Bright Health Overview
- Founded
- 2015
- Status
- Private
- Employees
- 520
- Latest Deal Type
- Series E
- Latest Deal Amount
- $500M
- 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
Website
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
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 |
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% |
Bright Health Comparisons
Description
Primary
Industry
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
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00.000
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Milwaukee, WI
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New York, NY
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As of 0000
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Request a free trialBright 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 |
Bright Health Executive Team (16)
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 |
Bright Health Signals
Growth Rate
0.80%
Weekly
Growth
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
PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.
Request a free trialBright 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 |
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 |
Bright Health Subsidiaries (1)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| 00000 000 000 (000 | Acquirer | Long Beach, CA | 0000 |