Essence Healthcare Overview
- Year Founded
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2003
- Status
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Private
- Employees
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1,200
- Latest Deal Type
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2ndary - Private
Essence Healthcare General Information
Description
Provider of health insurance plans intended to offer Medicare-focused medical coverage. The company offers Medicare advantage plans with features including low monthly premiums, coverage for medical, hospital, dental, vision, and hearing services, and the option to access out-of-network providers, enabling Medicare beneficiaries to access healthcare with coordinated support from medical professionals.
Contact Information
Website
www.essencehealthcare.comCorporate Office
- 13900 Riverport Drive
- Maryland Heights
- Saint Louis, MO 63043
- United States
Corporate Office
- 13900 Riverport Drive
- Maryland Heights
- Saint Louis, MO 63043
- United States
Essence Healthcare Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Secondary Transaction - Private | 01-Jan-2026 | Completed | Generating Revenue | |||
| 6. Later Stage VC | 03-Jul-2017 | Completed | Generating Revenue | |||
| 5. Debt - General | 22-Mar-2017 | Completed | Generating Revenue | |||
| 4. Debt - General | 22-Apr-2016 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series 2) | 26-Oct-2011 | Completed | Generating Revenue | |||
| 2. Later Stage VC (Series E) | 08-Sep-2010 | $31.7M | $73M | Completed | Generating Revenue | |
| 1. Later Stage VC (Series D) | 20-Sep-2007 | $41.3M | $41.3M | Completed | Generating Revenue |
Essence Healthcare Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series 4 | ||||||||
| Series 3A | ||||||||
| Series 3 | ||||||||
| Series 2A | ||||||||
| Series 2 | ||||||||
| Series 1A | 114,251,487 | $0.000100 | 8% | $0.69 | $1.02 | 1x | $0.69 | 14.54% |
| Series 1 | 104,595,745 | $0.000100 | 8% | $0.69 | $1.02 | 1x | $0.69 | 13.31% |
Essence Healthcare Comparisons
Industry
Financing
Details
Essence Healthcare Competitors (11)
One of Essence Healthcare’s 11 competitors is Humana (Life and Health Insurance), a Corporation company based in Louisville, KY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Humana (Life and Health Insurance) | Corporation | Louisville, KY | ||||
| Elevance Health | Corporation | Indianapolis, IN | ||||
| Peoples Health | Corporate Backed or Acquired | Metairie, LA | ||||
| Health Care Service | Private Debt Financed | Chicago, IL | ||||
| Cigna Insurance Services | Formerly PE-Backed | London, United Kingdom |
Essence Healthcare Related Research & Analysis
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Essence Healthcare Signals
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Majestic Referring Domains
Essence Healthcare Acquisitions (3)
Essence Healthcare’s most recent deal was a Merger/Acquisition with Stanford Health Care Advantage. The deal was made on 05-Aug-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Stanford Health Care Advantage | 05-Aug-2021 | Merger/Acquisition | Managed Care | ||
| Mutual of Omaha (Medicare Advantage business) | 24-Feb-2020 | Merger/Acquisition | Managed Care | ||
| Wellinx | 10-Dec-2007 | Merger/Acquisition | Enterprise Systems (Healthcare) |
Essence Healthcare FAQs
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When was Essence Healthcare founded?
Essence Healthcare was founded in 2003.
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Where is Essence Healthcare headquartered?
Essence Healthcare is headquartered in Saint Louis, MO.
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What is the size of Essence Healthcare?
Essence Healthcare has 1,200 total employees.
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What industry is Essence Healthcare in?
Essence Healthcare’s primary industry is Life and Health Insurance.
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Is Essence Healthcare a private or public company?
Essence Healthcare is a Private company.
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What is Essence Healthcare’s current revenue?
The current revenue for Essence Healthcare is .
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How much funding has Essence Healthcare raised over time?
Essence Healthcare has raised $282M.
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Who are Essence Healthcare’s competitors?
Humana (Life and Health Insurance), Elevance Health, Peoples Health, Health Care Service, and Cigna Insurance Services are some of the 11 competitors of Essence Healthcare.
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