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Investing in CityBlock Stock | How to Buy Pre-IPO Shares (2025)
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CityBlock is a healthcare solutions provider with a reputation for quality and accessibility. The company’s people-centric approach to care focuses on filling the gaps in the current system helping the average patient get the most out of their efforts. These gaps can range from providing helpful information such as appointment times, answering questions, and treatment options, all the way to delivering the services directly via community centers and partnering with local healthcare providers, drug manufacturers, and more.
CityBlock’s value-based care strategy has helped it to secure a spot as a premier care provider in the market. Additionally, its positioning and services continue to drive interest in its shares. Currently, CityBlock is privately held, meaning that pre-IPO shares will be the best way to gain a stake in the ownership of this fast-growing healthcare solutions provider.
What is CityBlock?
CityBlock entered the market in 2017 as a comprehensive health tech ecosystem. The founders, Iyah Romm, Toyin Ajayi, and Bay Gross, saw inefficiencies in the current US healthcare system and how they negatively affect patients’ ability or willingness to seek medical attention. CityBlock seeks to eliminate these roadblocks and make it so that regardless of their financial status anyone can access life-saving care.
Today, CityBlock serves a crucial role in ensuring that high-risk communities have access to medical, mental health, and social services. To accomplish this task, the company employed a unique business strategy that combines neighborhood health hubs with local providers. This approach allows CityBlock members to access a variety of healthcare devices efficiently.

Source – CityWide
Interestingly, CityBlock takes a tailored approach to each area. As such, its services vary depending on the needs of that particular community. In some cities, it focuses heavily on social services, while other neighborhoods may require quality primary care. This flexibility helped CityBlock maximize its value and community participation.
The neighborhood health hubs provide easy access to high-risk communities that may lack transportation. Currently, the group has health hubs in Washington, D.C., Florida, Illinois, Ohio, Indiana, Massachusetts, New York, and North Carolina. In the coming months, there are plans to expand operations into other communities.
Historical Funding Rounds
Summary of CityBlock Funding:
- Total Funding: CityBlock secured $900M across 6 funding rounds.
- Largest Round: CityBlock’s largest funding round secured $374M on Sep 03, 2021.
- Investors: A total of 23 institutional investors back CityBlock
- Latest Round: The latest funding round raised $374M and was a Series D round held on Sep 03, 2021.
Funding Rounds Breakdown:
- 3 Early-Stage
- 3 Late-Stage
Key Investors:
There are several key investors that back CityBlock including Alphabet, 8VC, Echo Health Ventures, StartUp Health, Maverick Ventures, Sidewalk Labs, Thrive Capital, Thrive Capital, Sidewalk Labs, Oxeon Partners, Wellington, Kinnevik, Maverick Ventures, 8VC, Echo Health Ventures, Redpoint Ventures, EmblemHealth, Goldman Sachs.
Funding and Investor from Tracxn
Why Invest in CityBlock?
The main reason to invest in CityBlock is its unique and community-based business model. The company secures returns and improves the lives of patients across the US. Its relationship-based services offer those in need a streamlined and simplified solution to the complex healthcare options available today.
Vital Tool for Patients: CityBlock has strategic partnerships with leading healthcare providers and community-based organizations. This positioning allows the company to remain on the frontline when it comes to providing cost-saving healthcare services to communities in need. For many people, CityBlock is a vital tool that empowers them to navigate a complex and nuanced system that can leave patients lost and disheartened.
Easy Onboarding: CityBlock’s improved care delivery begins with its streamlined onboarding process. Members can sign up and begin receiving supplemental health care from day one. These services include a 24/7 healthcare hotline, enabling patients to get care-related answers without delay. Its members can call and ask professional healthcare questions ranging from care to financial services.
Effective Business Model: CityBlock’s positioning enables it to secure returns while offering upgraded solutions to the market. The company’s dedication to improving the patient experience, coupled with its effective leadership and strategic partnerships, continues to drive interest in CityBlock shares.
Regional-based Care: Another reason why CityBlock continues to see success is that it remains flexible in its approach to each market. Like its personalized approach to patients, CityBlock examines each community, laying out its strengths and weaknesses in terms of healthcare and social services. This company then focuses on the areas that require the most attention, improving the entire healthcare experience.
Media Support: CityBlock continues to garner positive media attention due to its helpful services and impact on patients’ lives. The company has been featured in Forbes, Spectrum News, National Academy of Medicine, Stat, and many more globally recognized publications. This support highlights the company’s commitment to the community and its goal to make healthcare easy for all.
IPO Speculation: Investors are eager to gain exposure to CityBlock assets. If CityBlock announces plans to go public, it will cause a lot of investor excitement. The firm is seen by many as a pioneering platform that seeks to bring about positive change in the healthcare sector. As such, investors remain eager to participate in the company whenever possible.
How to Buy CityBlock Pre-IPO Shares
CityBlock doesn’t have any official plans to host an IPO. However, the company’s strong institutional backing makes an IPO a legitimate option. Currently, CityBlock remains a privately held company, meaning that you will need to utilize a specialized approach to get access to shares. Here’s what you need to consider.
1. Pre-IPO Secondary Marketplace
Investors sometimes gain exposure to private companies through secondary marketplaces, which connect accredited investors with early shareholders—such as employees, venture firms, or insiders—looking to sell shares before a company’s IPO.
Pre-IPO investments offer the chance to invest during a company’s high-growth phase, often at lower valuations than in the public markets. However, these opportunities come with important considerations:
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Eligibility: Secondary markets typically require you to be an accredited investor, meaning you must meet certain income or net worth thresholds.
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Liquidity Risk: Private shares are usually illiquid until the company goes public or is acquired, meaning you may need to hold them for several years—or potentially indefinitely.
If you meet the requirements and are comfortable with the risks, several platforms offer access to pre-IPO opportunities:
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Forge Global: One of the largest private stock marketplaces, offering shares in late-stage startups like SpaceX, Stripe, and Databricks. Minimums typically start around $100,000.
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EquityZen: A popular platform allowing accredited investors to buy into private companies with minimums as low as $5,000. Past offerings include companies like Discord and UiPath.
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Rainmaker Securities: A full-service broker that helps source and negotiate private share sales, including opportunities in companies like OpenAI, Stripe, and Palantir.
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Hiive: A newer platform with live bid/ask pricing for hundreds of private companies. Transparent and low-fee, with minimums starting around $25,000.
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MicroVentures: Offers pooled access to late-stage companies through special purpose vehicles (SPVs), including past investments in SpaceX and Instacart.
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EquityBee: Allows investors to fund employee stock option exercises at startups, often at discounted valuations, with minimums around $10,000.
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Augment: A digital-first marketplace showing real-time pricing for pre-IPO shares, targeting tech-savvy investors and offering lower transaction fees.
- StartEngine Private: Launched in late 2023, this platform offers accredited investors access to Regulation D offerings in later-stage, venture-backed companies. In its first nine months, it generated $16.5 million in revenue, with average investments around $32,000
Important: Always perform thorough due diligence and consult a financial advisor before investing in private company shares.
2. Private Equity Firms
Private equity firms gain access to pre-IPO shares during investment rounds. They then offer these shares to high-net-worth accredited investors with a commission. Notably, private equity firms are known to have extra stipulations, including blocking the sale of shares for years in some cases.
3. Employee Equity Sales
Many consider employee equity sales as the best way to acquire pre-IPO shares in CityBlock. This method of acquiring pre-IPO shares requires you to connect with former employees. It’s common for companies to issue shares as part of an incentive package. Notably, this profit-sharing method has become more popular, leading to more pre-IPO share opportunities for investors.
Private Transactions: there are a lot of hoops you will need to jump through to complete a private pre-IPO transaction, including creating specific legal agreements, conducting valuations, and setting in place any limitations on the transfer of the asset.
Brokerage: Brokers will take a lot of the confusion out of the pre-IPO process. These professionals can guide you through each step, ensuring full compliance and avoiding common errors untrained professionals make.
There are several risks that you should consider before jumping into the pre-IPO shares investment arena. Here are the top concerns:
Liquidity Risk
If you are looking for an asset that you can sell right away, pre-IPO shares are not the best option. These investments can include sales and transfer clauses that prevent the transfer of the asset until certain criteria, such as the IPO’s completion. It’s even common for pre-IPO shares to require you to wait years before gaining the ability to sell your assets.
Regulatory Risk
The blockchain market has seen considerable scrutiny from regulators and lawmakers. While the technology is far better understood than in its early days, there are still many lawmakers who see it as a threat to the traditional financial system. As such, you need to always consider how new regulations could affect the value of your pre-IPO shares.
Market Risk
Purchasing pre-IPO shares in CityBlock means that you stand behind the project and its team. The company has secured a reputation for excellence and has previously expressed a desire to go public. However, no concrete data has been provided yet. As such, it’s vital to understand that the blockchain market is an active space that experiences strong fluctuations that could result in a different share value between now and any future IPO launch.
Valuation of CityBlock and Future IPO
CityBlock is valued at $5.7B, qualifying it in Unicorn status. The company currently ranks 11th in the health tech sector. It continues to secure strong financial support from institutional investors, including some of the most notable tech firms in the world, like Alphabet. The company remains a positive movement in a healthcare market that can often look like it only cares about revenue. These factors, combined with the company’s patient-focused business model, make it stand out against the competition, enabling it to climb to the top of the market in terms of notoriety and investor support.
If CityBlock announces plans to go public, its IPO could be one of the largest health tech events to date. The company is strategically positioned in a fast-growing sector that has massive upside potential. It has already secured support from many of the top-performing investment and tech firms in the world and more communities seek to integrate its services in the coming months. As such, its shares remain in high demand across the investment community.
Conclusion
Those who can qualify for CityBlock Pre-IPO shares should consider all aspects of the investment. The company has proven to provide powerful and effective ways to enhance the healthcare system. It has helped thousands of patients stay healthy and continues to ensure that those in need gain access to care without adding to their stress. Additionally, its community-based approach helps guarantee funding goes to the most effective ways to help people based on their particular region and scenario. As such, there are a lot of reasons why you would want to add CityBlock Pre-IPO shares to your portfolio.
It’s recommended that you conduct thorough research of any firm before making pre-IPO investments. A lot of different factors make pre-IPO investing a bit more risky than traditional IPO purchases, including lock-up periods, no-sale clauses, and other unique factors. Additionally, there’s no guarantee that a company will continue to operate with the same level of success during the time between your pre-IPO investment and an IPO date. As such, it’s recommended that you conduct research into company financials and consult a professional to ensure you remain within your risk appetite.
Disclaimer: This article is for informational purposes only and does not constitute financial, legal, or investment advice. Pre-IPO shares are typically available only to accredited investors and carry significant risk. Always perform thorough due diligence and consult a financial advisor or legal expert before making investment decisions.