Tech Company Financing Transactions

Clover Health Funding Round

Clover Health, operating out of San Francisco, secured $160 million in funding from Greenoaks Global, First Round Capital and Sequoia Capital.

Transaction Overview

Company Name
Announced On
5/20/2016
Transaction Type
Venture Equity
Amount
$160,000,000
Round
Undisclosed
Investors

Greenoaks Global (Lead Investor) (Benny Peretz)

First Round Capital (Josh Kopelman)

Sequoia Capital (Michael Dixon)

Proceeds Purpose
The company will use the cash to continue improving its technology and expand to new markets, it said in a statement Friday.

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


 

 

Browse more venture capital transactions:

Prev: 5/20/2016: Terramera venture capital transaction
Next: 5/20/2016: Bloomfire venture capital transaction

 

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