What is Amazon One Medical?
Founded in 2007 and headquartered in San Francisco, California, and New York City, One Medical operates as a membership-based primary care practice. The company offers comprehensive in-person care at its various locations, alongside virtual care services. One Medical also collaborates with employers to provide integrated health benefits for their workforces, aiming to deliver a more accessible and efficient healthcare experience. Its model focuses on proactive health management and patient engagement.
How much funding has Amazon One Medical raised?
Amazon One Medical has raised a total of $777.1M across 10 funding rounds:
Series D
$15M
Series E
$20M
Other Financing Round
$30M
Private Equity
$40M
Private Equity
$65M
Private Equity
$350M
Unspecified
$245M
Series D (2009): $15M featuring DAG Ventures, Oak Investment Partners, Benchmark, and Sharon Knight
Series E (2011): $20M backed by DAG Ventures, Oak Investment Partners, Benchmark, and Maverick Capital
Other Financing Round (2013): $30M with participation from GV, Oak Investment Partners, and Benchmark
Private Equity (2014): $40M led by DAG Ventures, Oak Investment Partners, Redmile Group, Google Ventures, Maverick Capital, Ltd., and Benchmark Capital
Private Equity (2015): $65M, investors not publicly disclosed
Private Equity (2018): $350M featuring The Carlyle Group
Unspecified (2020): $245M, investors not publicly disclosed
Key Investors in Amazon One Medical
The Carlyle Group
The Carlyle Group is a global investment firm specializing in private equity, managing numerous funds across buyouts, venture and growth capital, real estate, and leveraged finance. They maintain a worldwide presence, identifying diverse investment opportunities across various markets and sectors.
DAG Ventures
DAG Ventures is a mid-stage venture capital partnership that focuses on supporting visionary entrepreneurs and elite early-stage VCs. The firm emphasizes a service-oriented mindset, aiming for speed, consistency, and simplicity in its operations, with a portfolio including companies like Upwork and Eventbrite.
Oak Investment Partners
Oak Investing specializes in providing investment advice through research, reporting, and simplifying information for investors. Their analysts conduct market research across various segments, aiming to present investment insights in straightforward terms that are easily understandable by the average investor.
What's next for Amazon One Medical?
The substantial enterprise-level funding and recent strategic investment indicate a strong confidence in One Medical's business model and its potential for scaling. This capital infusion is likely to support the expansion of its care network, enhancement of its technology platform for virtual services, and further development of partnerships with corporations seeking to improve employee health outcomes. The company is positioned to further solidify its presence in the competitive healthcare landscape, potentially through strategic acquisitions or deeper integration of its services.
See full Amazon One Medical company page
