Devoted Health was founded in 2016 by brothers Todd and Ed Park. Devoted Health has not officially endorsed a plan to participate in an IPO.
Devoted Health is a healthcare startup serving older Americans with a next-generation health plan. Per Forge data, Devoted Health raised $2.1 billion in funding over 6 rounds. Their latest funding was raised on Dec 29, 2023, from a Series E round. Key investors include The Space Between, Stardust Equity, Fearless Ventures, SoftBank Vision Fund, and Venrock.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
08/02/2024 | Series E | $287MM | $xx.xx | $13.03B | The Space Between, Highbury Holdings, GIC, Stardust Equity, Maverick Ventures, Fearless Ventures, Socium Ventures, Emerson Collective, Andreessen Horowitz, The Private Shares Fund, F-Prime Capital Partners, General Catalyst, GreatPoint Ventures, Cox Enterprises, White Road Capital | |
Price per Share
$xx.xx
Shares Outstanding
5,102,195
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
The Space Between, Highbury Holdings, GIC, Stardust Equity, Maverick Ventures, Fearless Ventures, Socium Ventures, Emerson Collective, Andreessen Horowitz, The Private Shares Fund, F-Prime Capital Partners, General Catalyst, GreatPoint Ventures, Cox Enterprises, White Road Capital
|
||||||
10/08/2021 | Series D | $1.23B | $xx.xx | $12.71B | Uprising, Softbank, GIC, Andreessen Horowitz, Premji Invest, Maverick, Frist Cressey Ventures, NextView Ventures, ICONIQ Growth, General Catalyst, Base10 Partners, Emerson Collective | |
Price per Share
$xx.xx
Shares Outstanding
21,929,101
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Uprising, Softbank, GIC, Andreessen Horowitz, Premji Invest, Maverick, Frist Cressey Ventures, NextView Ventures, ICONIQ Growth, General Catalyst, Base10 Partners, Emerson Collective
|
||||||
06/01/2020 | Series C | $380.13MM | $xx.xx | $3.59B | For Good Ventures, Green Sands Equity | |
Price per Share
$xx.xx
Shares Outstanding
21,463,630
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
For Good Ventures, Green Sands Equity
|
||||||
10/16/2018 | Series B | $300MM | $xx.xx | $1.8B | Andreessen Horowitz, Premji Invest, Uprising | |
Price per Share
$xx.xx
Shares Outstanding
29,260,299
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Premji Invest, Uprising
|
||||||
10/06/2017 | Series A | $61.95MM | $xx.xx | $380MM | Venrock, Obvious Ventures, Maverick Ventures, NextView Ventures, F-Prime Capital | |
Price per Share
$xx.xx
Shares Outstanding
28,001,273
Liquidation Pref Order
5
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Venrock, Obvious Ventures, Maverick Ventures, NextView Ventures, F-Prime Capital
|
||||||
05/12/2017 | Series Seed | $5.46MM | $xx.xx | $40MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
23,748,586
Liquidation Pref Order
5
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Undisclosed Investors
|