Centivo Corporation
Latest round
- Series C
Last raised
- Sep 2024
Total raised
- $146M
Investors
- 16
About Centivo Corporation
Founded in 2017 in Buffalo, US, Centivo Corporation specializes in developing health plans for self-funded employers. The company was established by a team including Alan Cohen, Ashok Subramanian, Stuart Roth, and Tahasin Alam.Centivo offers innovative health plan solutions specifically designed for self-funded employers, emphasizing affordable and quality healthcare. Their core product is a health plan that integrates free primary care with a focus on high-quality providers and affordable plan designs, eliminating traditional deductibles and introducing low, predictable copays. The primary objective of these offerings is to enhance healthcare access for employees, thereby improving health outcomes while reducing overall medical costs. Centivo's client base comprises self-funded employers across various industries in the United States, where they aim to address the escalating costs associated with healthcare.Centivo generates revenue through the administration of self-funded health plans for employers, which are not classified as traditional insurance products. The company's financial transactions typically involve a fee structure based on the services provided to employers, with health plans tailored to the specific needs of their clients. Employers pay a set fee for the health plan, which includes services like virtual primary care and a network of high-quality providers. This direct-to-employer model allows Centivo to offer competitive pricing while ensuring that employees benefit from predictable healthcare costs. The company is focused on developing additional health plan solutions and is exploring opportunities to enter new geographical regions within the United States. Specific areas targeted for expansion are currently being assessed, with a strategy to launch new products within the upcoming year.
Who invested in Centivo Corporation
16 investors across 5 rounds
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Questions about Centivo Corporation
Who invested in Centivo Corporation?
Centivo Corporation has 16 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Centivo Corporation raised?
Centivo Corporation has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Centivo Corporation last raise money?
Centivo Corporation's most recent round on record is a Series C, in Sep 2024.
What does Centivo Corporation do?
Founded in 2017 in Buffalo, US, Centivo Corporation specializes in developing health plans for self-funded employers.
Where is Centivo Corporation headquartered?
Centivo Corporation is headquartered in Buffalo, US.
Which VCs invest in companies like Centivo Corporation?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Centivo Corporation's stage. Their profiles are linked below.
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