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

Devoted Health Funding — Last Valued at $12.6B

Private

Devoted Health has raised $1.9B across 6 funding rounds. The company is valued at $12.6B (post-money).

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Devoted Health funding · at a glance
Total raised, all rounds
$1.9B
some round sizes not disclosed
Funding rounds
6
priced rounds
Latest round
Jan 2026
Jan 2026
Lead on that event
The Space Between
Also participated: GV, VZVC, Morgan Health, Franklin Venture Partners, VanEck, MIG Private Equity, Cox Enterprises, Premji Invest, The Private Shares Fund, NextView Ventures, Highbury, Emerson Collective, Andreessen Horowitz, BRONZE, Stardust Equity, General Catalyst, Frist Cressey Ventures, Fearless Ventures
2026
About Devoted Health

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.

Funding timeline

The Devoted Health funding timeline

6 funding rounds, the latest highlighted.

2017
Devoted Health founded

Devoted Health was founded in 2017, United States.

OCT 2018
Series B at $1.8B post-money

A primary round — the company sells new shares to investors it selects. $300M raised, led by Andreessen Horowitz.

Valuation basispost-moneyAmount$300MPrice / shareLeadAndreessen Horowitz
OCT 2021
Funding round at $12.6B post-money

A primary round — the company sells new shares to investors it selects. $1.1B raised, led by Uprising, SoftBank Vision Fund 2.

Valuation basispost-moneyAmount$1.1BPrice / shareLeadUprising, SoftBank Vision Fund 2
DEC 2023
Series E at $12.9B post-money

Andreessen Horowitz, General Catalyst, GreatPoint Ventures, Socium Ventures, Emerson Collective, The Private Shares Fund, F-Prime Capital Partners. Led by The Space Between, Highbury Holdings, GIC, Stardust Equity, Maverick Ventures, Fearless Ventures.

Valuation basispost-moneyAmountPrice / shareLeadThe Space Between, Highbury Holdings, GIC, Stardust Equity, Maverick Ventures, Fearless Ventures
AUG 2024
Series E extension

The Space Between (TSB), Cox Enterprises, Inc., White Road Capital. $112M raised.

Valuation basisAmount$112MPrice / shareLead
NOV 2025
Series F

A primary round — the company sells new shares to investors it selects. $48M raised, led by The Space Between.

Valuation basisAmount$48MPrice / shareLeadThe Space Between
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Devoted Health funding rounds in full

6 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series F-Prime LATEST
Jan 2026
$317M
—
—
The Space Between, Centricus
Also participated: GV, VZVC, Morgan Health, Franklin Venture Partners, VanEck, MIG Private Equity, Cox Enterprises, Premji Invest, The Private Shares Fund, NextView Ventures, Highbury, Emerson Collective, Andreessen Horowitz, BRONZE, Stardust Equity, General Catalyst, Frist Cressey Ventures, Fearless Ventures
Series F
Nov 2025
$48M
—
—
The Space Between
—
Series E extension
Aug 2024
$112M
—
—
—
The Space Between (TSB), Cox Enterprises, Inc., White Road Capital
Series E
Dec 2023
—
$12.9Bpost-money
—
The Space Between, Highbury Holdings, GIC, Stardust Equity, Maverick Ventures, Fearless Ventures
Andreessen Horowitz, General Catalyst, GreatPoint Ventures, Socium Ventures, Emerson Collective, The Private Shares Fund, F-Prime Capital Partners
Funding round
Oct 2021
$1.1B
$12.6Bpost-money
—
Uprising, SoftBank Vision Fund 2
—
Series B
Oct 2018
$300M
$1.8Bpost-money
—
Andreessen Horowitz
—
Devoted Health · investors

Investors

TThe Space BetweenLEADCCentricusLEADHHighbury HoldingsLEADGGICLEADSStardust EquityLEADMMaverick VenturesLEADFFearless VenturesLEADUUprisingLEADSSoftBank Vision Fund 2LEADAndreessen HorowitzLEADAAnn Lamont

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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