Clover Health
Financials
Estimates*
| USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Revenues | 673m | 1.5b | 3.5b | 2.0b | 1.4b | 1.5b | 1.6b |
| % growth | 46 % | 119 % | 136 % | (42 %) | (32 %) | 6 % | 6 % |
| EBITDA | (92.2m) | (636m) | (370m) | (180m) | 45.5m | 42.0m | 33.9m |
| % EBITDA margin | (14 %) | (43 %) | (11 %) | (9 %) | 3 % | 3 % | 2 % |
| Profit | (91.6m) | (588m) | (339m) | (213m) | (67.4m) | (61.2m) | (54.0m) |
| % profit margin | (14 %) | (40 %) | (10 %) | (10 %) | (5 %) | (4 %) | (3 %) |
| EV / revenue | 2.5x | 1.0x | 0.1x | 0.2x | 0.9x | 0.7x | 0.6x |
| EV / EBITDA | -18.1x | -2.3x | -0.9x | -1.9x | 28.8x | 25.0x | 28.6x |
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
N/A | Early VC | ||
$100m | Series A | ||
$35.0m | Series B | ||
$160m | Series C | ||
$130m Valuation: $1.2b | Series D | ||
* | $500m Valuation: $1.3b | Series E | |
| N/A | $400m Valuation: $3.7b 5.5x EV/LTM Revenues -40.1x EV/LTM EBITDA | SPAC Private Placement | |
$800m Valuation: $3.7b 5.5x EV/LTM Revenues -40.1x EV/LTM EBITDA | SPAC IPO | ||
* | N/A | $300m | Post IPO Equity |
| Total Funding | €1.2b | ||
Related Content
Recent News about Clover Health
EditClover Health is a healthcare company specializing in Medicare Advantage plans, primarily serving seniors. Operating in the U.S. market, Clover Health offers a range of services including personalized care, fitness memberships, and home checkups. The company aims to improve health outcomes by providing comprehensive coverage that goes beyond traditional Medicare. Clover Health's business model focuses on offering value-added services such as drug coverage and Medigap insurance to cover out-of-pocket costs. Revenue is generated through premiums paid by members and reimbursements from Medicare. The company emphasizes customer service, ensuring that members receive personalized attention and support. Clover Health's growth strategy includes expanding its network of healthcare providers and fitness centers to enhance member benefits.
Keywords: Medicare Advantage, personalized care, fitness memberships, home checkups, senior healthcare, U.S. market, drug coverage, Medigap insurance, customer service, healthcare network.
