Bright Health Revenue and Competitors

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Location

$2.3B

Total Funding

Estimated Revenue & Valuation

  • Bright Health's estimated annual revenue is currently $224.6M per year.(i)
  • Bright Health received $200.0M in venture funding in November 2018.
  • Bright Health's estimated revenue per employee is $200,200
  • Bright Health's total funding is $2.3B.
  • Bright Health's current valuation is $1B.

Employee Data

  • Bright Health has 1122 Employees.(i)
  • Bright Health grew their employee count by 47% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$22.7M17261%N/AN/A
#2
$2815.1M7291-2%N/AN/A
#3
$1160M58640%$1.3B$1.5B

Bright Health delivers a smarter, more connected healthcare experience. The company's affordable health insurance plans, exclusive partnerships with leading health systems, and simple, friendly approach to technology are reshaping how people and physicians achieve better health together. Today, Bright Health provides health insurance to individuals in Colorado and will be expanding to other geographies and product offerings in 2018. We are united by a common vision: To deliver the best healthcare experience by putting brilliant minds, empathetic hearts and personalized technology to work to create meaningful relationships between our members and Care Partners. Our mission: Making Healthcare Right. Together.

keywords:Healthcare,Healthcare Providers,Insurance

$2.3B

Total Funding

1122

Number of Employees

$224.6M

Revenue (est)

47%

Employee Growth %

$1B

Valuation

N/A

Accelerator

Bright Health News

2021-06-16 - Bright Health sets terms for $1.3B IPO

Insurance technology startup Bright Health Group is aiming to raise about $1.3 billion through its initial public offering, according to a Securities and Exchange Commission filing. The Minneapolis-based company, which announced the terms of its IPO on Tuesday, will offer 60 million shares of i ...

2021-06-24 - Tiger Global-backed Bright Health raises $924 million in U.S. IPO

Bright Health priced 51.3 million shares at $18 per share and had issued a targeted price range of $20 to 23. The IPO values the company at $11.23 billion. The IPO comes at a time more people seek remote healthcare during the pandemic, supercharging the telemedicine market and prompting compani ...

2021-06-24 - Tiger Global-backed Bright Health raises $924 million in US IPO

By Echo Wang NEW YORK (Reuters) - Bright Health Group, a health insurance start-up backed by Tiger Global and Blackstone Group Inc, said on Wednesday it sold shares in its initial public offering at a price lower than its target range to raise $924.3 million. Bright Health priced 51.3 million ...

2017-06-01 - Bright Health Raises $160 Million in Series B Funding Round

Consumer-driven healthcare company Bright Health announced today it has raised $160 million in a Series B funding round led by Greenspring Associates and joined by new investors Greycroft Partners, Redpoint Ventures and Cross Creek Advisors. Existing lead investor New Enterprise Associates (NEA) ...

2018-11-29 - Bright Health Announces $200 Million Series C Funding Round as Unique Care Partner Health Plan Model Ushers in the Next Generation of Healthcare

Bright Health, an insurance company that provides exclusive Care Partner Health Plans for everyday individuals at competitive prices, today announced it has raised $200 million in an oversubscribed Series C funding round. The financing includes two new investors, Declaration Partners and Meritec ...

2019-12-17 - Bright Health Announces $635M Series D Funding Led by NEA

Bright Health, a diversified consumer-focused healthcare company, today announced the close of a $635M oversubscribed Series D funding round. The new funding will be used to support Bright Health's aggressive growth and hiring as the company continues to strategically expand across products, geo ...

09/03/2019 - Minneapolis-based startup Bright Health adds top executives

Startup insurer Bright Health, which is expanding next year into seven new states, has hired veteran Twin Cities executive Mike Mikan as vice ...

09/08/2019 - Bright Health hires former interim UnitedHealth exec as president; co-founder Rolfing has left

Insurance startup Bright Health has hired George "Mike" Mikan, a former UnitedHealth Group Inc. executive who was also once interim CEO at ...

09/03/2019 - Former UnitedHealth, Best Buy exec becomes Bright Health ...

Bright Health, a Minneapolis-based startup health insurer, named a former leader at UnitedHealth Group and Best Buy its vice chairman and ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$303.4M1204N/AN/A
#2
$457.8M12110%N/A
#3
$587.9M130012%N/A
#4
$331.6M132111%N/A
#5
$509.9M13496%N/A

Bright Health Funding

DateAmountRoundLead InvestorsReference
2016-04-07$80.0MUndisclosedBessemer Venture PartnersArticle
2017-06-05$160.0MBMultipleArticle
2018-11-30$200.0MCDeclaration PartnersArticle