Convey Holding Parent Inc.

CNVY

 Our mission is to drive health plan growth and member engagement by leveraging proprietary technology and processes.

Our core values — integrity, teamwork, and regulatory compliance — are the foundation upon which we approach the market. 

Convey Health is a leading healthcare platform that utilizes technology and processes to improve government-sponsored health plans, including Medicare Advantage (“MA”). We are a trusted solutions-oriented partner to payors and deliver purpose-built technology and services to enhance our clients’ mission-critical workflows. Our solutions address health plan needs, including product development and sales, member experience management, clinical management, core operations, business intelligence and analytics. Leveraging our technology and expert advisory services, we serve as a unified and integrated extension of our clients’ core health plan operations. Our proprietary, modular technology and end-to-end solutions replace or supplement our clients’ existing systems and processes, enabling us to help health plans attract and retain members, improve revenue accuracy, drive cost savings, facilitate regulatory compliance, and enhance operational effectiveness. 

Offer Price Offer Size 3-Year Outlook Volatility 1st Day Turnover
$14.00 13,300,000 Positive High 7.34%

Offering Team

Deal Managers

  • Bank of America Merrill Lynch
  • Goldman Sachs
  • J P Morgan Chase

Lawyers

  • Cravath, Swaine & Moore LLP

Auditors

  • PricewaterhouseCoopers LLP

Pre-IPO Investors

Investors

  • Google Ventures
  • Intel Ventures
  • Patricoff Ventures
  • Kleiner Perkins

Pre-IPO Holdings(%)

  • 30
  • 20
  • 05
  • 18

Deal Highlights

Deal Tracker

Investors

Filing

15 Jun, 2021

Offer

16 Jun, 2021

Look Ahead

Lock Up Expiry

16 Dec, 2021

Earning

Nov 1, 2018

IPO Terms

Offer Price $14.00
Offer Size 13M

Market Sentiments

Stock Price