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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.
Social
X
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
Ranked
Annual Revenue
$163B as on Dec 31, 2024
Employee Count
35,563 as on Mar 31, 2026
Investment & Acquisitions
Exit Details
Public

Centene's IPO details

Centene got listed on Dec 14, 2001.
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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:lockFilter 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
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Centene's founders and board of directors

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Centene's employee count trend

Centene has 35,563 employees as of Mar 26. Here is Centene's employee count trend over the years:
Employee count trend for Centene
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Centene
Centene
1984, St. Louis (United States), Public
Contracting, Network Development, Managed Care and Health insurance solutions company
$18M
76/100
2nd
Logo for CZ zorgverzekering
CZ zorgverzekering
1997, Tilburg (Netherlands), Unfunded
Provider of health insurance services
-
-
55/100
3rd
Logo for Menzis
Menzis
2006, Wageningen (Netherlands), Unfunded
Health insurance company
-
-
50/100
4th
Logo for Dsw
Dsw
Netherlands, Unfunded
Provider of health insurance, including basic, additional, travel, and cancellation coverage
-
-
48/100
5th
Logo for Sanitas
Sanitas
1958, Zurich (Switzerland), Unfunded
Health insurance firm
-
-
43/100
6th
Logo for Allianz Care
Allianz Care
2000, Bruxelles (Belgium), Unfunded
Provider of health and medical insurance
-
-
42/100
7th
Logo for Assistencia Sanitaria
Assistencia Sanitaria
1957, Barcelona (Spain), Unfunded
Provider of health insurance services
-
-
41/100
8th
Logo for SDK
SDK
1926, Fellbach (Germany), Unfunded
Provider of private health, accident, and property insurance services
-
-
40/100
9th
Logo for SBK
SBK
2021, Munich (Germany), Unfunded
Provider of health insurance, offering medical, dental, and wellness services
-
-
40/100
10th
Logo for DKV Belgium
DKV Belgium
1964, Brussels (Belgium), Deadpooled
Provider of private health insurance and outpatient and dental coverage
-
-
40/100
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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:lockFilter 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)
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See all investments and acquisitions by Centene

News related to Centene

lockFilter this list
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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FAQs about Centene

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