One Medical Raises $350 Million From Carlyle Group

One Medical recently announced it has received $350 million from private equity firm Carlyle Group. According to statements from One Medical, the organization plans to use the funds to double the number of offices it has, as well as expand its offerings into new markets.

One Medical—which started off using a direct-to-consumer model in its earlier days—today offers medical care for employees of Adobe and Uber, among other notable companies. Using the new funding, the organization hopes to create a platform that pulls data and medical history from multiple medical records to help ensure that consumers . . .