Medicare Advantage insurer Devoted Health raises $1.2B to accelerate growth and expand senior member enrollment.
PRIVATEOct 01, 2026
Amount Raised
$1.2 Billion
Round Type
Venture
WalthamOtherHealth Care
Description
Devoted Health, a Medicare Advantage insurer and medical group, announced $1.2 billion in fresh funding. The capital infusion comes as the company has enrolled hundreds of thousands of new senior members. The funding will support the company's growth initiatives and expansion efforts. Devoted Health operates in the health insurance and medical services sector.
Company Information
Company
Devoted Health
Location
Waltham, Massachusetts, United States
About
Devoted Health is an all-in-one healthcare company on a mission to dramatically improve the health and well-being of older Americans by caring for every person like family. Devoted Health's Medicare Advantage plans are packed with benefits you can actually use and savings you'll actually get. Founded in 2017 by brothers Todd and Ed Park.
Fundz sees it the moment Devoted Health raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
WalthamOtherHealth Care