Devoted Health
Latest round
- —
Last raised
- Nov 2026
Total raised
- $3.1B
Investors
- 44
About Devoted Health
Founded in 2017 and based in Waltham, MA, Devoted Health, Inc. specializes in Medicare Advantage plans that integrate comprehensive healthcare services with a focus on affordability and support for its members. The company was co-founded brother Todd and Ed Park. In January 2026, Devoted Health, Inc. Devoted Health specializes in Medicare Advantage plans that integrate comprehensive healthcare services with an emphasis on affordability and member support. Their primary offerings include a range of benefits such as dental and eyewear coverage, prescription drug coverage, gym memberships, and access to a dedicated customer service team known as Devoted Guides. These plans are designed to address the specific healthcare needs of seniors and chronically ill individuals, enabling them to manage their health effectively while minimizing out-of-pocket expenses. Devoted Health serves a diverse client base across several geographical markets in the United States, focusing particularly on areas with significant populations of Medicare-eligible individuals. This strategic targeting allows the company to deliver tailored healthcare solutions that enhance the quality of life for its members. Devoted Health, Inc. generates revenue through its Medicare Advantage plans, where members typically pay monthly premiums that may start at USD 0. The business operates on a direct-to-consumer model, providing services to individuals rather than through retail or wholesale partnerships. Revenue is structured around the enrollment of members in these plans, which include a variety of supplemental benefits aimed at improving overall health outcomes. Clients access services through a streamlined process that ensures coverage for healthcare needs while benefiting from additional amenities such as the Food & Home Card and gym memberships. As a result, the company is positioned to foster long-term relationships with its members, enhancing its revenue potential through expanded enrollment and member retention. Devoted Health, Inc. is focused on expanding its product offerings and enhancing service delivery. The company plans to introduce new Medicare Advantage plans designed to meet the evolving needs of its members. Additionally, Devoted Health is looking to enter new geographic markets across the United States to better serve Medicare-eligible individuals.
Who invested in Devoted Health
44 investors across 10 rounds
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Funding rounds
Round
Nov 6, 2026
Amount
$555M
Investors
Series F
Jan 31, 2026
Amount
$317M
Investors
Series F
Nov 30, 2025
Amount
$48M
Investors
Series E
Jul 19, 2024
Amount
$113M
Investors
Series E
Dec 15, 2023
Amount
$175M
Investors
Series D
Sep 17, 2021
Amount
$1.1B
Investors
Series C
Apr 10, 2020
Amount
$380M
Investors
Series B
Sep 12, 2018
Amount
$300M
Investors
Series A
Oct 6, 2017
Amount
$62M
Investors
Seed
May 12, 2017
Amount
$5.2M
Investors
Questions about Devoted Health
Who invested in Devoted Health?
Devoted Health has 44 investors on record across 10 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Devoted Health raised?
Devoted Health has raised 10 venture rounds. Sign up free to see how much each round raised and the total.
What does Devoted Health do?
Founded in 2017 and based in Waltham, MA, Devoted Health, Inc.
Where is Devoted Health headquartered?
Devoted Health is headquartered in Waltham, US.
Which VCs invest in companies like Devoted Health?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Devoted Health's stage. Their profiles are linked below.
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