Centene - About the company
Centene is a public company based in St. Louis (United States), founded in 1984. It operates as a Contracting, Network Development, Managed Care and Health insurance solutions company. Centene has raised $18M in funding. The company has 169 active competitors, including 19 that have exited. Its top competitors include companies like CZ zorgverzekering, Menzis and Dsw.
Company Details
Centene Corporation is a diversified, multi-national healthcare enterprise that provides a portfolio of services to government-sponsored healthcare programs, focusing on under-insured and uninsured individuals. Many receive benefits provided under Medicaid, including the State Children's Health Insurance Program (CHIP), as well as Aged, Blind or Disabled (ABD), Foster Care and Long Term Care (LTC), in addition to other state-sponsored/hybrid programs, and Medicare (Special Needs Plans). The Company operates local health plans and offers a range of health insurance solutions. It also contracts with other healthcare and commercial organizations to provide specialty services including behavioral health management, care management software, correctional healthcare services, dental benefits management, in-home health services, life and health management, managed vision, pharmacy benefits management, specialty pharmacy, and telehealth services. It is a Fortune 500 company.In 2022, the company recorded annual revenues of $146.25B and a net profit of $1.48B.
- Website
- www.centene.com
- Registered Address
- St. Louis, Missouri
Key Metrics
Founded Year
1984
Location
St. Louis, United States
Stage
Public
Total Funding
$18M in 5 rounds
Latest Funding Round
Investors
Ranked
1st among 169 active competitors
Annual Revenue
$163B as on Dec 31, 2024
Employee Count
35,563 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Public
Legal entities associated with Centene
Centene is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CENTENE CORPORATION CIN: 391864073 , Belgium, Active | Dec 26, 999 | - | 2 (As on Dec 31, 2022) | - |
CENTENE CORP CIN: 1071739 , United States, Active | Sep 25, 2001 | $163B (As on Dec 31, 2024) | - | - |
Centene's IPO details
Centene got listed on Dec 14, 2001.
Click here to take a look at Centene's IPO in detail
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Centene's funding and investors
Centene has raised a total funding of $18M over 5 rounds. Its latest funding round was a Post IPO round on Nov 03, 2021 for $*****. 1 investor participated in its latest round. Centene has 6 institutional investors.
Here is the list of recent funding rounds of Centene:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 03, 2021 | 3808839 | Post IPO | 1609790 | 7498345 | 8469681 | 8483757 |
May 23, 2019 | 6275148 | Conventional Debt | 9747733 | 4090257 | 4895262 | 3510708 |
Jul 29, 2016 | 6518332 | Post IPO | 5179703 | 4488966 | 4679458 |
View details of Centene's funding rounds and investors
Centene's founders and board of directors
Founder? Claim ProfileCentene's employee count trend
Centene has 35,563 employees as of Mar 26. Here is Centene's employee count trend over the years:
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Centene's Competitors and alternates
Top competitors of Centene include CZ zorgverzekering, Menzis and Dsw. Here is the list of Top 10 competitors of Centene, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Centene 1984, St. Louis (United States), Public | Contracting, Network Development, Managed Care and Health insurance solutions company | $18M | 76/100 | |
2nd | CZ zorgverzekering 1997, Tilburg (Netherlands), Unfunded | Provider of health insurance services | - | - | 55/100 |
3rd | Menzis 2006, Wageningen (Netherlands), Unfunded | Health insurance company | - | - | 50/100 |
4th | Dsw Netherlands, Unfunded | Provider of health insurance, including basic, additional, travel, and cancellation coverage | - | - | 48/100 |
5th | Sanitas 1958, Zurich (Switzerland), Unfunded | Health insurance firm | - | - | 43/100 |
6th | Allianz Care 2000, Bruxelles (Belgium), Unfunded | Provider of health and medical insurance | - | - | 42/100 |
7th | Assistencia Sanitaria 1957, Barcelona (Spain), Unfunded | Provider of health insurance services | - | - | 41/100 |
8th | Provider of private health, accident, and property insurance services | - | - | 40/100 | |
9th | Provider of health insurance, offering medical, dental, and wellness services | - | - | 40/100 | |
10th | DKV Belgium 1964, Brussels (Belgium), Deadpooled | Provider of private health insurance and outpatient and dental coverage | - | - | 40/100 |
Looking for more details on Centene's competitors? Click here to see the top ones
Centene's Investments and acquisitions
Centene has made 11 investments in companies including Umbrella Center and Hazel. Centene has also acquired 12 companies including WellCare Health Plans and QualChoice.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
May 29, 2024 | Investments | 2017 | Charlotte (United States) | |
Mar 25, 2022 | Investments | 2010 | San Francisco (United States) | |
Sep 28, 2021 | Investments | 2012 | Nashville (United States) |
See all investments and acquisitions by Centene
News related to Centene
Media has covered Centene for a total of 127 events in the last 1 year, 68 of them have been about company updates and 3 about people movement.
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Health Net Invests $3 Million in Sacramento for Affordable Housing and InfrastructurePR Newswire•Apr 15, 2026•Health Net, Centene
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Mangrove Partners IM LLC Invests $1.53 Million in Centene Corporation $CNCMarketBeat•Mar 14, 2026•Mangrove Partners, Centene
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Legal & General Group Plc Acquires 323,473 Shares of Centene Corporation $CNCMarketBeat•Mar 13, 2026•Legal & General, Centene, Aquatic
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South Dakota Investment Council Raises Position in Centene Corporation $CNCMarketBeat•Mar 03, 2026•Centene
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Intech Investment Management LLC Purchases 41,075 Shares of Centene Corporation $CNCMarketBeat•Mar 01, 2026•Intech, Centene
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