OverviewSuggest Edit

Bright Health is a health insurance company. It provides individual and family health insurance services. It forms partnerships with a single health system in each market in order to create a proprietary Care Partnership. Its Care Partnership aims to drive down healthcare costs, improve clinical outcomes, and enhance consumer and provider satisfaction.

TypePrivate
Founded2015
HQMinneapolis, US
Websitebrighthealthplan.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Oct 2020)521(+3%)
Job Openings73
Cybersecurity ratingCMore

Key People/Management at Bright Health

Bob Sheehy

Bob Sheehy

Co-Founder and Executive Chairman
Mike Mikan

Mike Mikan

Vice Chairman, CEO and President
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Bright Health Office Locations

Bright Health has offices in Minneapolis and Englewood
Minneapolis, US (HQ)
219 N 2nd St #310
Englewood, US
10333 E Dry Creek Rd #150
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Bright Health Financials and Metrics

Summary Metrics

Bright Health's latest funding round in September 2020 was reported to be $500 m. In total, Bright Health has raised $1.6 b. Bright Health's latest valuation is reported to be $950 m.
View all funding rounds

Bright Health Revenue

USD

Revenue (Q1, 2017)

6.4m

EBIT (Q1, 2017)

(3.7m)

Market valuation

950.0m
USDQ1, 2017

Revenue

6.4m

EBIT

(3.7m)

EBIT margin, %

(58%)
USDQ1, 2017

Revenue/Employee

106.7k
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Bright Health Operating Metrics

Jun, 2017Mar, 2018Sep, 2020

Covered Lives

11 k120 k

Partners

3
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Bright Health Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

Bright Health Online and Social Media Presence

Embed Graph

Bright Health News and Updates

Bright Health Inc. Announces $500 Million Series E Funding Including Significant Investments by Tiger Global Management, T. Rowe Price Associates, Blackstone, NEA and Bessemer Venture Partners

MINNEAPOLIS, Sept. 22, 2020 /PRNewswire/ -- Today, Bright Health Inc. announced a $500 million Series E funding round with significant investments by funds and accounts advised by Tiger Global Management, T. Rowe Price Associates and Blackstone, with follow-on investments from existing...

Bright Health just added $635 million to its war chest as the health startup plots a massive expansion

Bright Health, a Minneapolis-based health-insurance startup, just raised $635 million, bringing its total funding to more than $1 billion. Bright offers insurance to individuals under the Affordable Care Act and coverage to seniors in Medicare Advantage. It partners with a health system in each ma…

Amid Medicare Expansion, Bright Health Raises $635M

Health insurer Bright Health said it has closed on a $635 million round of financing amid a major expansion of health plan products including Medicare Advantage to several new markets for 2020.

BenaVest's New Bright Health Agent Contracting Portal Makes Life Easy for Agents to Get Appointed With Bright Health

BenaVest shines the light on Bright Health's new expansion into new territories. For this upcoming 2020 Obamacare Enrollment, Bright Health has expanded into counties like Palm Beach, Orlando, Tampa, and Jacksonville, Florida.

BenaVest Opens New Obamacare Office in Light of Bright Health Expanding in Palm Beach, Tampa, and Orlando

Bright Health is expanding into new territories. For this upcoming 2020 Obamacare Enrollment, Bright Health has expanded into counties like Palm Beach, Orlando, Tampa, and Jacksonville, Florida. Health insurance consumers may look forward to more competitive pricing in these areas when shopping the …

Bright Health Brings Its Innovative Model to Oklahoma in Collaboration with INTEGRIS Health in 2020

MINNEAPOLIS, Oct. 21, 2019 /PRNewswire/ -- Today, Bright Health announced details of its individual and family plans for Oklahoma City area residents in 2020. Bright Health developed their plans in collaboration with INTEGRIS Health. Bright Health has received regulatory approval from the...
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Bright Health Blogs

Bright Health Frequently Asked Questions

  • When was Bright Health founded?

    Bright Health was founded in 2015.

  • Who are Bright Health key executives?

    Bright Health's key executives are Bob Sheehy and Mike Mikan.

  • How many employees does Bright Health have?

    Bright Health has 521 employees.

  • Who are Bright Health competitors?

    Competitors of Bright Health include Clover Health, Oscar Health and Castlight Health.

  • Where is Bright Health headquarters?

    Bright Health headquarters is located at 219 N 2nd St #310, Minneapolis.

  • Where are Bright Health offices?

    Bright Health has offices in Minneapolis and Englewood.

  • How many offices does Bright Health have?

    Bright Health has 2 offices.