Devoted Health raised $112M in a Series E funding round led by Cox Enterprises to support its growth in the insurtech sector.
Aug 09, 2024•about 1 year ago
Amount Raised
$112 Million
Round Type
series e
Investors
White Road CapitalThe Space BetweenCox Enterprises
Description
Insurtech company Devoted Health has secured an additional $112 million in its Series E funding round. This follows a previously announced $175 million raised in December, aimed at enhancing its services in the healthcare sector.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech