Clover

Founded in 2013, Clover describes itself as a next-generation Medicare Advantage insurer that aims to provide American seniors with affordable, high quality health plans. Its flagship platform, the Clover Assistant, aggregates millions of relevant health data points - including claims, medical charts and diagnostics - and uses machine learning to p... rovide essential information and personalized care recommendations to primary doctors. As of the end of June, Clover counted 56,815 members, up from 30,677 in January, 2018. Currently, over 2,100 primary care physicians who treat members have contracted to use the Clover Assistant to manage care. As a private company, Clover raised at least $925 million in known funding, per Crunchbase data, an enormous amount for a venture-backed company. Its largest venture stakeholders include Greenoaks Capital (28 percent of voting shares) and Sequoia Capital (4 percent). Co-founder and CEO Vivek Garipalli holds 27 percent of voting shares.Read More