Bright Health

Doral, Florida, United States Healthcare Public

NeueHealth (formerly Bright Health Group) is a health insurance and care management company that operates through two segments: NeueCare (wraparound care management) and NeueSolutions (provider enablement support). The company exited the insurance business in 2024 and rebranded to focus on value-driven, consumer-centric care delivery models serving Medicare Advantage, ACA Marketplace, and Medicaid populations. Operates a network of clinics in Florida, Texas, and other markets serving approximately 150,000 health consumers.

Public Company

Bright Health is publicly traded

IPO'd on June 24, 2021

BHG NYSE

This company is no longer available on our private secondary market. Shares can be traded publicly under BHG.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2015

Employees

950–1,050

Total Funding

$1.57B

5 rounds

Funding

Total raised $1.57B across 5 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series E

Date

September 2020

Amount

$500M

Valuation

Lead Investors

Tiger Global ManagementT. Rowe Price
DateRoundAmount RaisedValuationLead Investors
September 2020 Series E $500M Tiger Global Management, T. Rowe Price
December 2019 Series D $635M NEA
November 15, 2018 Series C $200M Declaration Partners

Leadership

  • Mike Mikan

    President and Chief Executive Officer

  • Jonathan B. Gavras

    President

  • Robert Sheehy

    Chairman of the Board

  • Manuel Kadre

    Lead Director

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Molina Healthcare

    Large managed care company offering health insurance plans across Medicare, Medicaid, and ACA Marketplace; acquired Bright Health's California Medicare Advantage plans in 2024

  • UnitedHealth Group

    Largest diversified US health and wellness company with insurance and health services operations; competitor in Medicare Advantage and managed care; former employer of NeueHealth founder

  • Cigna

    Global health services company with insurance, care delivery, and pharmaceutical benefits operations; strategic investor in NeueHealth (Cigna Ventures) and competitor in healthcare markets

  • CVS Health

    Integrated healthcare company with retail pharmacy, health insurance (Aetna), and care delivery operations; competitor in Medicare Advantage and managed care

  • Humana

    Major health insurance company with significant Medicare Advantage operations; direct competitor in senior care and risk-bearing care management

Bright Health Investment FAQ

Bright Health FAQ

Yes, Bright Health is publicly traded under the ticker symbol BHG on the NYSE. The company went public in June 24, 2021.

Bright Health trades under the ticker symbol BHG on the NYSE. It began trading in June 24, 2021.

Bright Health (BHG on the NYSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker BHG to place an order.

Bright Health went public in June 24, 2021 via ipo. Bright Health went public in June 2021 (NYSE: BHG) but faced significant operational and financial challenges. The company rebranded to NeueHealth in January 2024 and changed ticker to NEUE, pivoting from insurance to care management. NeueHealth was taken private in October 2025 by an NEA-led consortium at $7.33/share (enterprise value ~$1.465B), marking the end of its public company period.

Bright Health raised $1.57B across 5 disclosed funding rounds prior to its public listing.

Bright Health is headquartered in Doral, Florida, United States.

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