to utilize these funds in an aggressive expansion plan for the company, which will include doubling its 72 offices throughout the seven states. One Medical, at present, is serving and expanding into new markets. The markets have yet not been clarified but they will soon be finalized. Along with this, the funds will also assist the company in taking on dinosaur incumbents in the medical field as well as newer startups with a similar technology offering such as Forward, an AI-based “medical office of the future.” "From the time of our founding by Dr. Tom X Lee, we have been on a mission to create an enti...