
Bright Health fuels expansion plans with $635M funding round
The insurance startup led by UnitedHealthcare’s former CEO closed a $635 million funding round led by New Enterprise Associates.
The insurance startup led by UnitedHealthcare’s former CEO closed a $635 million funding round led by New Enterprise Associates.
Led by former UnitedHealthcare CEO Bob Sheehy, Bright is one of a crop of insurance startups looking to disrupt the industry with better consumer experiences and closer integrations with providers.
"Consumers will play an increasingly important role in healthcare plan coverage and consumers, in most parts of the country, don't have good choices," Bright Health CEO and Co-founder Bob Sheehy said.