About Covera Health
Covera Health is a company based in New York (United States) founded in 2017 by Ron Vianu.. Covera Health has raised $82 million across 4 funding rounds from investors including Insight Partners, EGI and Global Venture Capital. Covera Health has completed 1 acquisition, including CoRead. Covera Health operates in a competitive market with competitors including CorEvitas, Kythera Labs, Zus Health, Health Data Analytics Institute and Third Wave Recovery Systems, among others.
- Headquarter New York, United States
- Founders Ron Vianu
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Sectors
Healthcare
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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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EBITDA
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Total Equity Funding
$82 M (USD)
in 4 rounds
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Latest Funding Round
$25 M (USD), Series C
Nov 01, 2023
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Investors
Insight Partners
& 3 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Covera Health
Covera Health has successfully raised a total of $82M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $25 million completed in November 2023. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $25.0M
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First Round
First Round
(19 Feb 2019)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series C - Covera Health | Valuation | Insight Partners |
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| Aug, 2021 | Amount | Series C - Covera Health | Valuation | Insight Partners , Global Venture Capital | |
| Jan, 2020 | Amount | Series B - Covera Health | Valuation | Insight Partners |
| 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 Covera Health
Covera Health has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Insight Partners, EGI and Global Venture Capital. 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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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Investment opportunities are pursued by EGI with innovative strategies.
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Founded Year | Domain | Location | |
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VC firm investing in the US
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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 Covera Health
Covera Health has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CoRead. 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 patient care engagement services
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2016 |
| 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 - Covera Health
| 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 |
Covera Health Comparisons
Competitors of Covera Health
Covera Health 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 CorEvitas, Kythera Labs, Zus Health, Health Data Analytics Institute and Third Wave Recovery Systems, 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 |
Market strategy, medical affairs, and data analytics services are provided.
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| domain | founded_year | HQ Location |
Data management and analytics platforms are supplied for healthcare sectors.
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| domain | founded_year | HQ Location |
Data analytics services are provided for the healthcare sector.
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| domain | founded_year | HQ Location |
Healthcare data analytics services are provided to clients.
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| domain | founded_year | HQ Location |
Pharmaceutical rebate analysis and data management services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Covera Health
Frequently Asked Questions about Covera Health
When was Covera Health founded?
Covera Health was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Covera Health located?
Covera Health is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Covera Health?
Ron Vianu is the current CEO of Covera Health. They have also founded this company.
Is Covera Health a funded company?
Covera Health is a funded company, having raised a total of $82M across 4 funding rounds to date. The company's 1st funding round was a Series B of $23.5M, raised on Feb 19, 2019.
What does Covera Health do?
Covera Health was established in 2017 in New York, United States, within the healthcare analytics sector. Advanced data analytics are utilized to support clinical decision-making and quality improvement for providers and payers. Operations center on processing medical imaging and patient data to enhance accuracy and efficiency. The company is led by Co-Founder and CEO Ron Vianu, with a focus on United States-based healthcare systems.
Who are the top competitors of Covera Health?
Covera Health's top competitors include Agathos, Zus Health and Socially Determined.
How many acquisitions has Covera Health made?
Covera Health has made 1 acquisition, including CoRead.
Who are Covera Health's investors?
Covera Health has 4 investors. Key investors include Insight Partners, EGI, Global Venture Capital, and Prism Venture Partners.