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DEVOTED HEALTH
Devoted Health
Healthcare (Medicare Advantage health plans) · Waltham, Massachusetts · United States · Founded · 2017 · ≈ · 2,020 · employees

Devoted Health Company Profile

Private

Devoted Health is a private company building in healthcare (medicare advantage health plans), founded in 2017. Investors last valued the company at $12.6B. Its shares do not trade on a public exchange.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Devoted Health at a glance
Last valuation
$12.6B
POST-MONEY · OCT 2021
Raised across rounds
$1.9B
6 rounds
IPO status
Private
no listing announced
Nearest Canborsa market
SP500—
SP500-PERP · live
Valuation history

Devoted Health valuation history

3 valuations. The latest, $12.9B post-money, was set by the Series E in Dec 2023.

$12.6B
Oct 2018
$1.8B
Series B · post-money
Oct 2021
$12.6B
Funding round · post-money
+600% vs prior valuation
Dec 2023
$12.9BLATEST
Series E · post-money
+2% vs prior valuation
Latest valuation
$12.9Bpost-money
Set by the Series E · 29 Dec 2023
×7.2since the $1.8B Series B in Oct 2018
Valuations
3
Priced rounds with a valuation
Event type
Primary round
The Series E
Funding history

Devoted Health funding rounds — every disclosed raise

Round
Date
Amount
Valuation
Lead investors
Δ valuation
Series B
Oct 2018
$300M
$1.8B
Andreessen Horowitz
—
Funding round
Oct 2021
$1.1B
$12.6B
Uprising, SoftBank Vision Fund 2
+600.0%
Series E
Dec 2023
—
$12.9B
The Space Between, Highbury Holdings, GIC, Stardust Equity, Maverick Ventures, Fearless Ventures
+2.1%
Series E extension
Aug 2024
$112M
—
—
—
Series F
Nov 2025
$48M
—
The Space Between
—
Series F-Prime
Jan 2026
$317M
—
The Space Between, Centricus
—
Devoted Health · investors

Investors

TThe Space BetweenLEADCCentricusLEADHHighbury HoldingsLEADGGICLEADSStardust EquityLEADMMaverick VenturesLEADFFearless VenturesLEADUUprisingLEADSSoftBank Vision Fund 2LEADAndreessen HorowitzLEADAAnn Lamont
Will Devoted Health IPO?
Founded
2017
Oct 2018
Series B · $1.8B
Jan 2026
Series F-Prime
IPO
Not announced
No filing has been made.
Devoted Health — the private market
Last valuation$12.6B · post-money · Oct 2021
Total raised$1.9B
Lead investors
The Space BetweenCentricusHighbury HoldingsGIC
IPO statusNot announced
Founded · HQ2017 · Waltham, Massachusetts · United States
Employees≈ 2,020
Next price updatethe next funding round or secondary sale
Between roundsno daily price and no order book
About Devoted Health

Devoted Health is a Waltham, Massachusetts healthcare company founded in 2017 by brothers Todd and Ed Park to sell Medicare Advantage plans that pair insurance with a technology and care platform. The company offers plans in 29 states with monthly premiums starting at $0, covering hospital and medical care alongside dental, vision, hearing, prescription drugs and fitness benefits, and it assigns members a personal Member Service Guide reachable by phone. Devoted Health serves more than half a million members through a team that has grown past 2,000 people.

Devoted Health has been valued at $12.6 billion, according to a public list of unicorn startups, though no specific investors or funding round are named for that figure.

The money screen · ranked by accessibility

How to get Devoted Health exposure today

1Funds that hold private namesPublic wrappers

Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Devoted Health.

Often trade at a premium or discount to NAV.

Any brokerage account
2Secondary marketplacesPrivate shares

Platforms match existing holders with buyers. Devoted Health availability at any moment is set by the holders.

High minimums, transfer approval, company right-of-first-refusal.

Accredited only
3Follow the companyCompanies directory

Valuations, rounds and IPO status for every company in the directory — Devoted Health included.

No account needed

Devoted Health stock — frequently asked questions

Who are Devoted Health's competitors?›

The closest healthcare (medicare advantage health plans) peers are on the competitors page.

How can I get exposure to Devoted Health?›

The routes section explains what is realistically available for a company at this stage.

Is Devoted Health publicly traded?›

No. Devoted Health is a private company; its shares do not trade on a public exchange.

What is Devoted Health's valuation?›

The last valuation is $12.6B.

Who has invested in Devoted Health?›

Lead investors for each round are in the funding timeline.

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