Greenoaks Capital has led a $500m funding round for Clover Health, a health insurance provider that last raised cash in a $130m GV-backed round in 2017.
Clover Health, a US-based health insurance provider backed by internet technology group Alphabet, has raised $500m in funding from investors led by family office Greenoaks Capital, TechCrunch reported yesterday.
The company has confirmed it expects to formally close the round within weeks but did not offer further details.
Founded in 2012, Clover Health operates a health insurance platform that relies on big data analytics to detect issues that can be tackled proactively and thereby reduce costs, collecting both health and…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.
