#LLABlog – CityBlock, Co-Founded by Toyin Ajayi, becomes latest Black-led company to achieve unicorn status

Dr. Toyin Ajayi

Toyin Ajayi is Chief Health Officer of Cityblock Health, a New York-based health and social services company focused on enabling a path to healthier communities through a digitally-enabled, integrated medical, behavioural health and social service delivery model for low-income Medicaid populations with complex needs.

The company, which was co-founded by Dr Toyin Ajayi, has become the latest Black-led company to achieve unicorn status — that is when a privately-owned start-up company achieves a valuation of $1 billion or more. 

CityBlock, which bills itself as a “primary care startup” that specifically targets underserved communities, has just announced that it has raised $160 million in its latest funding round led by General Catalyst, according to MedCity News.

“We are fortunate to be in a position where we’ve started to see proof points of our model,” Dr Ajayi, CityBlock’s co-founder and chief health officer, said to MedCity News. “It’s personal for all of us. I’m a family doctor and I still see patients.”

 

This blog was culled from Afro Tech.

 

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