About Blue Cross Blue Shield of Michigan
Blue Cross Blue Shield of Michigan is a company based in Detroit (United States) founded in 1975. It operates as a B2C. Blue Cross Blue Shield of Michigan has completed 2 acquisitions, including NASCO and ikaSystems. Blue Cross Blue Shield of Michigan operates in a competitive market with competitors including Health Care Service Corporation, Blue Shield of California, Medical Mutual of Ohio, BCBSAssociation and BCBSKS, among others.
- Headquarter Detroit, United States
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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Employee Count
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Investments & Acquisitions
NASCO
& 1 more
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Software Development Team
111 people
Leadership Team
76 people
Data Analysis and Operations Team
29 people
Senior Team
25 people
Finance and Accounting
18 people
Creative and Marketing Team
13 people
Manager Team
9 people
Product Management Team
8 people
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Funding Insights of Blue Cross Blue Shield of Michigan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Blue Cross Blue Shield of Michigan
Blue Cross Blue Shield of Michigan has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include NASCO and ikaSystems. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Web-based IT solutions for healthcare payers' automation are offered.
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1999 | ||||
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NASCO is engaged in providing healthcare administrative solutions for health plans.
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1987 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Blue Cross Blue Shield of Michigan
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Blue Cross Blue Shield Of Michigan Comparisons
Competitors of Blue Cross Blue Shield of Michigan
Blue Cross Blue Shield of Michigan operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Health Care Service Corporation, Blue Shield of California, Medical Mutual of Ohio, BCBSAssociation and BCBSKS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Mutual health carrier
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| domain | founded_year | HQ Location |
Health insurance is offered online to individuals and businesses.
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Operates as a mutual health insurance provider for individuals and families.
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| domain | founded_year | HQ Location |
Health insurance is provided via a mutual carrier model.
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| domain | founded_year | HQ Location |
BCBSKS operates as a mutual insurance carrier, offering reliable coverage solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Blue Cross Blue Shield Of Michigan
Frequently Asked Questions about Blue Cross Blue Shield of Michigan
When was Blue Cross Blue Shield of Michigan founded?
Blue Cross Blue Shield of Michigan was founded in 1975.
Where is Blue Cross Blue Shield of Michigan located?
Blue Cross Blue Shield of Michigan is headquartered in Detroit, United States. It is registered at Detroit, Michigan, United States.
What does Blue Cross Blue Shield of Michigan do?
Blue Cross Blue Shield of Michigan operates with a B2C model, focusing on offering financial products and advice, offering insurance products, health insurance, and mutual insurance. Operates as a mutual health insurance carrier providing comprehensive coverage. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Who are the top competitors of Blue Cross Blue Shield of Michigan?
Blue Cross Blue Shield of Michigan's top competitors include Health Care Service Corporation, Blue Shield of California and BCBSAssociation.
How many acquisitions has Blue Cross Blue Shield of Michigan made?
Blue Cross Blue Shield of Michigan has made 2 acquisitions, including NASCO, and ikaSystems.
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