Cityblock
What They Do
Cityblock partners with US health insurers in value-based care arrangements to manage the care for some of the most complex and underserved patient populations. The company delivers comprehensive, tech-enabled care that includes medical services, behavioral health support and social services.
By reducing preventable emergency room visits and inpatient admissions, Cityblock improves patient outcomes while generating significant cost savings for both patients and insurers. Through its focus on accessible, whole-person care for high-risk and rising-risk populations, Cityblock helps bridge critical gaps in healthcare access and drives meaningful improvements in community health.
Why Kinnevik Invested in Cityblock
Cityblock meets a massive and growing healthcare need in the US with its scalable, community-based care model targeting vulnerable populations. With a vast and growing market of over 94 million eligible beneficiaries, we believe value-based care represents the future of American healthcare.
Led by CEO and co-founder Dr. Toyin Ajayi, Cityblock is uniquely positioned to drive transformational change. The company is delivering exceptional results:
- Since our initial investment, the company has expanded from a small startup to serving over 100,000 members across 7 markets
- Achieved significant cost reductions and improved patient outcomes through its innovative care model
To continue to create value, Cityblock focuses on:
- Expanding partnerships with national and regional health insurers
- Enhancing the tech-enabled care model with ongoing innovations in medical and behavioral health services
- Continuing to deepen penetration into established markets by extending service offerings to more members
Read more about Cityblock and the implications of potential changes to US healthcare programs.
Key Information
- Value-based healthcare provider for underserved urban populations, with a focus on Medicaid and dually eligible members
- Generated more than USD 1bn in revenues in 2024
- Serving over 100,000 members across 7 core markets
- Targeting a market of over 94 million eligible individuals
News in the Quarter
- CEO Toyin Ajayi was featured in CNBC’s 2025 Changemakers list, highlighting women transforming business
- Expanded footprint in North Carolina with a new partnership with UnitedHealthcare and the opening of its sixth community-based clinic in the state. Cityblock now serves over 40,000 members in the state
- Published its third annual report highlighting 8x growth in dually eligible members since 2020
Named one of America’s Best Startup Employers by Forbes, for the third year in a row
