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New Deal


Announced

Completed

Tiger Global Management, T. Rowe Price Associates, Blackstone, NEA and Bessemer Venture Partners led a $500m Series E round in Bright Health.

Financials

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Transaction Value£391m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Completed

Acquisition

Private

Life Insurance

health insurance

United States

Private Equity

Single Bidder

Venture Capital

Domestic

Minority

Friendly

Synopsis

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Tiger Global Management, T. Rowe Price Associates, Blackstone, NEA and Bessemer Venture Partners led a $500m Series E round in Bright Health, an American health insurance company based in Minneapolis. "At Bright Health we are leveraging our person-centric, intelligent technology platform to build a diversified and digitally integrated health care company. By aligning with our Care Partners, we have created a more personalized, affordable and convenient end-to-end health care experience for consumers. This funding allows us to continue to scale our transformative model and fulfill our purpose of lowering health care costs while improving outcomes, experience and access," G. Mike Mikan, Bright Health CEO.

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