When was Elevance Health founded?

Elevance Health was founded in 2004.

Where is Elevance Health located?

Elevance Health is headquartered in Indianapolis, United States.

Who is the current CEO of Elevance Health?

Robert Galle of Elevance Health.

How many employees does Elevance Health have?

As of Aug 31, 2026, the latest employee count at Elevance Health is 44065.

How much is Elevance Health worth?

The last known valuation of Elevance Health was $***** as of Apr 26, 2026.

What is the annual revenue of Elevance Health?

Annual revenue of Elevance Health is more than $1B as on Dec 31, 2025

Where does Elevance Health rank among its competitors?

Elevance Health ranks 12th amongst 186 active competitors, of which 31 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Alan, which secured an undisclosed amount in Jun, 2026.

Who are the top competitors of Elevance Health?

Elevance Health's top competitors include Oscar, Alan and Navi. Among them, Alan secured the most recent funding round in June, 2026.

Elevance Health - 2026 Company Profile, Team, Funding, Competitors & Financials

Elevance Health is an acquired company based in Indianapolis (United States), founded in 2004. It operates as an Internet first health insurance provider offering healthcare plans. , with last known valuation of $*****. The company has 186 active competitors, including 31 funded and 17 that have exited. Its top competitors include companies like Oscar, Alan and Navi.

Company Details

Internet first health insurance provider offering healthcare plans. It offers a comprehensive suite of commercial, Medicare, and Medicaid plans that focus on whole health and its drivers to help improve outcomes for employers, individuals, families, and communities.

Website: www.elevancehealth.com
Social
Email ID: *****@elevancehealth.com
Phone Number: +1 **********

Key Metrics

Founded Year

2004

Location

Indianapolis, United States

Stage

Acquired

Last Known Valuation

$***** as on Apr 26, 2026

Investors

Triodos Investment Management

Ranked

12^th among 186 active competitors

Annual Revenue

$1B+ as on Dec 31, 2025

Employee Count

44,065 as on Aug 31, 2026

Investment & Acquisitions

Granular Insurance & 4 more

Similar Companies

Alan & 49 more

Exit Details

Acquired by University Health Plans (Sep 25, 2024)

View Elevance Health's full profile

Elevance Health is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Carelon Global Solutions India Llp CIN: AAL-0928 , India, Active	Nov 09, 2017	₹1,000+ Cr (As on Mar 31, 2025)	15071 (As on Apr 01, 2026)
Elevance Health, Inc. CIN: 1156039 , United States, Active	Oct 29, 2001	$1B+ (As on Dec 31, 2025)	3 (As on Dec 31, 2021)	-

Elevance Health got acquired by University Health Plans on Sep 25, 2024.

Click here to take a look at Elevance Health's acquisition in detail

Elevance Health is a funded company. Elevance Health has 1 institutional investor.

View details of Elevance Health's funding rounds and investors

Elevance Health's employee count trend

Elevance Health has 44,065 employees as of Aug 26. Here is Elevance Health's employee count trend over the years:

Employee count trend for Elevance Health

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Top competitors of Elevance Health include Oscar, Alan and Navi. Here is the list of Top 10 competitors of Elevance Health, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Oscar 2012, New York City (United States), Public	Provider of health insurance plans offering virtual and in-person medical care	$1.63B	Founders Fund, Fidelity Investments & 47 others	81/100
2nd	Alan 2016, Paris (France), Series G	Platform offering health insurance, preventative care, and related well-being services	$863M	Index Ventures, Dragoneer Investment Group ... & 30 others	80/100
3rd	Navi 2012, Bengaluru (India), Series B	Provider of financial products including UPI, loans, insurance, and mutual funds	$445M	Gaja Capital, NDX Financial Services & 39 others	73/100
4th	Even 2020, Bengaluru (India), Series A	Provider of health insurance plans with outpatient and hospitalization coverage	$72.5M	Khosla Ventures, Blu Acquario Prima & 54 others	71/100
5th	Angle 2019, San Francisco (United States), Series B	Provider of technology-enabled health insurance plans for employers and employees	$196M	Portage, Blumberg Capital & 18 others	70/100
6th	Anthem 1992, Indianapolis (United States), Public	Provider of health benefits management software for patients and enterprises	-	JANA Partners, Athyrium Capital Management ... & 4 others	70/100
7th	Clover Health 2014, Jersey City (United States), Series E	Provider of medicare advantage plans and related services	$938M	Greenoaks, Sequoia Capital & 38 others	69/100
8th	Sidecar Health 2018, El Segundo (United States), Series D	Online health insurance platform for individuals and businesses	$328M	Cathay Innovation, Morpheus Ventures & 18 others	69/100
9th	Devoted Health 2017, Eagan (United States), Series F	Provider of healthcare insurance plans for individuals	$2.62B	Maverick Ventures, F-Prime Capital & 44 others	68/100
10th	Kenko Health 2019, Mumbai (India), Series A	Health insurance platform for individuals	$13.7M	Peak XV Partners, Beenext & 28 others	65/100
12th	Elevance Health 2004, Indianapolis (United States), Acquired	Internet first health insurance provider offering healthcare plans	-	Triodos Investment Management	63/100

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Elevance Health has not made any investments yet. Elevance Health has made 5 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Feb 06, 2025	Acquisition	Granular Insurance	2020	Philadelphia (United States)
Jan 04, 2024	Acquisition	Paragon Healthcare	2002	Dallas (United States)
Feb 15, 2023	Acquisition	BioPlus Specialty Pharmacy	1989	Altamonte Springs (United States)

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Here is the latest report on Elevance Health's sector:

Free

Healthcare Payer Tech - Sector Report

Edition: July, 2026 (71 Pages)

View all reports related to Elevance Health

Media has covered Elevance Health for a total of 108 events in the last 1 year, 87 of them have been about company updates and 3 about people movement.