Collective Health has raised $ 100 m from Google Ventures in a bid to expand outside its California base , throughtout the US . The company offers a helpiing hand to small businesses to ﻿migrate their insurance plans to self - funded plans , and will work with major insurers such as Anthem and Blue Shield of California to help deliver its offering . The round was led by Google Ventures, a new investor, and existing backers New Enterprise Associates, Founders Fund, Maverick Capital, Redpoint Ventures and RRE Ventures. “ We ’re working to shift the focus of our insurance from businesses to people , ” Ali Diab , CEO of Collective Health , said in a statement , adding " Ultimately , this funding will give Collective Health a big boost in our mission to make the healthcare experience in our country something we can all feel proud of . "
Collective Health has raised $ 100 m from Google Ventures in a bid to expand outside its California base , throughtout the US . The company offers a helpiing hand to small businesses to ﻿migrate their insurance plans to self - funded plans , and will work with major insurers such as Anthem and Blue Shield of California to help deliver its offering . “ We ’re working to shift the focus of our insurance from businesses to people , ” Ali Diab , CEO of Collective Health , said in a statement , adding " Ultimately , this funding will give Collective Health a big boost in our mission to make the healthcare experience in our country something we can all feel proud of . "