Search company, investor...

Predict your next investment

Optum company logo
Corporation
INTERNET | Internet Software & Services / Healthcare
optum.com

See what CB Insights has to offer

Investments

2

Portfolio Exits

3

Partners & Customers

10

About Optum

Optum (NYSE: UNH) is an information and technology-enabled health services business. The company delivers integrated solutions that help to modernize the health system and improve overall population health. Through Optum Care, the company offers a network of doctors nationwide. Optum Financial provides financing and payment services, expanding access to care in the health system. Additional offerings include Optum Rx, Optum Perks, Optum Bank, as well as a number of sites for health care professionals. The company was founded in 2011 and is based in Eden Prairie, Minnesota.

Headquarters Location

11000 Optum Circle

Eden Prairie, Minnesota, 55344,

United States

+1 888 445 8745

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Optum

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

Find Optum in 2 Expert Collections, including Pharma Supply Chain.

P

Pharma Supply Chain

19 items

C

Conference Exhibitors

5,302 items

Optum Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Optum Rank

Research containing Optum

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

CB Insights Intelligence Analysts have mentioned Optum in 4 CB Insights research briefs, most recently on Nov 15, 2022.

Latest Optum News

Walmart Health's last 60 days: 10 updates

Dec 1, 2022

Paige Haeffele -   As of Nov. 7, Walmart Health is seeking an Epic revenue cycle analyst. Cheryl Pegus, MD, Walmart's executive vice president of health and wellness, is departing the retailer after about two years for a managing director role with JPMorgan's healthcare arm. Dr. Pegus will remain a senior adviser to Walmart, although no successor has been named for her role. Walmart has reached a possible $3.1 billion opioid settlement with state and local governments, pending the approval by 43 states by Dec. 15. The company's proposal came in the wake of lawsuits alleging that the company's pharmacies improperly filled prescriptions for painkillers. Walmart Health plans to open 16 health centers in Florida. The new facilities will be located beside Walmart Supercenters and will provide a range of healthcare services for patients seven days a week. Locations will span the metropolitan areas of Jacksonville, Orlando and Tampa and are expected to open in 2023. Claude Pirtle, MD, the former chief medical information officer of Jackson-based West Tennessee Healthcare, took on the role of Walmart Health & Wellness' inaugural chief medical informatics officer Oct. 10. A deal between Optum and Walmart will provide value-based care to patients at Walmart's clinics. Starting in 2023, Optum will jointly develop 15 Walmart health clinics in Florida and Georgia. Walmart began selling over-the-counter hearing aids Oct. 17, about three months after President Joe Biden signed an executive order telling HHS to speed up the years-in-the-making promise. The company said the devices would be priced between $199 and $999 per pair. The Walmart Healthcare Research Institute launched Oct. 11. It will initially focus on inclusion in clinical studies on treatments for chronic conditions and treatments that should include members from underrepresented populations, including older adults, rural residents, women and minority populations. Three months after the Supreme Court overturned Roe v. Wade, Walmart stopped requiring North Carolina pharmacy workers to confirm misoprostol was not intended for an abortion. Walmart told Becker's it reversed the policy after the North Carolina Board of Pharmacy clarified that the state law does not apply to pharmacists. On Sept. 29, an appeals court reversed a lower court's dismissal of lawsuits filed against CVS and Walmart, which accused the retail pharmacy chains of selling homeopathic products that have no clinical benefit next to drugs that do work. The court ruled that "through their product placement practices, Walmart and CVS misled consumers into believing that homeopathic products are equivalent alternatives to FDA-approved over-the-counter drugs." A Walmart spokesperson said the company may appeal the decision.

Optum Investments

2 Investments

Optum has made 2 investments. Their latest investment was in Health at Scale as part of their Series A on January 1, 2019.

CBI Logo

Optum Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/4/2019

Series A

Health at Scale

$16M

Yes

3

2/3/2015

Corporate Minority

Subscribe to see more

Subscribe to see more

10

Date

1/4/2019

2/3/2015

Round

Series A

Corporate Minority

Company

Health at Scale

Subscribe to see more

Amount

$16M

New?

Yes

Subscribe to see more

Co-Investors

Sources

3

10

Optum Portfolio Exits

3 Portfolio Exits

Optum has 3 portfolio exits. Their latest portfolio exit was Connextions on April 05, 2017.

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

4/5/2017

Acquired - II

$99M

2

2/14/2017

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

5/20/2015

Acquired Unit

Subscribe to see more

$99M

Subscribe to see more

10

Date

4/5/2017

2/14/2017

5/20/2015

Exit

Acquired - II

Acquired

Acquired Unit

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

2

10

10

Optum Acquisitions

36 Acquisitions

Optum acquired 36 companies. Their latest acquisition was VPay on July 28, 2022.

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

7/28/2022

$99M

Acquired

1

6/1/2022

$99M

Acquired

1

4/5/2022

Other

$99M

$54.2M

Acquired

3

3/29/2022

Subscribe to see more

$99M

Subscribe to see more

10

3/24/2022

Subscribe to see more

$99M

Subscribe to see more

10

Date

7/28/2022

6/1/2022

4/5/2022

3/29/2022

3/24/2022

Investment Stage

Other

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$54.2M

Note

Acquired

Acquired

Acquired

Subscribe to see more

Subscribe to see more

Sources

1

1

3

10

10

Optum Partners & Customers

10 Partners and customers

Optum has 10 strategic partners and customers. Optum recently partnered with MarinHealth on February 2, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

2/3/2022

Client

United States

5 healthcare organizations outsourcing RCM

The partnership also will support VillageMD 's efforts to grow from 145 locations to 700 in the next five years , according to R1 RCM .

1

1/20/2022

Partner

United States

MarinHealth and Optum Launch New Strategic Relationship to Streamline Administrative Functions and Improve the Patient Experience in Marin County, California

GREENBRAE , Calif. , & EDEN PRAIRIE , Minn. -- -- MarinHealth and Optum today announced a strategic relationship to advance MarinHealth 's operational objectives and support MarinHealth 's continued commitment to providing high-quality , affordable , convenient and accessible care for North Bay residents .

3

6/29/2021

Vendor

United States

1

5/26/2021

Partner

United States

Subscribe to see more

Subscribe to see more

10

5/25/2021

Client

United States

Subscribe to see more

Subscribe to see more

10

Date

2/3/2022

1/20/2022

6/29/2021

5/26/2021

5/25/2021

Type

Client

Partner

Vendor

Partner

Client

Business Partner

Country

United States

United States

United States

United States

United States

News Snippet

5 healthcare organizations outsourcing RCM

The partnership also will support VillageMD 's efforts to grow from 145 locations to 700 in the next five years , according to R1 RCM .

MarinHealth and Optum Launch New Strategic Relationship to Streamline Administrative Functions and Improve the Patient Experience in Marin County, California

GREENBRAE , Calif. , & EDEN PRAIRIE , Minn. -- -- MarinHealth and Optum today announced a strategic relationship to advance MarinHealth 's operational objectives and support MarinHealth 's continued commitment to providing high-quality , affordable , convenient and accessible care for North Bay residents .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

3

1

10

10

Optum Team

122 Team Members

Optum has 122 team members, including , .

Name

Work History

Title

Status

Byron W. Smith

Viant, and Viant

Founder

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Name

Byron W. Smith

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Work History

Viant, and Viant

Title

Founder

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Status

Current

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Compare Optum to Competitors

Cotiviti Logo
Cotiviti

Cotiviti focuses on improving the financial and quality performance of clients. In healthcare, this means taking in billions of clinical and financial data points, analyzing them, and then helping clients discover ways they can improve efficiency and quality. In addition, Cotiviti supports the retail and life/legal industries with data management and recovery audit services.

ClosedLoop.ai Logo
ClosedLoop.ai

ClosedLoop.ai is an artificial intelligence-based precision health platform that allows users to integrate data from a variety of disparate sources, create AI models to predict health outcomes and support clinical decisions optimized for individual patients, and monitor and aggregate the impact of interventions over time to make decisions for the patients. The company was formerly known as Deep Health Technologies, Inc. and changed its name to ClosedLoop.ai Inc. in 2018. It provides various predictive models that include unplanned hospital admissions, preventable hospitalization, chronic kidney, diseases, and more. The company was founded in 2017 and is based in Austin, Texas.

L
Laguna Health

Laguna is a health, wellness and fitness company that operates digital care platform designed for post-hospitalization recovery. It focuses on data, technology, and live behavioral health experts to shorten recovery times and reduce readmissions. It is based in Tel Aviv, Israel.

Medically Home Logo
Medically Home

Medically Home enables health systems to safely care for their patients at home, across the care continuum, including hospital-level care. Medically Home provides clinical protocols, reimbursement models, platform technology, and fulfillment of all the clinical services required in the home.

Biofourmis Logo
Biofourmis

Biofourmis discovers, develops, and delivers clinically-validated, software-based therapeutics. Biofourmis has built Biovitals, a personalized, AI-powered health analytics platform that predicts clinical exacerbation in advance of a critical event, which is the backbone of its digital therapeutics product pipeline across multiple therapeutic areas, including heart failure, oncology, acute coronary syndrome, COPD, and chronic pain. It serves clients operating in the healthcare sector. The company was founded in 2015 and is based in Boston, Massachusetts.

H
Healthcare Fraud Shield

Healthcare Fraud Shield offers fraud, waste, and abuse (FWA) solutions to healthcare insurance payers. It is based in Chesterfield, Missouri.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.