Tech-savvy startup Clover Health raises $160M

Startup health insurer Clover Health has raised $160 million in Series C funding from private investors. The San Francisco-based company, which was founded in 2012, seeks to compete with traditional insurers in the Medicare market by using data analytics to build clinical profiles of members, identify gaps in care and fill those gaps through care coordination. Clover Health plans to use the funding to bring its plans into new markets and continue to build out its technology and data science capabilities, co-founder and CEO Vivek Garipalli said. Announcement

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