Tech Track 100

This digital healthcare provider launched a Covid-19 care assistant in March to provide advice, check symptoms and offer a treatment plan and information on self-isolating. Founded in 2013 by chief executive Ali Parsa, 55, it has had five million registrations and operates in the UK, US, Canada, Africa, Asia and the Middle East. It is in partnership with the Bill and Melinda Gates Foundation to provide healthcare services to 30% of Rwanda’s adult population. Revenues reached £14.8m last year, after a $550m fundraising round in August 2019 from investors including Saudi Arabia’s Public Investment Fund and existing investors Kinnevik Capital, which valued the business at more than $2bn.

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Company details
Year2020
Rank13
CompanyBabylon Health
ActivityMobile healthcare app
LocationCentral London
Average 3 year sales growth154.35%
Latest sales £000s*14,810
Staff1,800
Founded2013
Websitewww.babylonhealth.com

If applicable:

* supplied by company † annualised figure