Alphabet-backed primary care startup One Medical files to go public

INSUBCONTINENT EXCLUSIVE:
One Medical, a San Francisco-based primary care startup with tech-infused, concierge services filed for an IPO with the Securities and
Exchange Commission today.Internal medicine doctor Tom Lee founded the startup, now valued at well-over $1 billion dollars, in 2007
Lee exited his company in 2017, leaving it in the hands of former UnitedHealth group executive Amir Rubin.The startup currently operates 72
health clinics in nine major cities throughout the U.S., with three more markets expected to open in 2020 and has raised just over $500 in
Morgan and others
filing also mentions the company, which is officially incorporated as 1Life Healthcare Inc
ONEM, now plans to raise about $100 million.Presumably, this money will help the company improve upon its technology and expand to more
markets
has applied for a listing as ticker symbol, ONEM under its common stock on the Nasdaq Global Select Market