About Centene
Centene is a company based in St. Louis (United States) founded in 1984.. The company has 60,500 employees as of December 31, 2024. Centene has completed 14 acquisitions, including AcariaHealth, Apixio and Community Medical Group. Centene offers products and services including Medicaid Services, Medicare Services, and Marketplace Plans. Centene operates in a competitive market with competitors including AOK, CZ zorgverzekering, Menzis, VYV and VsZP, among others.
- Headquarter St. Louis, United States
- Employees 60500 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Centene Corporation
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Annual Revenue
$163.07 B5.89as on Dec 31, 2024
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Net Profit
$3.31 B22.32as on Dec 31, 2024
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EBITDA
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Latest Funding Round
$900 M (USD), Post-IPO
Nov 03, 2021
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Investors
Royal Bank of Canada
& 5 more
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Employee Count
60500
as on Dec 31, 2024
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Investments & Acquisitions
AcariaHealth
& 13 more
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IPO & Listings of Centene
Centene is a publicly listed company on the NYSE with ticker symbol CNC in USA, operating in the Health services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Centene
Centene offers a comprehensive portfolio of products and services, including Medicaid Services, Medicare Services, and Marketplace Plans. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Provides affordable healthcare access for low-income individuals and families.
Offers coverage for eligible seniors and disabled persons.
Delivers plans through the Health Insurance Marketplace for various demographics.
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Software Development Team
223 people
Leadership Team
139 people
Data Analysis and Operations Team
73 people
Operations Team
64 people
Product Management Team
60 people
Senior Team
59 people
Finance and Accounting
51 people
Human Resources and Administration
41 people
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Funding Insights of Centene
- Total Funding Total Funding
- Total Rounds 4
- Last Round Post-IPO — $900.0M
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First Round
First Round
(06 Jan 2012)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Post-IPO - Centene | Valuation |
investors |
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| May, 2019 | Amount | Debt – Conventional - Centene | Valuation |
investors |
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| Jul, 2016 | Amount | Post-IPO - Centene | Valuation |
investors |
| 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 |
Investors in Centene
Centene has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Royal Bank of Canada, Advisor Partners and Politan Capital Management. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Politan Capital Management is engaged in financial investment services.
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Founded Year | Domain | Location | |
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Integrated Partners is engaged in supporting independent financial advisors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Centene
Centene has strategically engaged in corporate development activities, having acquired 14 companies. Notable acquisitions include AcariaHealth, Apixio and Community Medical Group. 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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Provider of medical treatment plans, data analytics, call center, and other services
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2011 | ||||
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Multispecialty healthcare services are provided by Torrejon University Hospital.
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2011 | ||||
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Providing solutions for healthcare organization by optimizing costs and outcomes.
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2009 |
| 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 - Centene
| 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 |
Centene Comparisons
Competitors of Centene
Centene 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 AOK, CZ zorgverzekering, Menzis, VYV and VsZP, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Medical insurance services for patients and employees are provided.
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| domain | founded_year | HQ Location |
CZ offers health insurance plans, medical reimbursements, and app-based services.
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| domain | founded_year | HQ Location |
Offers health insurance, advice, and mobile services to consumers in the Netherlands.
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| domain | founded_year | HQ Location |
Offers mutualist health protection, care services, and affordable housing solutions.
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| domain | founded_year | HQ Location |
Health insurance services are provided across Slovakia by VsZP.
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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 Centene
Frequently Asked Questions about Centene
When was Centene founded?
Centene was founded in 1984 and raised its 1st funding round 28 years after it was founded.
Where is Centene located?
Centene is headquartered in St. Louis, United States. It is registered at St. Louis, Missouri, United States.
Who is the current CEO of Centene?
Sarah London is the current CEO of Centene.
How many employees does Centene have?
As of Dec 31, 2024, the latest employee count at Centene is 60,500.
What is the annual revenue of Centene?
Annual revenue of Centene is $163.07B as on Dec 31, 2024.
What does Centene do?
Centene Corporation was founded in 1984 and operates as a multi-national healthcare enterprise based in St. Louis, United States. Services are focused on government-sponsored programs such as Medicaid, CHIP, and Medicare Special Needs Plans, targeting under-insured and uninsured individuals. Local health plans are managed, alongside contracts for specialty services including behavioral health, pharmacy benefits, and telehealth. In 2022, revenues of 146.25 billion and net profit of 1.48 billion were recorded.
Who are the top competitors of Centene?
Centene's top competitors include AOK, VsZP and GKV-Spitzenverband.
What products or services does Centene offer?
Centene offers Medicaid Services, Medicare Services, and Marketplace Plans.
Is Centene publicly traded?
Yes, Centene is publicly traded on NYSE under the ticker symbol CNC.
How many acquisitions has Centene made?
Centene has made 14 acquisitions, including AcariaHealth, Apixio, and Community Medical Group.
Who are Centene's investors?
Centene has 6 investors. Key investors include Royal Bank of Canada, Advisor Partners, Politan Capital Management, Integrated Partners, and ClearArc Capital.
What is Centene's ticker symbol?
The ticker symbol of Centene is CNC on NYSE.
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