Insurtech Magazine September 2023 | Page 37

Devoted Health

“Devoted Health ’ s mission is to improve the health and well-being of older Americans ”

Devoted Health

US $ 12.6bn
Valued at US $ 12.6bn , Devoted Health is one of the US ’ largest Medicare providers , offering plans tailored to seniors . With offerings available to providers and brokers too , Devoted Health ’ s mission is to improve the health and well-being of older Americans . In addition , the company offers tools to help its members navigate healthcare systems with personal guides , leveraging the latest technology to enable a simplified experience for members . Partnering with the best providers , Devoted Health is able to drive greater health outcomes for its members .
The Medicare provider raised US $ 2bn in total funding across five rounds since its inception , most recently securing a US $ 1.2bn Series D round with lead investment from SoftBank Vision Fund and Uprising Ventures .
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