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Founded Year



Series B - III | Alive

Total Raised


Last Raised

$30M | 6 mos ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+10 points in the past 30 days

About Centivo

Centivo operates as a self-funded health plan built specifically for employers and their employees and families. Centivo targets zero healthcare trend and improved healthcare outcomes by rewarding members and providers for smart choices and actions. It serves as a health plan or third-party administrator (TPA) for employers and partners closely with local health plans and TPAs to enhance their offerings. Centivo works with self-insured employers of all sizes. The company was formerly known as Creche NY. It was founded in 2017 and is based in Buffalo, New York.

Headquarters Location

77 Goodell Street, 5th Floor

Buffalo, New York, 14203,

United States

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Centivo's Products & Differentiators

    Partnership Plan

    Centivo administers Partnership Plan for self-funded employers. The Partnership plan features proprietary high value provider networks. Can be offered alongside existing benefit plans ("slice") or as a full replacement. Employer can also accompany plan with PPO/HDHP plans from Cigna (and some others depending on market).

Research containing Centivo

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Centivo in 1 CB Insights research brief, most recently on Aug 19, 2020.

Expert Collections containing Centivo

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Centivo is included in 4 Expert Collections, including Insurtech.



2,687 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience



7,746 items

US-based companies


Health Plans & Benefits Management

739 items

Companies developing or offering digital platforms and services, including online insurance marketplaces, data analytics for claims adjustment, benefits administration, and payments systems, that help make private health insurance more affordable, navigable, or transparent.


Digital Health

13,069 items

Technologies, platforms, and systems that engage consumers for lifestyle, wellness, or health-related purposes; capture, store, or transmit health data; and/or support life science and clinical operations. (DiME, DTA, HealthXL, & NODE.Health)

Latest Centivo News

08:00 ET Centivo's 2022 Healthcare Spend Analysis Reveals 21 to 33 Percent Cost Savings for Employers

Jan 23, 2023

News provided by Share this article Share this article Employees Using Centivo Also Visited Primary Care Physicians More and Experienced Fewer Emergency and Inpatient Visits Than Industry Benchmarks BUFFALO, N.Y., Jan. 23, 2023 /PRNewswire/ --  Centivo , a new type of health plan for self-funded employers anchored around leading providers of value-based care, today announced key findings from its 2022 healthcare spend analysis derived from the Company's flagship Partnership Plan offering. The findings reveal dramatic healthcare cost savings for Centivo's employer clients (21 to 33 percent) compared to widely recognized industry benchmarks. In addition to highlighting cost savings, Centivo's analysis reveals utilization patterns that enabled healthier member outcomes, including higher primary care visits (+30 percent) and fewer emergency room visits (-15 percent) and inpatient admits (-13 percent). Centivo's 2022 Partnership Plan Results versus Industry Benchmarks Metric $331 1,722 -29 Centivo's analysis is based on incurred and paid claims from Jan. 1 through Dec. 31, 2022, from members enrolled in the Centivo Partnership Plan, plus a claim's maturity completion factor. Centivo's Partnership Plan is anchored around a primary care-centered provider model committed to improved patient access, quality and cost-effective care. This alignment brings with it market-leading pricing that enables significant employer savings. Additionally, these savings are offered in concert with plan designs that are more affordable – typically no deductibles, free primary care and straightforward copays for all non-primary care services, including surgeries and hospitalizations. All plans also include Centivo's proprietary virtual care practice, one of the first to receive the National Committee for Quality Assurance's Patient-Centered Medical Home Recognition. For members, the plan savings amount to an annual increase in take-home pay: members on Centivo's standard Partnership Plan paid an average of only $409 per year in out-of-pocket costs, compared to the national average of over $1,600 per year . "Ensuring everyone has access to high-quality, affordable healthcare is the driving force behind everything Centivo does for its clients, members and provider partners," said Ashok Subramanian, CEO, Centivo. "The results of our 2022 healthcare spend analysis validate our model's ability to provide and deliver a first-of-its-kind health benefit plan that workers across the country, and in companies of all sizes, can actually afford to better their health and quality of life." About Centivo Centivo is an innovative health plan for self-funded employers with a mission to bring affordable, high-quality healthcare to the millions of workers who struggle to pay their medical bills. Anchored around a primary care-based Accountable Care Organization (ACO) model and fully integrated with one of the nation's first virtual primary care practices to receive the National Committee for Quality Assurance's Patient-Centered Medical Home Recognition, Centivo typically saves employers 20 percent or more compared to traditional U.S. insurance carriers. Employees also realize significant savings through its free primary care, predictable copays and no-deductible benefit plan design. Centivo partners with companies employing over 50 people – from mid-sized organizations to the Fortune 500. For more information, visit . Media Contacts

Centivo Frequently Asked Questions (FAQ)

  • When was Centivo founded?

    Centivo was founded in 2017.

  • Where is Centivo's headquarters?

    Centivo's headquarters is located at 77 Goodell Street, 5th Floor, Buffalo.

  • What is Centivo's latest funding round?

    Centivo's latest funding round is Series B - III.

  • How much did Centivo raise?

    Centivo raised a total of $149M.

  • Who are the investors of Centivo?

    Investors of Centivo include Morgan Health, Ingleside Investors, Bain Capital Ventures, F-Prime Capital, Maverick Ventures Israel and 15 more.

  • Who are Centivo's competitors?

    Competitors of Centivo include Blue Cross Blue Shield and 4 more.

  • What products does Centivo offer?

    Centivo's products include Partnership Plan and 2 more.

  • Who are Centivo's customers?

    Customers of Centivo include Stew Leonard's and Starling Auto Group.

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