Bright Health Group Announces $750 Million Capital Raise to Support Continued Growth
New financing from Cigna and long-term shareholder New Enterprise Associates affirms conviction in Bright Health Group's differentiated alignment model
Bright Health Group, Inc. ("Bright Health Group" or the "Company") (NYSE:BHG), the first technology-enabled fully aligned system of care, built for healthcare's consumer retail market, today announced a $750 million financing to support continued growth. The financing includes a strategic investment by Cigna Ventures, the corporate venture capital partner and wholly owned indirect subsidiary of Cigna Corporation ("Cigna"), as a new investor in the company. The Company's largest existing shareholder, New Enterprise Associates ("NEA"), will a
