Clover Health Scores $160 Million to Boost Insurance Tech

  • Greanoaks Capital Leads Round; Sequoia, other VCs reinvest
  • Insurance startups continue to raise record venture cash

Clover Health Inc. raised $160 million from private investors, suggesting the sector is still a favorite among venture capitalists betting such startups can disrupt the trillion-dollar insurance market.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.