Clever Care Health Plan Announces $20 Million Series A Funding Round Led by Norwest Venture Partners and Global Founders Capital
Amount Raised
$20 Million
Round Type
Series A
WestminsterHealthcareHealth CareDescription
Clever Care Health Plan Inc., a company dedicated to delivering affordable and innovative Medicare Advantage health plans, today announced it has raised $20 million in Series A financing led by Norwest Venture Partners (Norwest) with participation from Global Founders Capital (GFC). This round follows a $6 million seed investment from Norwest and GFC, bringing total funding to $26 million to date. Norwest and GFC were attracted to Clever Care in part because of the vast managed care experience of the three founders and their experience with launching and managing new health plans. The financing will be used to set up a California Medicare Advantage health plan and hire staff for its two offices in Little Saigon in Orange County and Arcadia in Los Angeles County.
Quick answer
Clever Care Health Plan raised $20 Million in a Series A round, dated April 24, 2020. Clever Care Health Plan is based in Westminster, California, United States.
- How much did Clever Care Health Plan raise?
- Clever Care Health Plan raised $20 Million in a Series A round on April 24, 2020.
- What does Clever Care Health Plan do?
- Clever Care Health Plan, Inc. is a Medicare Advantage organization dedicated to providing high-quality, affordable healthcare plans that integrate holistic wellness with traditional medical care.
- Where is Clever Care Health Plan based and how big is it?
- Clever Care Health Plan is based in Westminster, California, United States.
- Who are the decision-makers at Clever Care Health Plan?
- Fundz holds 1 contact at Clever Care Health Plan. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Healthcare and Health Care around the same time
Companies in the same sectors as Clever Care Health Plan that raised within 45 days of this round, from Fundz verified event records.
- Eyas Medical Imaging raised $4M (Seed) on June 8, 2020.
- Definium Therapeutics raised $468K (Seed) on June 8, 2020.
- Jaguar Health raised $4.4M on June 5, 2020.
- PanTher Therapeutics raised $3M (Seed) on June 4, 2020.
- HAPPE Spine raised $295K on June 2, 2020.
- Aseko Inc. raised $6M on May 29, 2020.
Who to call at Clever Care Health Plan, and when
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