Greensboro, N.C.-based Cone Health, Long Beach, Calif.-based MemorialCare Health System, and Morgan Health, the healthcare arm of JPMorgan Chase, are among the investors, according to a Sept. 24 news release.
Launched in 2019, Centivo has a market presence in 13 states.
“Our next step is to expand the number of Americans who can finally have a health plan that they can afford to use and to make more heroes out of those employers who are restoring healthcare affordability in their workplaces,” CEO and co-founder Ashok Subramanian said.