| Founded | 2011 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Healthtech |
| Total raised | $600M |
| Collapse type | Slow Death |
| Founder | Frank Williams, Tom Peterson |
Evolent Health
"The value-based care infrastructure company that went public at $2.4B and spent a decade losing money"
Years-long decline before final shutdown
Key Events Timeline
Evolent Health was founded in 2011 by UPMC and The Advisory Board Company to help health systems transition to value-based care models.
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