Cityblock

What they do
Cityblock partners with US health insurers and health systems 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 Medicaid and dually eligible 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 130,000 members across more than 10 states
- It has 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 and health systems
- Enhancing AI capabilities to make high-quality healthcare more accessible, responsive, and personalized for vulnerable populations
- Continuing to deepen penetration into established markets by extending service offerings to more members
Read more about Cityblock and the US healthcare system.
Key information
- Value-based healthcare provider for underserved urban populations, with a focus on Medicaid and Medicaid/Medicare dually eligiblemembers
- Over USD 1.5bn in annual recurring revenue at end of 2025
- Serving over 130,000 members across more than 10 US states
- Targeting a market of over 94 million eligible individuals
News in the quarter
- Cityblock announced a new partnership with Mercy Health, a health system in Ohio
- CEO Toyin Ajayi published a joint op-ed with Dr. Shannon Dowler, former chief medical officer of North Carolina Medicaid, about the opportunity for AI in serving rural communities
- Toyin was featured on CNBC’s new “Changemakers and Power Players” podcast and Fortune’s Term Sheet podcast






