Tech Company Financing Transactions
Clover Health Funding Round
Clover Health closed a $130 million funding round on 5/15/2017. Investors included First Round Capital, Greenoaks Global and GV.
Transaction Overview
Company Name
Announced On
5/15/2017
Transaction Type
Venture Equity
Amount
$130,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The cash infusion boosts total funding to $425 million and bankrolls the start of Clover's expansion with operations planned in as many as three more states by October.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
22 4th St. 10th Floor
San Francisco, CA 94103
USA
San Francisco, CA 94103
USA
Phone
Website
Email Address
Overview
Clover Health is driving down costs and producing improved health outcomes with a unique health insurance plan. We use sophisticated analytics and custom software to direct our own clinical staff to proactively fill in gaps in the care of our members. We have a proven model we're scaling out.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Vivek Garipalli
Chief Technical Officer
Kris Gale
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