Centivo offers a digital health plan aimed at self-funded employers looking to provide employees with quality care they can afford.
Centivo is a new type of health plan administrator that allows self-funded employers and clinicians to join forces and deliver high quality, affordable healthcare to their employees. An alternative to traditional insurance carriers or third-party administrators, Centivo offers the technology, network, claims processing, customer support, and population health management to fully administer health benefits for all or a portion of an employee population. The Centivo model emphasizes the partnership between individuals and their primary care team as the proper model to coordinate healthcare needs. Centivo’s clinical partners are dedicated to controlling costs and helping members navigate the healthcare system, aided by personalized patient/doctor matching tools. Members are rewarded for working with their primary care team and choosing high-value care and are supported through a user-friendly app and their concierge. Employers get an ally that diligently roots out waste and is accountable for performance.It was formed in 2017 and headquartered in New York, United States.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jul 19, 2022 | Series B | $30M | 1 | Morgan Health | — | Detail |
Sep 22, 2021 | Series Unknown | $51M | 9 | B Capital Group Maverick Ventures | — | Detail |
Dec 7, 2020 | Series B | $34M | 10 | B Capital Group | — | Detail |
Jul 18, 2018 | Series A | $34M | 11 | Bain Capital Ventures | — | Detail |
Feb 1, 2017 | Series Unknown | $2.40M | 2 | Maverick Ventures | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Morgan Health | Yes | Series B |
B Capital Group | Yes | Series Unknown |
Maverick Ventures | Yes | Series Unknown |
Bain Capital Ventures | — | Series Unknown |
Company Ventures | — | Series Unknown |
Define Ventures | — | Series Unknown |
F-Prime Capital | — | Series Unknown |
HarbourVest Partners | — | Series Unknown |
Ingleside Investors | — | Series Unknown |
Nassau Street Ventures | — | Series Unknown |