Centivo

New York, United States Founded: 2017 • Age: 9 yrs
Provider of self funded health plan
Annual revenue - Latest available
Total funding $224.0M 6 rounds
Employees 212 Tracked headcount
Investors 24 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About Centivo

Centivo is a company based in New York (United States) founded in 2017 by Ashok Subramanian and Alan Cohen. Centivo has raised $224 million across 6 funding rounds from investors including Bessemer Venture Partners, JPMorgan Chase and HarbourVest Partners. The company has 212 employees as of December 31, 2022. Centivo has completed 1 acquisition, including Eden Health. Centivo offers products and services including Health Plan and Virtual Primary Care. Centivo operates in a competitive market with competitors including iMedX, Omega Healthcare, Light Wave Dental, Access Healthcare and MultiPlan, among others.

  • Headquarter New York, United States
  • Employees 212 as on 31 Dec, 2022
  • Founders Ashok Subramanian, Alan Cohen
  • Sectors
    Healthcare
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Centivo Corporation
Operational Areas
Healthcare → Healthcare Services & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $224 M (USD)

    in 6 rounds

  • Latest Funding Round
    $75 M (USD), Series D

    Sep 24, 2024

  • Investors
  • Employee Count
    212

    as on Dec 31, 2022

  • Investments & Acquisitions
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Products & Services of Centivo

Centivo offers a comprehensive portfolio of products and services, including Health Plan and Virtual Primary Care.

Product name locked
Category locked
Primary

Affordable plan with free primary care for self-funded employers.

Product name locked
Category locked
Locked

Integrated virtual practice for convenient, quality healthcare access.

People of Centivo

Headcount 50-200
Employee Profiles 61
Board Members and Advisors 7
Employee Profiles
People
Sarah Fitzmaurice
Chief Client Success Officer
People
Enrique Olivares
CTO
People
Jenna Depeaux
Director Of Implementation And Client Support
People
Katie Boge
Client Resolution Specialist

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Board Members and Advisors
people
Karen Page
Board Member
people
Ambar Bhattacharyya
Board Member
people
Yumin Choi
Board Member
people
Diane Gherson
Board Member

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Funding Insights of Centivo

Centivo has successfully raised a total of $224M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $75 million completed in September 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Centivo

Centivo has secured backing from 24 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Bessemer Venture Partners, JPMorgan Chase and HarbourVest Partners.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early & Growth stage life sciences & tech focused VC firm investing primarily in the US
Locked Locked Locked
Multistage investments are directed toward technology, healthcare, and climate sectors.
Locked Locked Locked
Investments in life sciences, technology, healthtech, and crypto sectors from global locations.
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Investor details for Centivo

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  • Investor domains
  • Investor locations
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  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Centivo

Centivo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Eden Health.

Investments
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Investment portfolio details for Centivo

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of medical practice platform for concierge physician and employee
Locked Locked 2004 Locked
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Complete acquisition details for Centivo

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Centivo

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Detailed financials for Centivo

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  • Profit trends
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Centivo Comparisons

Centivo Primary company
Description
Provider of self funded health plan
Location
New York, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
212
As of 2022
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Peer comparison for Centivo

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Centivo

Centivo 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 iMedX, Omega Healthcare, Light Wave Dental, Access Healthcare and MultiPlan, among others.

Company Name Domain Founded year HQ Location Description
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Revenue cycle management platform is provided to healthcare providers.
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Healthcare outsourcing services are provided to various sectors.
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Dental practice brokerage services are provided to facilitate transactions.
Locked Locked Locked
Provider of revenue cycle management, BPO, IT, and finance and accounting services
Locked Locked Locked
Medical payment integrity and analytics services are provided by MultiPlan.
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Detailed competitors of Centivo

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  • Domains and locations
  • Full company profiles
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Latest news on Centivo

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Complete news archive for Centivo

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Centivo

Centivo was founded in 2017 and raised its 1st funding round 1 year after it was founded.

Centivo is headquartered in New York, United States. It is registered at New York, New York, United States.

Ashok Subramanian is the current CEO of Centivo. They have also founded this company.

Centivo is a funded company, having raised a total of $224M across 6 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Centivo is 212.

Centivo was founded in 2017 and is headquartered in New York, United States. Self-funded health plans are offered by the company within the healthcare sector, targeting employers, employees, and their families. Operations focus on plan design that supports zero healthcare trend and enhanced outcomes, achieved through reward systems for members and providers. Services emphasize employer-based coverage across the United States.

Centivo's top competitors include Access Healthcare, Rennova Health and MultiPlan.

Centivo offers Health Plan and Virtual Primary Care.

Centivo has made 1 acquisition, including Eden Health.

Centivo has 24 investors. Key investors include Bessemer Venture Partners, JPMorgan Chase, HarbourVest Partners, Cone Health, and Trinity Cap.

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