Renaissance Capital logo

GoHealth Priced, Nasdaq: GOCO

Medicare-focused health insurance marketplace.

Industry: Financials

Latest Trade: $11.13 0.00 (0.0%)

First Day Return: -7.3%

Return from IPO: -47.0%

Industry: Financials

We are a leading health insurance marketplace whose mission is to improve access to healthcare in America. Our proprietary technology platform leverages modern machine-learning algorithms powered by nearly two decades of insurance behavioral data to reimagine the optimal process for helping individuals find the best health insurance plan for their specific needs. Our differentiated combination of a vertically-integrated consumer acquisition platform and highly skilled and trained licensed agents has enabled us to enroll millions of people in Medicare and individual and family plans since our inception. With over 10,000 Americans turning 65 years old every day and GoHealth’s track record of significant growth in net revenues in the Medicare space in the past five years, we believe we will continue to be one of the top choices for unbiased insurance advice to help navigate one of the most important purchasing decisions individuals make. Over the last four years, we have increasingly shifted our focus towards Medicare products and deemphasized individual and family health insurance products. This shift in focus has enabled us to capitalize on strong demographic trends, the increasing proportion of the Medicare-eligible population that is choosing commercial insurance solutions, and an antiquated traditional field agent driven sales process lacking in transparency, choice and convenience and ripe for disruption by digitally-enabled and technology-driven marketplaces like our platform.
more less
IPO News for GoHealth
more
IPO Data
IPO File Date 06/19/2020
Offer Price $21.00
Price Range $18.00 - $20.00
Offer Shares (mm) 43.5
Deal Size ($mm) $914
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 07/14/2020
Offer Price $21.00
Price Range $18.00 - $20.00
Offer Shares (mm) 43.5
Deal Size ($mm) $914
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
more
Company Data
Headquarters Chicago, IL
Founded 2001
Employees 1,857
Website www.gohealth.com