About Elevance Health
Elevance Health is a company based in Indianapolis (United States) founded in 1992. It operates as a Subscription Services. The company has 51,500 employees as of December 31, 2014. Elevance Health has completed 10 acquisitions, including 1-800 Contacts, Americas1Stchoice and Amerigroup. Elevance Health offers products and services including Health Plans, Complex-Care Solutions, and Pharmacy Solutions. Elevance Health operates in a competitive market with competitors including Oscar, Clover Health, Devoted Health, Bright HealthCare and Friday Health Plans, among others.
- Headquarter Indianapolis, United States
- Employees 51500 as on 31 Dec, 2014
- Stage Public
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Sectors
Financial ServicesHealthcare
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Phone
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Website
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Social
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- Legal Name Elevance Health, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$2.5 B (USD), Debt – Conventional
Sep 16, 2019
- Investors
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Employee Count
51500
as on Dec 31, 2014
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Investments & Acquisitions
1-800 Contacts
& 9 more
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Products & Services of Elevance Health
Elevance Health offers a comprehensive portfolio of products and services, including Health Plans, Complex-Care Solutions, and Pharmacy Solutions. 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.
Health plans are offered for various life stages.
Complex-care solutions are provided for specific health needs.
Pharmacy solutions are delivered to support patient care.
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Leadership Team
259 people
Software Development Team
218 people
Sales and Marketing
87 people
Data Analysis and Operations Team
53 people
Legal and Compliance
43 people
Finance and Accounting
34 people
Product Management Team
29 people
Operations Team
24 people
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Funding Insights of Elevance Health
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $2.5B
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First Round
First Round
(07 Jun 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2019 | Amount | Debt – Conventional - Elevance Health | Valuation |
investors |
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| Jun, 2019 | Amount | Post-IPO - Elevance Health | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Elevance Health
Elevance Health has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Dynamic Technology. 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 |
| 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 Elevance Health
Elevance Health has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include 1-800 Contacts, Americas1Stchoice and Amerigroup. 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 health benefit management and remote monitoring platform for healthcare providers
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2014 | ||||
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Palliative care services are delivered to patients with serious illnesses.
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2011 | ||||
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Health and care plans are provided for Medicare enrollees.
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2010 |
| 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 - Elevance Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Elevance Health Comparisons
Competitors of Elevance Health
Elevance 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 Oscar, Clover Health, Devoted Health, Bright HealthCare and Friday Health Plans, 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 |
Online health insurance is provided to individuals and businesses.
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| domain | founded_year | HQ Location |
Medicare Advantage plans and related services are provided.
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| domain | founded_year | HQ Location |
Healthcare insurance plans are provided for individuals and Medicare services.
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| domain | founded_year | HQ Location |
Health insurance is offered online to individuals and businesses.
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| domain | founded_year | HQ Location |
Online health insurance plans are provided for individuals.
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| domain | founded_year | HQ Location |
Online health insurance is provided for individuals and businesses.
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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 Elevance Health
Frequently Asked Questions about Elevance Health
When was Elevance Health founded?
Elevance Health was founded in 1992 and raised its 1st funding round 27 years after it was founded.
Where is Elevance Health located?
Elevance Health is headquartered in Indianapolis, United States. It is registered at Indianapolis, Indiana, United States.
Who is the current CEO of Elevance Health?
Gail Boudreaux is the current CEO of Elevance Health.
How many employees does Elevance Health have?
As of Dec 31, 2014, the latest employee count at Elevance Health is 51,500.
What does Elevance Health do?
Elevance Health is focused on advancing health beyond traditional healthcare by offering integrated health plans, clinical, behavioral, pharmacy, and complex-care solutions. The company operates in the healthcare sector, emphasizing whole health across all life stages. Solutions are designed to address community health, health equity, and digitally enabled care. A consumer-centered health system is promoted through innovation and partnerships with care providers. Efforts are also made to improve social determinants of health, such as housing and food access, to enhance overall health outcomes.
Who are the top competitors of Elevance Health?
Elevance Health's top competitors include Oscar, Devoted Health and Clover Health.
What products or services does Elevance Health offer?
Elevance Health offers Health Plans, Complex-Care Solutions, and Pharmacy Solutions.
How many acquisitions has Elevance Health made?
Elevance Health has made 10 acquisitions, including 1-800 Contacts, Americas1Stchoice, and Amerigroup.
Who are Elevance Health's investors?
Elevance Health has 1 investor. Key investors include Dynamic Technology.
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