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

First Round Capital (Josh Kopelman)

Greenoaks Global (Benny Peretz)

GV

Palm Ventures

Sequoia Capital (Michael Dixon)

Western Technology Investment

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
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
Clover Health LinkedIn Company Profile
Social Media
Clover Health Company Twitter Account
Company News
Clover Health News
Facebook
Clover Health on Facebook
YouTube
Clover Health on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Vivek Garipalli
  Vivek Garipalli LinkedIn Profile  Vivek Garipalli Twitter Account  Vivek Garipalli News  Vivek Garipalli on Facebook
Chief Technical Officer
Kris Gale
  Kris Gale LinkedIn Profile  Kris Gale Twitter Account  Kris Gale News  Kris Gale on Facebook


 

 

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