• FOUNDING YEAR: 2015
    LOCATION:
    United States
    REGION:
    Last Update:
    2 Jul, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Health insurance provider for US citizens.
MAIN CLIENTS:
Retail Insurance customers, Providers and Brokers
EXISTING PARTNERSHIPS:
Centura Health

PEOPLE

FOUNDERS:
Bob Sheehy (CEO), Kyle Rolfing, Tom Valdivia
Board Members and Advisors:
Bill Geary, Stephen Kraus, Mohamad Makhazoumi, Adair Newhall
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Declaration Partners and Meritech Capital, Town Hall Ventures, Bessemer Venture Partners, Cross Creek Advisors, e.ventures, Flare Capital Partners, GE Ventures, Greenspring Associates, Greycroft Partners, New Enterprise Associates, Noah Lewis, Oxeon Partners, Redpoint, Waterline Ventures
KEY EMPLOYEES:
Lou DiLorenzo (COO); Erin Newkirk(CMO)

TRACTION

VALUATION / MARKET CAP:
$1.07 Billions in 2017
COMMENT:
The company currently offers a range of individual, family and Medicare Advantage plans in Alabama, Arizona, Colorado, New York City, Ohio and Tennessee via its website, call center, broker partners and through government websites as well as public health insurance exchanges. (Nov. 2018)

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$440 Millions
DATE OF LAST FUNDING:
Nov 2018
TOTAL FUNDING COMMENT:
The company will use the capital for expansion in 2020 and beyond, as well as reinforce its consumer-centric technology platform. (Nov. 2018)
FUNDING SERIES:
SERIES A
$80 Millions Closed: Apr 2016
SERIES B
$160 Million Closed: Jun 2017
SERIES C
$200 Millions Closed: Nov 2018
LISTED:
NO

LATEST RESEARCH