About Highmark
Highmark is a company based in Pittsburgh (United States) founded in 1977. It operates as a Subscription Services, and Managed Services. Highmark has completed 3 acquisitions, including Allegheny Health Network, NaviNet and West Penn Hospital. Highmark offers products and services including Individual and Family Plans, Medicare Plans, Medicaid Plans, Employer Solutions, and CHIP - Highmark Healthy Kids.
- Headquarter Pittsburgh, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
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- Legal Name Highmark 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
$25 M (USD), Grant
Apr 05, 2018
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Allegheny Health Network
& 2 more
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Products & Services of Highmark
Highmark offers a comprehensive portfolio of products and services, including Individual and Family Plans, Medicare Plans, Medicaid Plans, Employer Solutions, and CHIP - Highmark Healthy Kids. 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 insurance plans for individuals and families are offered.
Medicare plans for eligible individuals are provided comprehensively.
Medicaid coverage plans for qualifying individuals are available.
Health plans for businesses and employees are managed.
Children's health insurance plans are provided for kids.
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Leadership Team
90 people
Software Development Team
78 people
Sales and Marketing
44 people
Senior Team
37 people
Human Resources and Administration
35 people
Creative and Marketing Team
29 people
Product Management Team
21 people
Manager Team
18 people
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Funding Insights of Highmark
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $25.0M
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First Round
First Round
(05 Apr 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2018 | Amount | Grant - Highmark | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Highmark
Highmark has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Allegheny Health Network, NaviNet and West Penn Hospital. 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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A network of multi-specialty hospitals is operated for healthcare services.
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2013 | ||||
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Healthcare collaboration network for providers and insurers is facilitated.
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1997 | ||||
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Multispecialty hospitals are operated as a chain in Pittsburgh.
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1848 |
| 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 - Highmark
| 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 |
Highmark Comparisons
Competitors of Highmark
| 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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Frequently Asked Questions about Highmark
When was Highmark founded?
Highmark was founded in 1977 and raised its 1st funding round 41 years after it was founded.
Where is Highmark located?
Highmark is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Who is the current CEO of Highmark?
Maureen Peszko is the current CEO of Highmark.
What does Highmark do?
Health insurance solutions are offered by Highmark for various segments including individuals, families, businesses, and Medicare and Medicaid recipients. Coverage is extended across multiple regions in the United States such as Pennsylvania, Delaware, West Virginia, and New York. Specialized plans like CHIP for children and employer solutions are included in the portfolio. Focus is placed on cost and care management for clients. Community support and mental health resources are also addressed as part of corporate responsibility initiatives.
What products or services does Highmark offer?
Highmark offers Individual and Family Plans, Medicare Plans, Medicaid Plans, Employer Solutions, and CHIP - Highmark Healthy Kids.
How many acquisitions has Highmark made?
Highmark has made 3 acquisitions, including Allegheny Health Network, NaviNet, and West Penn Hospital.
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