Centivo

company

About

Centivo offers a digital health plan aimed at self-funded employers looking to provide employees with quality care they can afford.

Details

Last Funding Type
Series B
Last Funding Money Raised
$30M
Industries
Health Care,Information Technology,Medical
Founded date
Jan 1, 2017
Number Of Employee
101 - 250
Operating Status
Active
Legal Name
Centivo Corporation

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.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$151.40M
Centivo has raised a total of $151.40M in funding over 2 rounds. Their latest funding was raised on Jul 19, 2022 from a Series B round.
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

Employee Profiles

Number of Employee Profiles
18
Centivo has 18 current employee profiles, including Executive Lloyd Mangnall
Executive
Employee
Executive
Board member
Executive