insurtech
Alphabet, General Catalyst, Kholsa Ventures, Lakestar, Thrive Capital and Baillie Gifford participated in this round.
The Californa company will be strengthening its proprietary member-data platform and plan offerings.
The latest round brings Bright Health's fundraising total to more than $1 billion.
As politicians and their constituents grapple over Medicare for All, these well-funded startups hope to capitalize on the public’s appetite for new, consumer-friendly approaches to health insurance.
LUN Partners Group co-led the round with participation from DNA Capital, SoSV and Artesian Capital.
Dubbed Clover Therapeutics, the unit's first project will be a partnership with Genentech targeting ocular diseases among senior populations.
The insurtech startup announced $500 million in new funding just a few months ago.
This brings the total funding of the startup, which was founded in 2016, to €75m.