Franklin
Clover Health is a health insurance company driving to improve the overall state of healthcare in America by integrating the company's systems with doctors, clinicians, and nurse practitioners to help healthcare professionals in the field intervene directly into patients’ wellness to help them avoid acute health episodes.
Estimated valuation today
$6.4B
+336.90% since last round
Calculated based on estimated multiplier and revenue.
Estimated multiplier for Clover Health
5.54x revenue
Calculated based on public comps and hype multiple.
Revenue
Update this based on your knowledge or projections. Calculations use last 12 months revenue.
Hype Multiple
Currently selected comps have a median growth rate of 1.75%
This premium represents how much of a bonus the company receives on its valuation for its additional growth compared to the selected public comps. The valuation is multipled by the Hype Multiple to get the final valuation. You can read more about this from a16z.
multiple
In an event of a merger or aquisition, the investors will get their money back first. In this case, the investors got paid out and there was sufficent money left for employees. Everything above this point means you can exercise your options for a profit.
The last round was 7 months ago.
Date
December 2021
Valuation
$1.5B
Amount raised
N/A
We estimate company valuation by comparing it to similiar companies in the public market. The revenue multipler is calculated by taking a company's current valuation and dividing it by its total revenue.
Multiple at last round
6.34x revenue
Today's multiple
3.69x revenue
Change
-41.80%
Companies
Industry – FinTech
Last updated 5 mins ago.
| Remove | Name | Ticker | Price multiple |
|---|---|---|---|
| Clover Health | 3.69x | ||
| Robinhood Markets Inc | HOOD | 4.84x | |
| Block Inc | SQ | 2.77x | |
| JPMorgan Chase & Co | JPM | 2.74x | |
| Bank of America Corp | BAC | 2.98x | |
| Visa Inc Class A | V | 15.50x |
| Date | Round | Amount raised | Price per share (Preferred) | Valuation |
|---|---|---|---|---|
| May 2017 | Series D | $130MM | $9.38 | $1.23B |
| May 2016 | Series C | $160.17MM | $8.40 | $835MM |
| Jan 2016 | Series A-1 | $7.5MM | $1.04 | $78MM |
| Jan 2016 | Series A | $5.5MM | $1.04 | $70.5MM |
| Dec 2015 | Series B | $35MM | $3.39 | $263MM |
With a revenue of $1.2B and a Hype Multiple of 1.5x,
Clover Health is estimated to be worth $6.4B.