GV was among the investors in a round that valued the big data-infused health insurance company, which has now raised $425m inside two years, at $1.2bn.
US-based health insurance provider Clover Health has raised $130m at a $1.2bn valuation from investors including GV, a corporate venturing subsidiary of internet technology group Alphabet, Bloomberg has reported.
Palm Drive Capital, Western Technology Investment, Greenoaks Capital Management, Sequoia Capital and First Round Capital also participated in the round.
Founded in 2012, Clover has built a health insurance platform that utilises big data and analytics to study information from prescriptions, laboratory results and other data points to identify risks that…
