Tech Company Financing Transactions
Clever Care Health Plan Funding Round
Norwest Venture Partners and Global Founders Capital participated in a $20 million Series A venture round for Clever Care Health Plan. The round was announced on 4/27/2020.
Transaction Overview
Company Name
Announced On
4/27/2020
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Norwest Venture Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to set up a California Medicare Advantage health plan and hire staff for its two offices in Little Saigon in Orange County and Arcadia in Los Angeles County.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
8990 Westminster Blvd. 3rd Floor
Westminster, CA 92683
USA
Westminster, CA 92683
USA
Phone
Website
Email Address
Overview
Clever Care was founded to help members of the communities we serve understand the complexities of their health care. We are dedicated to providing culturally sensitive health care solutions that offer our members better access to the services they need, in the language they understand.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Firdaus
Chief Financial Officer
Hiep Pham
Chief Information Officer
John Wen
Chief Operating Officer
Myong Lee
Controller
Cindy Kao
Vice President
Peter Winston
VP - Operations
Gloria Long
VP - Product Management
Czarynn Provines
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Next: 4/27/2020: Nuvocargo venture capital transaction
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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