About Bright Health Group
Bright Health Group is a publicly listed company based in Minneapolis (United States) founded in 2015 by Bob Sheehy and Tomas Valdivia. Personalized care services are delivered in the healthcare sector. The company has 2,851 employees. Bright Health Group has completed 2 acquisitions, including Brand New Day and Zipnosis. Its chief executive, as recorded, is George Lawrence Mikan. Bright Health Group offers products and services including NeueCare and NeueSolutions. Its focus areas include Services for Healthcare Providers and Patient Engagement. Its competitors include Wellbox, Melodi Health and Linkwell Health; 3 of its 3 listed competitors have raised funding.
Company details
Bright Health Group was established in 2015 in Minneapolis, United States, as a healthcare provider. Personalized care services are offered to patients through integrated platforms. Operations are centered in the United States, with a focus on accessible medical solutions. Leadership includes co-founders Bob Sheehy and Tomas Valdivia, alongside CEO George Lawrence Mikan. The company operates via its domain, brighthealthgroup.com, supporting regional health needs.
- Headquarters Minneapolis, United States
- Employees 2,851
- Founders Bob Sheehy, Tomas Valdivia
- Stage Public
- SectorsHealthcare
- Email••••••••
- Website brighthealthgroup.com
- Social LinkedIn
- Annual Revenue$936.66 M (USD)4as on Dec 31, 2024
- Net Profit-$134.68 M (USD)88as on Dec 31, 2024
- EBITDA-$2.16 M (USD)100as on Dec 31, 2024
- Latest Funding Round$750M (USD), Post-IPO
Dec 2021
- InvestorsCigna Ventures
& 1 more
- Employee Count2,851
- Investments & AcquisitionsBrand New Day
& 1 more
Products & Services of Bright Health Group
Bright Health Group offers a comprehensive portfolio of products and services, including NeueCare and NeueSolutions.
Delivers accessible, high-quality care through owned clinics.
Provides tools for performance-based healthcare arrangements.
Funding Insights of Bright Health Group
- Total Rounds 1
- Last Round Post-IPO — $750M
- First Round $750M
(Dec 2021)
- Investors Count 2
All 1 funding rounds of Bright Health Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2021 | $750M | Post-IPO | – | – |
2 investors in total: 2 institutional.
Investors in Bright Health Group
Bright Health Group has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Cigna Ventures and NEA.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC firm focused on the healthcare industry | cignaventures.com | Bloomfield, United States | ||
Venture capital investments are offered to startups by NEA. | nea.com | Menlo Park, United States |
Investor details for Bright Health Group
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People of Bright Health Group
108 people are tracked at Bright Health Group (37 in leadership, 10 in board & advisors, 61 in team); the tracked headcount is 2,851.
| Name | Role | Group |
|---|---|---|
Bob Sheehy | Co-Founder | Leadership |
Tomas Valdivia | Co-Founder | Leadership |
George Lawrence Mikan | CEO | Leadership |
Kristine Jessen | Vp, Value-based Contracting And Network Development | Leadership |
Jay Matushak | CFO | Leadership |
Jamie Reuter | VP, Pharmacy Operations | Leadership |
Rhonda R. Bagby | VP, Finance-Commercial & Interim CFO | Leadership |
Kevin Vetter | VP, Technology Integrations & Health Plan Solutions | Leadership |
G. Mike Mikan | Vice Chairman, President & CEO | Leadership |
Robin Elmore | Senior Director, Tax | Leadership |
Anna Veeneman | Director, Market Success - National Market Operations | Leadership |
A. Bartley Bryt M.D., Mph | Chief Medical Officer | Leadership |
Lauren Franco | Managing Director Market Leader, Northern & Central CA | Leadership |
Liz Hennessee | Director Finance Processes And Controls | Leadership |
Stacy Conti | Chief Human Resources Officer | Leadership |
Michael Crainich | Director Reporting Analytics | Leadership |
David Nollette | Vice President Finance | Leadership |
Estelle Rhodes | Director Market Management | Leadership |
Melissa V. | Associate Vice President Health Plan Operations | Leadership |
Rob Heir | VP Total Rewards | Leadership |
88 more people are available in the full profile.
Complete people profiles for Bright Health Group
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Investments & Acquisitions by Bright Health Group
Bright Health Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Brand New Day and Zipnosis.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of an online diagnosis and treatment service for common medical conditions | zipnosis.com | Minneapolis, United States | 2008 | Mar 2021 | •••• | |
Healthcare insurance planning services are provided to clients. | bndhmo.com | Westminster, United States | 1985 | Jan 2020 | •••• |
Complete acquisition details for Bright Health Group
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Timeline of Bright Health Group
5 dated milestones of Bright Health Group across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Bright Health Group is founded.
- Acquisition Acquires Brand New Day.
- Acquisition Acquires Zipnosis.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $750.0M.
Competitors of Bright Health Group
Bright Health Group has 3 listed competitors in our database, 3 of them funded. They include Wellbox, Melodi Health and Linkwell Health.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wellbox.care | 2015 | Jacksonville, United States | $3.63M | Patient engagement and chronic care management services are provided. | ||
| melodihealth.com | 2021 | Minneapolis, United States | $18.75M | Patient engagement services are provided for healthcare providers. | ||
| linkwellhealth.com | 2008 | New York, United States | $36.96M | 3 | A content marketing company that helps members to achieve health plans goal |
Detailed competitors of Bright Health Group
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Top companies in Healthcare Provider Support Services
3 companies that operate in the same segment as Bright Health Group (Healthcare Provider Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of self funded health plan | 2017 | New York, New York, United States | USD 224 M | 212 | ||
Provider of AI solutions for clinical, operational, and business outcomes | 2005 | Princeton, New Jersey, United States | USD 1.13 B | USD 465.22 M | 5,442 | |
AMN Healthcare is recognized as a leading healthcare staffing provider. | 1985 | San Diego, California, United States | USD 2.73 B | 2,970 |
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Related news about Bright Health Group
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Frequently Asked Questions about Bright Health Group
Bright Health Group was founded in 2015 and raised its 1st funding round 6 years after it was founded.
Bright Health Group is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
George Lawrence Mikan is the CEO of Bright Health Group, as recorded in our data.
Bright Health Group has 2,851 employees.
Annual revenue of Bright Health Group is $936.66M as on Dec 31, 2024.
Bright Health Group was established in 2015 in Minneapolis, United States, as a healthcare provider. Personalized care services are offered to patients through integrated platforms. Operations are centered in the United States, with a focus on accessible medical solutions. Leadership includes co-founders Bob Sheehy and Tomas Valdivia, alongside CEO George Lawrence Mikan. The company operates via its domain, brighthealthgroup.com, supporting regional health needs.
Bright Health Group's top competitors include Melodi Health, Wellbox and Linkwell Health.
Bright Health Group offers NeueCare and NeueSolutions.
Bright Health Group has made 2 acquisitions, including Brand New Day, and Zipnosis.
Bright Health Group has 2 investors. Key investors include Cigna Ventures, and NEA.