(Bloomberg) — Clover Health, an insurance startup using data science for preventative health care, has become Silicon Valley’s newest, and a rather reluctant, unicorn. Register Now Already have an account? Sign In Now
Health Health , an insurtech start - up that analyses vast amounts of patient data to identify predictive trends , has announced a $ 500 valuation . The announcement follows $ 130 m of investment into the company from GV , Alphabet 's venture arm . By identifying gaps in patients ' care , Clover 's software can identify upcoming health issues and enable one of its nurses to gauge the need for treatment . Currently only operating in New Jersey , the start - up will use the funding to expand to three more states by October .