Clover Health Obtains $35,000,000 Series B Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=e88674b2-2623-4bb2-93b1-646c897c5df4 - Date
12/16/2015 - Company Name
Clover Health - Mailing Address
22 Fourth St. 6th Floor San Francisco, CA 94103 USA - Company Description
It all starts with our insurance model. We align with physicians by reducing friction and increasing transparency, leading to improved patient care. Our physicians are able to focus on people, not paperwork. - Website
http://www.cloverhealth.com - Transaction Type
Venture Equity - Transaction Amount
$35,000,000 - Transaction Round
Series B - Proceeds Purposes
The company plans to use the additional financing to rapidly scale its engineering, data science and care management teams to drive growth and innovation as well as expand Clover Health to new markets. - M&A Terms
- Venture Investor
Sequoia Capital - Venture Investor
First Round Capital - Venture Investor
Athyrium Opportunities Fund
