Cigna invests in Bright Health's $750M financing
Cigna Ventures and Bright's majority shareholder, New Enterprise Associates, are contributing to the financing. It comes as Bright faces higher-than-expected medical costs during the pandemic.
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Cigna Ventures and Bright's majority shareholder, New Enterprise Associates, are contributing to the financing. It comes as Bright faces higher-than-expected medical costs during the pandemic.
This week the company also reaffirmed its 2021 revenue guidance and announced its outlook for next year.
Shares in the Bloomington-based health insurer jumped Tuesday on news that the venture capital unit of health insurance giant Cigna is a new investor.
The application window is open for the startup contest Pitch Perfect at INVEST March 28-30 at the Ritz Carlton in Chicago. Here's a look at some of the participants in the contest and progressed they've made on their mission to improve healthcare.