Cohere Health Overview
- Year Founded
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2019
- Status
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Private
- Employees
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771
- Latest Deal Type
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Series C
- Latest Deal Amount
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$90M
- Investors
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6
Cohere Health General Information
Description
Operator of a clinical intelligence company intended to offer intelligent prior authorization by aligning physicians and health plans. The company's intelligent prior authorization is configurable for each health plan's needs and can be implemented as a fully outsourced utilization management service, providing patients and doctors with end-to-end authorization automation to digitize the process and guide care across the entire patient journey.
Contact Information
Website
www.coherehealth.comCorporate Office
- 226 Causeway Street
- Suite 403
- Boston, MA 02114
- United States
Corporate Office
- 226 Causeway Street
- Suite 403
- Boston, MA 02114
- United States
Cohere Health Timeline
Cohere Health Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC (Series C) | 14-May-2025 | $90M | Completed | Generating Revenue | ||
| 4. Later Stage VC (Series B) | 01-Feb-2024 | Completed | Generating Revenue | |||
| 3. Debt - General | 22-Jul-2022 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series B) | 19-Jul-2022 | $36.1M | $56.1M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 11-Sep-2020 | $20M | $20M | Completed | Generating Revenue |
Cohere Health Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B-2 | ||||||||
| Series B-1 | ||||||||
| Series B | ||||||||
| Series A-3 | ||||||||
| Series A-2 | 4,666,666 | $0.001000 | $1.5 | $1.5 | 1x | $1.5 | 8.53% | |
| Series A-1 | 3,000,000 | $0.001000 | $1 | $1 | 1x | $1 | 5.48% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Cohere Health Comparisons
Industry
Financing
Details
Cohere Health Competitors (9)
One of Cohere Health’s 9 competitors is Myndshft, a Private Equity-Backed company based in Mesa, AZ.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Myndshft | Private Equity-Backed | Mesa, AZ | ||||
| Vivify Health | Formerly VC-backed | Plano, TX | ||||
| Availity | Private Equity-Backed | Jacksonville, FL | ||||
| Medisafe | Venture Capital-Backed | Boston, MA | ||||
| Waystar Health | Private Equity-Backed | Louisville, KY |
Cohere Health Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Cohere Health Patents
Cohere Health Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20220319681-A1 | Systems and methods for guiding traversal through logic series for event chains | Inactive | 26-Mar-2021 | ||
| US-20220319682-A1 | Systems and methods for guiding traversal through logic series for event chains | Active | 26-Mar-2021 | ||
| US-11842801-B2 | Systems and methods for guiding traversal through logic series for event chains | Active | 26-Mar-2021 | G16H40/20 |
Cohere Health Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Cohere Health Investors (6)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Temasek Holdings | Sovereign Wealth Fund | Minority | ||
| Deerfield Management | Venture Capital | Minority | ||
| Longitude Capital | Venture Capital | Minority | ||
| Polaris Partners | Venture Capital | Minority | ||
| Define Ventures | Venture Capital | Minority |
Cohere Health FAQs
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When was Cohere Health founded?
Cohere Health was founded in 2019.
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Where is Cohere Health headquartered?
Cohere Health is headquartered in Boston, MA.
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What is the size of Cohere Health?
Cohere Health has 771 total employees.
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What industry is Cohere Health in?
Cohere Health’s primary industry is Enterprise Systems (Healthcare).
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Is Cohere Health a private or public company?
Cohere Health is a Private company.
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What is the current valuation of Cohere Health?
The current valuation of Cohere Health is .
-
What is Cohere Health’s current revenue?
The current revenue for Cohere Health is .
-
How much funding has Cohere Health raised over time?
Cohere Health has raised $213M.
-
Who are Cohere Health’s investors?
Temasek Holdings, Deerfield Management, Longitude Capital, Polaris Partners, and Define Ventures are 5 of 6 investors who have invested in Cohere Health.
-
Who are Cohere Health’s competitors?
Myndshft, Vivify Health, Availity, Medisafe, and Waystar Health are some of the 9 competitors of Cohere Health.
Data Transparency
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