CareFirst - About the company
CareFirst is a funded company based in Baltimore (United States), founded in 1934. It operates as a Provider of healthcare insurance services. CareFirst has raised an undisclosed amount in funding. The company has 883 active competitors, including 14 funded and 64 that have exited. Its top competitors include companies like Humana, UnitedHealth Group and United Healthcare.
Company Details
- Social
- Phone Number
- +1 **********
- Registered Address
- Owings Mills, Maryland
Key Metrics
Founded Year
1934
Location
Baltimore, United States
Stage
Funding Raised
Latest Funding Round
Investors
Ranked
15th among 883 active competitors
Employee Count
6,504 as on Sep 30, 2026
Investment & Acquisitions
Legal entities associated with CareFirst
CareFirst is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
CARE FIRST, INC. CIN: 631238262 , United States, Active | Dec 31, 1999 | - | 150 (As on Dec 31, 2014) | - |
CAREFIRST, INC. CIN: 522069215 , United States, Active | Dec 26, 999 | - | 6286 (As on Dec 31, 2024) | - |
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CareFirst's funding and investors
CareFirst has raised funding over 2 rounds. Its first funding round was on Jun 29, 2012. Its latest funding round was a Grant (prize money) round on Jul 01, 2013 for $*****. 1 investor participated in its latest round. CareFirst has 2 institutional investors.
Here is the list of recent funding rounds of CareFirst:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 01, 2013 | 1773198 | Grant (prize money) | 5815998 | 4196663 | 7692056 | 2951133 |
Jun 29, 2012 | 2305559 | Grant (prize money) | 4122595 | 7352313 | 8493871 |
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CareFirst's founders and board of directors
Founder? Claim ProfileCareFirst's employee count trend
CareFirst has 6,504 employees as of Sep 26. Here is CareFirst's employee count trend over the years:
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CareFirst's Competitors and alternates
Top competitors of CareFirst include Humana, UnitedHealth Group and United Healthcare. Here is the list of Top 10 competitors of CareFirst, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Humana 1961, Louisville (United States), Public | Provider of health insurance services | - | 72/100 | |
2nd | UnitedHealth Group 1977, Minneapolis (United States), Public | Provider of health care services, pharmacy benefits, and financial accounts | - | 71/100 | |
3rd | United Healthcare 1977, Atlanta (United States), Funding Raised | Health insurance plans delivering quality coverage and caring support | - | 69/100 | |
4th |  Kaiser Permanente 1945, United States, Funding Raised | Provider of integrated healthcare services and coverage platform | - | 67/100 | |
5th | Anthem 1940, Indianapolis (United States), Funding Raised | Provider of health insurance services | - | 67/100 | |
6th | WellCare Health Plans 1985, Tampa (United States), Acquired | Government-sponsored health care coverage to consumers | - | 67/100 | |
7th |  Priority Health 1986, Grand Rapids (United States), Acquired | Michigan health insurance provider offering diverse plans and award-winning customer care | - | 64/100 | |
8th |  BCBSIL 1936, Chicago (United States), Unfunded | Provider of an online teleconsultation platform for multiple diseases | - | - | 64/100 |
9th | Aetna 1853, Hartford (United States), Acquired | Healthcare company | - | 62/100 | |
10th | EmblemHealth 2006, New York City (United States), Funding Raised | Health insurance company | - | - | 59/100 |
15th |  CareFirst 1934, Baltimore (United States), Funding Raised | Provider of healthcare insurance services | - | 55/100 |
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CareFirst's Investments and acquisitions
CareFirst has made 3 investments including BabyLiveAdvice, Healthways and Best Doctors. CareFirst has not made any acquisitions as of now.Here is the list of its investments:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Sep 13, 2022 | Investments | 2016 | Calabasas (United States) | |
Oct 02, 2013 | Investments | 1981 | Franklin (United States) | |
2010 | Investments | 1989 | Boston (United States) |
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Here is the latest report on CareFirst's sector:
News related to CareFirst
Filter this listMedia has covered CareFirst for 1 event in last 1 year, It was about company updates.
•
CareFirst BlueCross BlueShield Community Health Plan Maryland Announces Comprehensive BenefitsCareFirst•Jun 14, 2026•CareFirst
•
Culina Health raises nearly $8M in Series A fundingNJBIZ•Dec 19, 2024•Culina Health, Rethink Impact, Collab Capital, Collide and 6 others
•
Techstars, Johns Hopkins University, and CareFirst BlueCross BlueShield to Bring Healthcare AI Accelerator to BaltimoreBusiness Wire•Aug 23, 2024•Techstars, Johns Hopkins University, CareFirst
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Techstars launches new AI healthcare accelerator in BaltimoreTechnical.ly•Aug 23, 2024•Techstars, Johns Hopkins University, CareFirst, CareFirst
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Kins Raises $7M in Series A FundingFinSMEs•Jul 16, 2024•Kins, Healthworx, Redesign Health, W Health Ventures and 2 others
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Helping patients manage chronic conditions, Better Health raises $14MVator•Jun 13, 2024•Better Health Technologies, Healthworx, Mosaic General Partnership, CareFirst and 6 others
•
Scene Health and CareFirst Expand Partnership for Medicaid MembersBusiness Wire•Mar 21, 2024•CareFirst, Scene
•
Scene Health Secures $17.7 Million Series B Financing Led by ABS Capital PartnersBusiness Wire•Apr 12, 2023•Scene, ABS Capital, Claritas Health Ventures, Healthworx and 3 others
•
Class Certification in CareFirst Lawsuit Denied by District Court JudgeHealthcare Facilities Today•Apr 05, 2023•CareFirst
•
CareFirst BlueCross BlueShield and Aledade Forge Strategic Alliance in a Win for Value-Based CareGlobeNewswire•Mar 07, 2023•CareFirst, Aledade, CareFirst
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