Friday, May 3

Tag: One Medical

Top 5 Funding of The Week (20th August – 25th August)
FUNDING

Top 5 Funding of The Week (20th August – 25th August)

Funding refers to the process of raising funds for the purpose of business growth and these days funding has become a very important part of the business and startup world. Without funding, it is quite impossible to think about the growth of a business. The last week was quite eventful in terms of funding activities and thus, we have a list of the top five funding activities of the week. The largest amount that was raised this week was $350 million by  One Medical. Lets now dig into the details and have a look at the other funding activities as well.   1) ELARA TECHNOLOGIES Elara Technologies, the owner of Housing.com, PropTiger.com and Makaan.com that is based in Singapore has reportedly raised an amount of $35 million in a fresh funding round. The round was led by ...
Alphabet-backed One Medical Raises $350 Million
FUNDING

Alphabet-backed One Medical Raises $350 Million

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...