Devoted Health
Founded Year
2017Stage
Series E - II | AliveTotal Raised
$2.256BLast Raised
$112M | 1 yr agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+9 points in the past 30 days
About Devoted Health
Devoted Health focuses on providing medicare advantage plans. Its offerings include healthcare coverage with benefits such as dental, eyewear, gym memberships, and support for medication needs. The company primarily serves the older American population seeking Medicare-related health services. It was founded in 2017 and is based in Waltham, Massachusetts.
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ESPs containing Devoted Health
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The digital health insurance providers market refers to insurtech companies that provide private health insurance plans. Companies in this market often focus on providing distinguished value propositions — like telehealth and preventative care services, direct pay capabilities, or member navigation apps. Digital health insurance providers go beyond just the insurance sales process, and some of the…
Devoted Health named as Challenger among 13 other companies, including Collective Health, Oscar, and Acko.
Devoted Health's Products & Differentiators
Devoted Health Plans
Devoted Health built its Medicare Advantage health insurance plans from scratch. Its plan is purpose-built and optimized from inception to deliver and scale value-based payment and care, creating a better healthcare experience for seniors and their providers.
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Research containing Devoted Health
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Devoted Health in 7 CB Insights research briefs, most recently on Nov 14, 2024.
Nov 14, 2024 report
State of Insurtech Q3’24 Report
Feb 23, 2024
The B2C US insurtech market map
Feb 9, 2024 report
State of Insurtech 2023 Report
Jan 25, 2024 report
State of Digital Health 2023 Report
Expert Collections containing Devoted Health
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Devoted Health is included in 7 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,276 items
Insurtech
3,347 items
Companies and startups that use technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Digital Health 50
300 items
The most promising digital health startups transforming the healthcare industry
Value-Based Care & Population Health
893 items
The VBC & Population Health collection includes companies that enable and deliver care models that address the health needs for defining populations along the continuum of care, including in the community setting, through participation, engagement, and targeted interventions.
Fintech
9,653 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Digital Health
11,408 items
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
Latest Devoted Health News
May 30, 2025
May has seen a slew of executive hires, exits and layoffs across the healthcare industry. For example, the American Medical Association and TigerConnect named new CEOs, and Google and UnitedHealth Group have seen key executives leave their roles. There were also layoffs at organizations including Devoted Health and New York-Presbyterian. The post Healthcare Moves: A Monthly Summary of Hires, Exits and Layoffs appeared first on MedCity News.
Devoted Health Frequently Asked Questions (FAQ)
When was Devoted Health founded?
Devoted Health was founded in 2017.
Where is Devoted Health's headquarters?
Devoted Health's headquarters is located at 221 Crescent Street, Waltham.
What is Devoted Health's latest funding round?
Devoted Health's latest funding round is Series E - II.
How much did Devoted Health raise?
Devoted Health raised a total of $2.256B.
Who are the investors of Devoted Health?
Investors of Devoted Health include The Space Between, White Road Investments, Cox Enterprises, Andreessen Horowitz, GIC and 22 more.
Who are Devoted Health's competitors?
Competitors of Devoted Health include NeueHealth and 8 more.
What products does Devoted Health offer?
Devoted Health's products include Devoted Health Plans and 2 more.
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Compare Devoted Health to Competitors
UnitedHealthcare is a health insurance company that offers various health plans and services, including Medicare Advantage, Medicaid, individual and family plans, dental, vision, and supplemental insurance options. UnitedHealthcare primarily sells to individuals, families, and employers seeking health insurance. UnitedHealthcare was formerly known as Bind. It was founded in 1974 and is based in Hopkins, Minnesota.
Alignment Health operates as a health insurance provider focused on offering Medicare plans. The company provides on-demand access to healthcare services, including in-person, in-home, and mobile device consultations, along with a range of all-inclusive benefits for its members. The company primarily serves the Medicare beneficiaries sector. It was founded in 2013 and is based in Orange, California.
NeueHealth operates within the medical sector, providing care through its owned and affiliated clinics. It offers arrangements and tools for independent providers and medical groups, focusing on performance and population health. It serves health consumers, providers, and payors in the healthcare industry. It was formerly known as Bright Health Group. It was founded in 2015 and is based in Minneapolis, Minnesota.
HPOne operates within the healthcare sector, focusing on health insurance and Medicare plans. The company provides sales, marketing, and member outreach services to facilitate the management of Medicare and health insurance members. It was founded in 2006 and is based in Trumbull, Connecticut.
Blue Cross and Blue Shield of North Carolina is a health insurance provider offering individual and family health insurance plans, Medicare, dental, and vision options, as well as plans for small and large employers. It was founded in 1933 and is based in Durham, North Carolina.
Carelon is a healthcare services company focused on delivering whole-person care across various domains within the healthcare industry. The company offers integrated care models, digital tools, and services that address physical, mental, social, and economic health factors, aiming to simplify healthcare experiences, improve outcomes, and manage costs. Carelon's solutions are designed to support individuals with complex health conditions, provide behavioral health management, and facilitate primary and palliative care, alongside pharmacy services and medical benefits management. It was founded in 2017 and is based in Morristown, New Jersey.
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