Bright Health

Bright Health

Bright Health is a Minneapolis-based provider of individual, family and Medicare Advantage healthcare plans in Alabama, Arizona, Colorado, New York City, Ohio and Tennessee.

Funding

Bright Health closed their Series C with $200m in November 2018. Investors included Declaration Partners, Meritech Capital, Bessemer Venture Partners, Greycroft, NEA, and Redpoint Ventures. The funding values Bright Health at $950m.

Bright Health has raised a total of $440 million since early 2016. In July 2017, Bright Health closed its Series B with $160m and was valued at $400m.

Timeline

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Bright Health funding round, November 2018
200,000,000
November 2018
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People

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Further reading

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News

Title
Author
Date
Publisher
Description
Heather Landi
October 19, 2020
FierceHealthcare
Global healthcare funding soared in the third quarter, hitting a new record of $21.8 billion across 1,539 deals. Here are the sectors drawing the most interest from investors.
Heather Landi
October 4, 2020
FierceHealthcare
PicnicHealth, a patient health record management startup, banks $25 million, insurance startup Bright Health scores $500 million, Ready lands $54 million for on-demand healthcare, and more funding news from September.
AlleyWatch
September 27, 2020
AlleyWatch
The Pulse of New York Tech
Lydia Ramsey
November 19, 2019
Business Insider
The startups are taking on some of the biggest companies in the US, like UnitedHealth Group and CVS Health.
Kate Clark
November 30, 2018
TechCrunch
Bright Health, another startup seeking to disrupt an antiquated industry, has raised $440 million since 2016.

References

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