Funding round
Blink Health Series C
Blink Health, which works in digital pharmacy platform services in New York, raised $205M in a Series C round announced on 27 Oct 2020, led by SuRo Capital, at a $829M post-money valuation. 3 firms took part. It is Blink Health's second venture round on record; the one before was a Series B in Apr 2017.
$205M
Amount raised
$829M
Post-money valuation
3
Investors
1 lead
25%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Blink Health at $829M after the new money. The $205M bought investors about 25% of the company. It came 42 months after Blink Health's Series B. It is 47% of the $435M Blink Health has raised in the venture rounds on record. Blink Health raised again 49 months later: a Series D round of $140M in Nov 2024.
Investors
Who put money in
SuRo Capital led the round with 2 other firms.
Lead investor
- SuRo Capital new investor
Also in the round
- backs 50 venture-backed companies new investor
- Sweetwater Capital Partners new investor
Comparable rounds
How it compares
The closest in time: 1 in Drug Stores & Pharmacies, then Series C rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Drug Stores & Pharmacies | 20 Oct 2020 | $75M | not disclosed | Oak HC/FT |
| Refrigeration Equipment & Supplies | 2 Oct 2020 | $275M | not disclosed | not named |
| Tech Companies | 6 Oct 2020 | $207M | $2.00B | BlackRock |
| Bird Tech Companies | 8 Oct 2020 | $200M | $3.00B | Spark Capital |
| Tekion Tech Companies | 21 Oct 2020 | $150M | $1.00B | Advent International |
| Applied Intuition Tech Companies | 22 Oct 2020 | $125M | $1.25B | Lux Capital and Andreessen Horowitz |
| Groceries | 27 Oct 2020 | $121M | not disclosed | Investment Corporation of Dubai |
| Tech Companies | 27 Oct 2020 | $120M | not disclosed | SoftBank Vision Fund |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Blink Health raise in its Series C round?
Blink Health raised $205M in its Series C round, announced in Oct 2020.
Who led Blink Health's Series C round?
SuRo Capital led it, with K Fund and Sweetwater Capital Partners.
What was Blink Health's valuation at the Series C round?
$829M post-money.
Did Blink Health raise again after this round?
Yes: a Series D round in Nov 2024 of $140M.