Alphabet-backed US health insurance startup raises $500 mn
Google parent Alphabet-backed US-based health insurance startup Clover Health has raised $500 million in a funding round led by existing investor Greenoaks Capital. As part of the funding, it'll promote its current CTO Andrew Toy to also assume President's role. Founded in 2014 by Vivek Garipalli and Kris Gale, the startup has raised a total of $925 million in funding. 