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Gohealth Receives $50 Million Strategic Investment To Support Long-Term Growth Opportunities

Sep 26, 2022•almost 3 years ago

Amount Raised

$50 Million

ChicagoInsuranceEmployee BenefitsHealth Care

Description

GoHealth, Inc. ( Nasdaq: GOCO), a leading health insurance marketplace and Medicare-focused digital health company, announced that it has closed a $50 million private investment. The funding strategically expands GoHealth's shareholder base, enhances its already strong balance sheet as the Company focuses on driving strong cash flow in the near term, enables further investment in new technologies and strategic initiatives, enhances its multi-payer marketplace, and expands its Encompass platform, a revolutionary technology-driven approach to purchasing Medicare Advantage plans. Through unmatched proprietary technology and consumer insights, Encompass supports enrollment and engagement throughout the care management model, helping to solve a critical need in the marketplace and driving positive outcomes at scale.

Company Information

Company

GoHealth

Location

Chicago, Illinois, United States

About

GoHealth has an ambitious mission: To improve access to healthcare in America. Achieving this mission relies on hiring and developing great people, which is why our team is our top priority. We encourage employees to do their best work through innovation and risk taking. Our environment is fun yet constructive, thanks to leaders whose doors are always open. And most importantly, we’ll never stop investing in you and your career. Included in the Deloitte Technology Fast500, Crain’s Fast 50, Top 100 Digital Companies, and 101 Best Places to Work, GoHealth continues to attract the best in the business. At GoHealth, it's our employees who drive our success, which is why we understand the importance of corporate culture. When you join #TeamGoHealth, you’ll receive benefits such as health care coverage, a 401k plan, and most importantly, unlimited career growth opportunities.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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