About UCare
UCare is a company based in Minneapolis (United States) founded in 1984 was acquired by Fairview Health Services in April 2016. It operates as a Subscription Services. The company has 1,090 employees as of December 31, 2021. UCare offers products and services including Medicare Plans, Individual & Family Plans, and Medical Assistance Plans.
- Headquarter Minneapolis, United States
- Employees 1090 as on 31 Dec, 2021
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Sectors
Government & Social Sector
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Ucare Minnesota
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
1090
as on Dec 31, 2021
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Acquired by
Fairview Health Services
(Apr 05, 2016)
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Products & Services of UCare
UCare offers a comprehensive portfolio of products and services, including Medicare Plans, Individual & Family Plans, and Medical Assistance 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.
Medicare plans are offered for senior health coverage.
Flexible plans are provided for individual family wellness.
Assistance plans are designed for low-income individuals.
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Software Development Team
45 people
Leadership Team
23 people
Sales and Marketing
12 people
Data Analysis and Operations Team
12 people
Finance and Accounting
12 people
Provider Team
8 people
Senior Team
8 people
Operations Team
6 people
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Funding Insights of UCare
| 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 UCare
UCare has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Fairview Health Services. 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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Full spectrum health care services are provided by nonprofit organization.
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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 UCare
| 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 |
Financial Statements - UCare
| 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 |
Ucare Comparisons
Competitors of UCare
| 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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Frequently Asked Questions about UCare
When was UCare founded?
UCare was founded in 1984.
Where is UCare located?
UCare is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
How many employees does UCare have?
As of Dec 31, 2021, the latest employee count at UCare is 1,090.
What does UCare do?
Health insurance plans are offered by UCare, a nonprofit organization based in Minnesota. Coverage is provided across Minnesota and western Wisconsin, focusing on Medicare, individual and family plans, and medical assistance for various income levels. Services are designed to improve member health through integrity, community, quality, flexibility, and respect. A people-powered team is dedicated to simplifying health coverage access since 1984.
What products or services does UCare offer?
UCare offers Medicare Plans, Individual & Family Plans, and Medical Assistance Plans.
Who are UCare's investors?
UCare has 1 investor. Key investors include Fairview Health Services.