Health insurance, health care, and financial services. Formerly Bright Health Group.
Bright Health
NeueHealth has raised nearly $2.66 billion from several investors.
Under the terms of the investment, Cigna and NEA will purchase, in aggregate, $750 million of convertible perpetual preferred stock, with a purchase price of $1,000 per share.
The initial public offering price is expected to be between $20.00 and $23.00 per share.
The funding round marks the first equity investment in the Company by Tiger Global Management, T. Rowe Price Associates and Blackstone.
Bright Health, a diversified consumer-focused healthcare company, announced it has signed an agreement to acquire California-based Brand New Day. The transaction...