Clover Health
2014
FOUNDED
PRIVATE
STATUS
301-400
EMPLOYEES
Series E
LATEST DEAL TYPE
$500M
LATEST DEAL AMOUNT
28
INVESTORS
Description
Operator of a Preferred Provider Organization (PPO) intended to improve the quality of life of their members and physicians. The company's health insurance platform utilizes patient-centered analytics and a dedicated care management team to identify potential risks and directly provide preventive care, enabling patients and their health care providers to reduce avoidable spending and identify and better manage chronic diseases.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Managed Care
Other Industries
Application Software
Life and Health Insurance
Insurance Brokers
Primary Office
- 22 4th Street
- Floor 5
- San Francisco, CA 94103
- United States
+1 (888) 000-0000
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Clover Health Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC (Series E) | 29-Jan-2019 | $500M | 00000 | Completed | Generating Revenue/Not Profitable | |
| 4. Later Stage VC (Series D) | 02-Jun-2017 | 00000 | 00000 | 00.00 | Completed | Generating Revenue/Not Profitable |
| 3. Later Stage VC (Series C) | 20-May-2016 | 00000 | 00000 | 00000 | Completed | Generating Revenue |
| 2. Early Stage VC (Series B) | 16-Dec-2015 | $35M | $135M | 00000 | Completed | Generating Revenue |
| 1. Early Stage VC (Series A) | 18-Sep-2015 | $100M | $100M | 000.00 | Completed | Generating Revenue |
Clover Health Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series D | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series C | 00,000,000 | 00.000000 | 00.00 | 00.0 | 00.0 | 00 | 00.0 | 00.00 |
| Series B | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series A-1 | 7,199,261 | $0.000100 | $0.08 | $1.04 | $1.04 | 1x | $1.04 | 5.63% |
| Series A | 5,274,468 | $0.000100 | $0.08 | $1.04 | $1.04 | 1x | $1.04 | 4.12% |
Clover Health Competitors (6)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Bright Health | Venture Capital-Backed | Minneapolis, MN | 000 | 00000 | 00000000000 | 00000 |
| 0000000 000000 | Venture Capital-Backed | Waltham, MA | 000 | 00000 | 00000000000 | 00000 |
| 00000 | Venture Capital-Backed | New York, NY | 00.000 | 0000000000 0 | 00.000 | |
| 0000 000000 00 000 | Corporation | San Francisco, CA | 0000 | |||
| 0000000000 000000 | Venture Capital-Backed | San Francisco, CA | 000 | 00000 | 00000000000 | 00000 |
Clover Health Acquisitions (1)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| 00000 00000 0000 0 | 000000000000000000 | Multi-line Insurance |
Clover Health Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| 00000 00000 0000 0 | Multi-line Insurance | Silver Spring, MD | 0000 |
Clover Health Investors (28)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Baillie Gifford | Asset Manager | Minority | 000 0000 | 000000 0 | ||
| BoxGroup | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Expanding Capital | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| GV | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | ||
| M13 | Venture Capital | Minority | 000 0000 | 000000 0 |
Clover Health Executive Team (27)
12 Former Executives
You’re viewing 5 of 27 executives. Get the full list »Clover Health Board Members (8)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Andrew Toy | Self | Chief Technology Officer, President & Board Member | 000 0000 | |
| Benny Peretz | Greenoaks Capital Partners | Board Member | 000 0000 | |
| Kris Gale | Clover Health | Co-Founder, Board Member & Advisor | 000 0000 | |
| Michael Dixon | Sequoia Capital | Board Member | 000 0000 | |
| Nathaniel Turner | Self | Board Member & Advisor | 000 0000 |
1 Former Board Member
You’re viewing 5 of 8 board members. Get the full list »