Clover Health is a physician enablement and Medicare Advantage insurer that combines risk-bearing insurance plans with a proprietary AI-powered software platform (Clover Assistant) to support clinical decision-making and chronic disease management. Founded in 2014, the company went public via SPAC merger in January 2021 (NASDAQ: CLOV) and is pursuing value-based care transformation for the Medicare population.
Clover Health is publicly traded
This company is no longer available on our private secondary market. Shares can be traded publicly under its listed ticker.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2014
Employees
700–725
Total Funding
$2.13B
6 rounds
Latest Valuation
$3.7B
January 8, 2021
Total raised $2.13B across 6 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
SPAC merger (Social Capital Hedosophia III)
Date
January 8, 2021
Amount
$1.2B
Valuation
$3.7B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| January 8, 2021 | SPAC merger (Social Capital Hedosophia III) | $1.2B | $3.7B | Social Capital Hedosophia III |
| January 29, 2019 | Series E | $500M | $1.2B | Greenoaks Capital |
| May 10, 2017 | Series D | $130M | $1.2B | GV |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series C
$0.8B
May 2016
Clover Health today
$3.7B
Jan 2021 · latest mark
Clover Health multiple
4.6x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Andrew Toy
Chief Executive Officer
Vivek Garipalli
Executive Chairperson & Co-Founder
Clay Thornton
Interim Chief Financial Officer
Prabhdeep Singh
Chief Growth Officer
Jamie Reynoso
Chief Executive Officer of Medicare Advantage
Conrad Wai
Chief Executive Officer of Counterpart Health
Competitor list is illustrative and may be incomplete, stale, or erroneous.
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Devoted Health
Medicare Advantage focused insurer founded 2017 with emphasis on member service and care guide navigation
Alignment Healthcare
Medicare Advantage insurance provider operating in multiple states, went public in 2021
Humana
Large diversified health insurance company with major Medicare Advantage footprint
Elevance Health
Major health insurer (formerly Anthem) with significant Medicare Advantage presence
Cano Health
Primary care provider and Medicare Advantage operator with integrated care model
Clover Health went public on January 8, 2021 via SPAC merger with Social Capital Hedosophia Holdings Corp. III, trading on NASDAQ under ticker CLOV. As of 2026, the company is public and guiding toward first full-year GAAP profitability.
Clover Health 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 to place an order.
Clover Health had a valuation of approximately $3.7B at the time of its public offering. Current market capitalization fluctuates with the share price.
Clover Health raised $2.13B across 6 disclosed funding rounds prior to its public listing.
Clover Health was founded by Vivek Garipalli in 2014.
Clover Health is headquartered in Franklin, TN.
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