# Clover Health funding: rounds and investors

> Clover Health has raised $1.0B across 4 rounds since 2015. Investors include Sequoia Capital, Greenoaks and Greenoaks Capital / GV. Every round with its source.

Source: https://millionrounds.com/company/clover-health (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Clover Health*

4 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$1.0B** raised across 4 rounds since 2015, from 4 sources

**$100M** Venture **$130M** Round **$500M** Round **$300M** Round

- **Latest round:** Round, $300M Nov 2021
- **Biggest round:** $500M Round · Jan 2019
- **Investors:** 14 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2016 2017 2018 2019 2020 2021

**$100M** Venture

**$130M** Round

**$500M** Round

**$300M** Round

- **First round:** Venture, $100M
- **Biggest round:** $500M
- **Usual gap between rounds:** 21 months

## The rounds

- **Nov 2021** Round **$300M** *4 new* *2 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [U.S. Venture Partners](https://millionrounds.com/fund/u-s-venture-partners-usvp) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) [Quiet Capital](https://millionrounds.com/fund/quiet-capital) [Greenoaks](https://millionrounds.com/fund/greenoaks) Source recorded
- **Jan 2019** Round **$500M** *3 new* *1 returning* Greenoaks Capital / GV Lead [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Floodgate](https://millionrounds.com/fund/floodgate) [Bracket Capital](https://millionrounds.com/fund/bracket-capital) Reported by TechCrunch
- **May 2017** Round **$130M** *5 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Google Ventures](https://millionrounds.com/fund/gv) [Greenoaks](https://millionrounds.com/fund/greenoaks) [Palm Drive Capital](https://millionrounds.com/fund/palm-drive-capital) Western Technology Reported by FinSMEs
- **Sept 2015** Venture **$100M** *2 new* [First Round Capital](https://millionrounds.com/fund/first-round-capital) [Athyrium Capital Management](https://millionrounds.com/fund/athyrium-capital-management-lp) From a historical funding record

## Founders and team

From Clover Health's own website: 8 on the team.

- **Andrew Toy** Chief Executive Officer
- **Aric Sharp** CEO of Value Based Care
- **Conrad Wai** CEO of Counterpart Health
- **Jamie Reynoso** CEO of Medicare Advantage
- **Clay Thornton** Interim Chief Financial Officer
- **Karen Soares** Chief Legal Officer
- **Rachel Fish** Chief People Officer
- **Wendy Richey** Chief Compliance Officer

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Venture** 2015 **Round** 2017 **Round** 2019 **Round** 2021 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Greenoaks](https://millionrounds.com/fund/greenoaks) Greenoaks Capital / GV L [Google Ventures](https://millionrounds.com/fund/gv) [First Round Capital](https://millionrounds.com/fund/first-round-capital) [U.S. Venture Partners](https://millionrounds.com/fund/u-s-venture-partners-usvp) [Spark Capital](https://millionrounds.com/fund/spark-capital) [Floodgate](https://millionrounds.com/fund/floodgate) [Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) [Quiet Capital](https://millionrounds.com/fund/quiet-capital)

## Everyone who backed them

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **3** rounds

[Greenoaks](https://millionrounds.com/fund/greenoaks) VC firm **2** rounds

Greenoaks Capital / GV no record of our own yet **1** round, led 1

[Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **1** round

[First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **1** round

[U.S. Venture Partners](https://millionrounds.com/fund/u-s-venture-partners-usvp) VC firm **1** round

[Spark Capital](https://millionrounds.com/fund/spark-capital) VC firm **1** round

[Floodgate](https://millionrounds.com/fund/floodgate) VC firm **1** round

[Nexus Venture Partners](https://millionrounds.com/fund/nexus-venture-partners) VC firm **1** round

[Quiet Capital](https://millionrounds.com/fund/quiet-capital) VC firm **1** round

[Palm Drive Capital](https://millionrounds.com/fund/palm-drive-capital) VC firm **1** round

[Athyrium Capital Management](https://millionrounds.com/fund/athyrium-capital-management-lp) Private equity **1** round

[Bracket Capital](https://millionrounds.com/fund/bracket-capital) VC firm **1** round

Western Technology no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=clover-health).

## Also claim to have backed them

These 8 firms list Clover Health as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm Per its own site

[Toba Capital](https://millionrounds.com/fund/toba-capital) VC firm Per its own site

[Refactor Capital](https://millionrounds.com/fund/refactor-capital) VC firm Per its own site

[Lifeforce Capital](https://millionrounds.com/fund/lifeforce-capital) VC firm Per its own site

[Summit Action](https://millionrounds.com/fund/summit-action) VC firm Per its own site

[HSCM Ventures](https://millionrounds.com/fund/hscm-ventures) Private equity Per its own site

[J Heart Ventures](https://millionrounds.com/fund/j-heart-ventures-2) VC firm Per its own site

[Particular Ventures](https://millionrounds.com/fund/particular-venture) Angel network Per its own site

## Quick answers about Clover Health

### Who invested in Clover Health?

Clover Health's investors include Sequoia Capital, Greenoaks, Greenoaks Capital / GV, Google Ventures and First Round Capital, and 9 more on record.

### How much has Clover Health raised?

Clover Health has raised $1.0B across 4 rounds since 2015.

### When did Clover Health last raise?

Clover Health's most recent round was an Undisclosed round of $300M in Nov 2021.

### What was Clover Health's biggest round?

Clover Health's largest round on record is $500M (Undisclosed round), in Jan 2019, led by Greenoaks Capital / GV.

### Who backed Clover Health first?

Clover Health's first round on record, in Sept 2015, was backed by First Round Capital and Athyrium Capital Management.

### What stage is Clover Health at?

Clover Health's latest named round is an Undisclosed round, in Nov 2021.

### Where is Clover Health based?

Clover Health is based in the United States.

### Who led Clover Health's rounds?

Greenoaks Capital / GV led the Undisclosed round in 2019.

## Companies like Clover Health

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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