Founded Year

2015

Stage

Acq - Pending | Alive

Total Raised

$1.575B

Valuation

$0000 

Revenue

$0000 

About NeueHealth

NeueHealth operates within the medical sector, providing care through its owned and affiliated clinics. It offers arrangements and tools for independent providers and medical groups, focusing on performance and population health. It serves health consumers, providers, and payors in the healthcare industry. It was formerly known as Bright Health Group. It was founded in 2015 and is based in Minneapolis, Minnesota.

Headquarters Location

8000 Norman Center Drive Suite 900

Minneapolis, Minnesota, 55437,

United States

844-926-4524

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Research containing NeueHealth

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned NeueHealth in 1 CB Insights research brief, most recently on Jun 1, 2023.

Expert Collections containing NeueHealth

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

NeueHealth is included in 9 Expert Collections, including Fintech 100.

F

Fintech 100

748 items

250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.

C

Conference Exhibitors

5,501 items

HLTH is a healthcare event bringing together startups and large companies from pharma, health insurance, business intelligence, and more to discuss the shifting landscape of healthcare

T

Tech IPO Pipeline

286 items

I

Insurtech

3,373 items

Companies and startups that use technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

D

Digital Health 50

300 items

The most promising digital health startups transforming the healthcare industry

V

Value-Based Care & Population Health

893 items

The VBC & Population Health collection includes companies that enable and deliver care models that address the health needs for defining populations along the continuum of care, including in the community setting, through participation, engagement, and targeted interventions.

Latest NeueHealth News

Sonder Health Plans to be liquidated as market pressures mount

Aug 22, 2025

The liquidation would end its Medicare Advantage and other special plans Share Sonder Health Plans Inc. will be liquidated on October 1, ending its Medicare Advantage, chronic special needs and dual eligible special needs plans. The insurer was placed under administrative supervision in April to address a capital surplus deficiency, but regulators concluded it could not continue without creating risks for policyholders and providers. As of December 31, 2024, Sonder’s risk-based capital ratio stood at -577.8% with a $12.2 million deficit. By mid-2025, the ratio had improved to -332%, but the shortfall had widened to $47.2 million, according to a Best Wire report. To protect policyholders, Georgia has worked with the Centers for Medicare and Medicaid Services to open a special enrollment period through October 31. Members who do not select new coverage by September 30 will be enrolled in original Medicare and automatically placed in Medicare Part D. Sonder’s collapse highlights wider difficulties for insurers in the Medicare Advantage market. Rising medical costs, reduced federal payments, and tighter regulation have led some insurers to scale back their presence, the report said. Humana, one of the largest Medicare Advantage providers, exited unprofitable plans earlier this year, cutting around 550,000 members, though most transferred to other Humana offerings. The move helped boost its profitability, with net income rising nearly 67% in Q1. Bright Health Group, once a fast-growing insurer, also pulled back sharply. It exited multiple Affordable Care Act markets, sold its California Medicare Advantage business to Molina Healthcare, and has since withdrawn from insurance altogether. Meanwhile, industry analysts noted that smaller and regional insurers like Sonder often lack the financial strength to withstand market pressures that larger, more diversified carriers can absorb. While Sonder was not rated by AM Best, its negative capital position underscored the challenges facing weaker operators. The liquidation adds to concerns that financial strain and regulatory demands could trigger further exits, leaving fewer options for consumers in an already consolidating Medicare Advantage marketplace. Related Stories

NeueHealth Frequently Asked Questions (FAQ)

  • When was NeueHealth founded?

    NeueHealth was founded in 2015.

  • Where is NeueHealth's headquarters?

    NeueHealth's headquarters is located at 8000 Norman Center Drive, Minneapolis.

  • What is NeueHealth's latest funding round?

    NeueHealth's latest funding round is Acq - Pending.

  • How much did NeueHealth raise?

    NeueHealth raised a total of $1.575B.

  • Who are the investors of NeueHealth?

    Investors of NeueHealth include New Enterprise Associates, Cigna Group Ventures, Bessemer Venture Partners, Greenspring Associates, Tiger Global Management and 13 more.

  • Who are NeueHealth's competitors?

    Competitors of NeueHealth include Next Insurance, BIMA, Alan, Devoted Health, Sidecar Health and 7 more.

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