Investments
17Portfolio Exits
9Funds
3Partners & Customers
10About Cigna
Cigna (NYSE: CI) is a global health service company that focuses on improving health, well-being, and security. It provides an integrated suite of health services such as medical, dental, behavioral health, pharmacy, and vision care benefits, as well as group life, accident, and disability insurance. The company was founded in 1981 and is based in Bloomfield, Connecticut.
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Expert Collections containing Cigna
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find Cigna in 3 Expert Collections, including Fortune 500 Investor list.
Fortune 500 Investor list
590 items
This is a collection of investors named in the 2019 Fortune 500 list of companies. All CB Insights profiles for active investment arms of a Fortune 500 company are included.
Pharma Supply Chain
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Health Plans & Benefits Management
744 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.
Research containing Cigna
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Cigna in 6 CB Insights research briefs, most recently on Apr 17, 2023.
Latest Cigna News
Jun 2, 2023
06/01 05/22 06/02/2023 | 08:01am EDT Message : *Required fields BLOOMFIELD, Conn., June 2, 2023 /PRNewswire/ -- Global health company The Cigna Group (NYSE: CI) earned the first place ranking among the health care industry for its leadership in global sustainability in the first-ever Net Zero Leaders list released by Forbes this week. The list ranks the top 100 public companies in America that are best positioned to reduce greenhouse-gas emissions and offset them by 2050. "There is an intrinsic connection between human health and environmental health, and we are powered by our purpose to serve as a leader and steward of a well-functioning ecosystem of health," said Nancy Ryan, Global ESG Lead at The Cigna Group. "This honor from Forbes recognizes the work we've done and inspires us to do even more to advance better health for all." Cigna's ESG strategy is uniquely aligned to the company's purpose, and the four-pillared framework focuses on areas in which the company is uniquely equipped to make a positive impact: healthy society, healthy workforce, healthy environment, and healthy company. In support of the healthy environment pillar and its participation in RE100 , Cigna is committed to reduce its Scope 1 and 2 greenhouse-gas emissions by 50 percent and source 100 percent renewable electricity by 2030, and achieve carbon neutrality for operations by 2040. The company recently made a number of environmental investments in the areas of sustainable buildings, renewable electricity and water reduction, and is also working with its suppliers, clients and customers in support of their sustainability goals. For further information about Cigna's ESG strategy, investments and impact, please click here . About The Cigna Group The Cigna Group (NYSE:CI) is a global health company committed to creating a better future built on the vitality of every individual and every community. We relentlessly challenge ourselves to partner and innovate solutions for better health. The Cigna Group includes products and services marketed under Cigna Healthcare, Evernorth Health Services or its subsidiaries. The Cigna Group maintains sales capabilities in more than 30 countries and jurisdictions, and has approximately 190 million customer relationships around the world. Learn more at thecignagroup.com . Media Contact
Cigna Investments
17 Investments
Cigna has made 17 investments. Their latest investment was in Giddings Fruit as part of their Loan on March 3, 2020.
Cigna Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
3/10/2020 | Loan | Giddings Fruit | $90M | Yes | Cigna, and Prudential | 2 |
8/1/2018 | Series E | MDLIVE | $50M | Yes | 2 | |
6/14/2017 | Series C - II | Omada Health | $50M | Yes | 2 | |
8/5/2016 | Grant | |||||
5/11/2016 | Grant |
Date | 3/10/2020 | 8/1/2018 | 6/14/2017 | 8/5/2016 | 5/11/2016 |
|---|---|---|---|---|---|
Round | Loan | Series E | Series C - II | Grant | Grant |
Company | Giddings Fruit | MDLIVE | Omada Health | ||
Amount | $90M | $50M | $50M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | Cigna, and Prudential | ||||
Sources | 2 | 2 | 2 |
Cigna Portfolio Exits
9 Portfolio Exits
Cigna has 9 portfolio exits. Their latest portfolio exit was Cigna - Life and A&H Businesses (Asia Pacific) on October 07, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
10/7/2021 | Divestiture | Cigna - Life and A&H Businesses (Asia Pacific) | 46 | ||
Date | 10/7/2021 | ||||
|---|---|---|---|---|---|
Exit | Divestiture | ||||
Companies | Cigna - Life and A&H Businesses (Asia Pacific) | ||||
Valuation | |||||
Acquirer | |||||
Sources | 46 |
Cigna Acquisitions
12 Acquisitions
Cigna acquired 12 companies. Their latest acquisition was Express Scripts on December 20, 2018.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
12/20/2018 | Acq - P2P | 17 | ||||
10/31/2018 | Acquired | 1 | ||||
12/14/2017 | Series D | $54M | Acquired | 2 | ||
7/11/2017 | ||||||
1/26/2015 |
Date | 12/20/2018 | 10/31/2018 | 12/14/2017 | 7/11/2017 | 1/26/2015 |
|---|---|---|---|---|---|
Investment Stage | Series D | ||||
Companies | |||||
Valuation | |||||
Total Funding | $54M | ||||
Note | Acq - P2P | Acquired | Acquired | ||
Sources | 17 | 1 | 2 |
Cigna Fund History
3 Fund Histories
Cigna has 3 funds, including Cigna Mezzanine Partners III LP.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
12/31/1992 | Cigna Mezzanine Partners III LP | Mezzanine (Third-Party) | Closed | $450M | 1 |
12/31/1989 | Cigna Mezzanine Partners II LP | ||||
12/31/1985 | Cigna/Morgan Stanley Mezz. Partners LP |
Closing Date | 12/31/1992 | 12/31/1989 | 12/31/1985 |
|---|---|---|---|
Fund | Cigna Mezzanine Partners III LP | Cigna Mezzanine Partners II LP | Cigna/Morgan Stanley Mezz. Partners LP |
Fund Type | Mezzanine (Third-Party) | ||
Status | Closed | ||
Amount | $450M | ||
Sources | 1 |
Cigna Partners & Customers
10 Partners and customers
Cigna has 10 strategic partners and customers. Cigna recently partnered with Icertis on April 4, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
4/28/2023 | Vendor | United States | Today , the world 's most iconic brands and disruptive innovators trust Icertis to govern the rights and commitments in their 10 million + contracts worth more than $ 1 trillion in 40 + languages and 90 + countries . | 1 | |
3/9/2023 | Vendor | United States | ReKlame Health, a mental health company focused on BIPOC communities, joins Cigna Like many other major insurers , tech companies and hospital systems , Cigna Foundation has made mental health a major priority over the past few years , particularly through partnerships with companies like ReKlame Health . | 3 | |
1/31/2023 | Vendor | United States | Excite Credit Union Recognized With Cigna Healthy Workforce Designation™ 31 , 2023 -- Cigna has selected Excite as a recipient of their Silver level Healthy Workforce Designation for demonstrating a strong commitment to improving the health and well-being of its employees through a workplace wellness program . | 1 | |
1/12/2023 | Partner | ||||
11/17/2022 | Partner |
Date | 4/28/2023 | 3/9/2023 | 1/31/2023 | 1/12/2023 | 11/17/2022 |
|---|---|---|---|---|---|
Type | Vendor | Vendor | Vendor | Partner | Partner |
Business Partner | |||||
Country | United States | United States | United States | ||
News Snippet | Today , the world 's most iconic brands and disruptive innovators trust Icertis to govern the rights and commitments in their 10 million + contracts worth more than $ 1 trillion in 40 + languages and 90 + countries . | ReKlame Health, a mental health company focused on BIPOC communities, joins Cigna Like many other major insurers , tech companies and hospital systems , Cigna Foundation has made mental health a major priority over the past few years , particularly through partnerships with companies like ReKlame Health . | Excite Credit Union Recognized With Cigna Healthy Workforce Designation™ 31 , 2023 -- Cigna has selected Excite as a recipient of their Silver level Healthy Workforce Designation for demonstrating a strong commitment to improving the health and well-being of its employees through a workplace wellness program . | ||
Sources | 1 | 3 | 1 |
Cigna Team
89 Team Members
Cigna has 89 team members, including , .
Name | Work History | Title | Status |
|---|---|---|---|
Daniel T. Pickett III | Zones, nfrastructure Technologies, Hudson River Capital, and KeyCorp | Founder | Current |
Name | Daniel T. Pickett III | ||||
|---|---|---|---|---|---|
Work History | Zones, nfrastructure Technologies, Hudson River Capital, and KeyCorp | ||||
Title | Founder | ||||
Status | Current |
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