Alphabet-Backed Clover Health Eyeing 23.6% Revenue Growth in 2018
Alphabet-backed (GOOGL) healthcare insurance startup Clover Health is looking to grow its revenues by 23.6% to $330 million in 2018, as it expands beyond its New Jersey initial footprint. In a recent interview with Bloomberg, Clover co-founder and chief executive officer Vivek Garipalli revealed that the startup suffered a $22-million loss in 2017. Clover is looking to control costs more efficiently this year, even as it invests in more growth.