Bright Health Overview

  • Founded
  • 2015
Founded
  • Status
  • Private
  • Employees
  • 520
Employees
  • Latest Deal Type
  • Series E
  • Latest Deal Amount
  • $500M
Latest Deal Amount
  • Investors
  • 17

Bright Health General Information

Description

Operator of a health insurance service platform designed to deliver the best healthcare experience. The company's health insurance service platform partners with health systems and care partners to provide health plans and connected healthcare experience to support relationships between consumers and care providers, enabling users to access affordable health insurance plans.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Life and Health Insurance
Other Industries
Other Healthcare Services
Business/Productivity Software
Application Software
Primary Office
  • 219 North 2nd Street
  • Suite 401
  • Minneapolis, MN 55401
  • United States

Bright Health Timeline

2018201920202021
Financing RoundCaptured Employee CountEstimated Employee Growth
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Bright Health Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Later Stage VC (Series E) 09-Sep-2020 $500M 00.000 000 Completed Generating Revenue
5. Later Stage VC (Series D) 16-Dec-2019 00000 00.000 00.000 Completed Generating Revenue
4. Later Stage VC (Series C) 29-Nov-2018 00000 00000 00000 Completed Generating Revenue
3. Early Stage VC (Series B) 01-Jun-2017 00000 00000 00000 Completed Generating Revenue
2. Early Stage VC (Series A) 04-Apr-2016 $81.7M $81.7M 00000 Completed Startup
1. Seed Round Completed Startup
To view Bright Health’s complete valuation and funding history, request access »

Bright Health Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series E 00,000,000 00.000000 000.00 000.00 00 000.00 00.00
Series D 00,000,000 00.000000 000.00 000.00 00 000.00 00.000
Series C 00,000,000 00.000000 00.00 00.00 00 00.00 00.00
Series B 32,277,856 $0.000100 $5.05 $5.05 1x $5.05 16.48%
Series A 32,438,580 $0.000100 $2.55 $2.55 1x $11.27 3.75%
To view Bright Health’s complete cap table history, request access »

Bright Health Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Operator of a health insurance service platform designed to deliver the best healthcare experience. The company's health
Life and Health Insurance
Minneapolis, MN
520 As of 2020
00.000
00 0000-00-00
00000000000 00.000

00000000

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000000000000000000000 00000000
Milwaukee, WI
000 As of 0000
00000
000000&0

00000

aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cill
0000 000 000000 000000000
New York, NY
0000 As of 0000
00.000
0000000000 0 00.000
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Bright Health Competitors (23)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Connecture Formerly PE-Backed Milwaukee, WI 000 00000 000000&0
00000 Venture Capital-Backed New York, NY 0000 00.000 0000000000 0 00.000
0000 000000 00 000 Corporation Oakland, CA 0000
0000 0000000 00000 Formerly PE-Backed Boca Raton, FL 000 000000&0
0000000000.000 Venture Capital-Backed Miami, FL 000 000.00 00000000000 000.00
You’re viewing 5 of 23 competitors. Get the full list »

Bright Health Executive Team (16)

Name Title Board Seat Contact Info
G. Mike Mikan Co-Chief Executive Officer & President
Robert Sheehy Co-Founder and Executive Chairman of the Board
Simeon Schindelman Co-Chief Executive Officer
Andrew Wyhinny Director of Medicare
Rachel Winokur Chief Business Officer
You’re viewing 5 of 16 executive team members. Get the full list »

Bright Health Board Members (9)

Name Representing Role Since
Adair Newhall Greenspring Associates Board Member 000 0000
Andrew Slavitt Self Board Member 000 0000
Bill Geary Self Board Observer 000 0000
Jeff Folick Bright Health Board Member 000 0000
Mohamad Makhzoumi New Enterprise Associates Board Member 000 0000
You’re viewing 5 of 9 board members. Get the full list »

Bright Health Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Bright Health Investors (17)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
The Blackstone Group PE/Buyout Minority 000 0000 000000 0
Tiger Global Management Venture Capital Minority 000 0000 000000 0
T. Rowe Price Asset Manager Minority 000 0000 000000 0
Australia Future Fund Sovereign Wealth Fund Minority 000 0000 000000 0
Declaration Partners Family Office Minority 000 0000 000000 0
You’re viewing 5 of 17 investors. Get the full list »

Bright Health Acquisitions (4)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000000 000 000 13-Jan-2021 000000000000000000 Life and Health Insurance
0000000 000000 000 06-Jan-2021 000000000000000000 Managed Care 0. 0000 00000
00000 000 000 (000 30-Apr-2020 000000000000000000 Other Healthcare Services 0. 0000 00000
Spyder Trap 20-Jul-2017 Merger/Acquisition Multimedia and Design Software 000000 000000
To view Bright Health’s complete acquisitions history, request access »

Bright Health Subsidiaries (1)

Company Name Industry Location Founded
00000 000 000 (000 Acquirer Long Beach, CA 0000
To view Bright Health’s complete subsidiaries history, request access »