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.

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Can you invest in Devoted Health pre-IPO?

Devoted Health is a privately held company and is not publicly traded, therefore investing in Devoted Health pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.

Can you sell shares of Devoted Health before it goes public?

You can seek to sell your shares in Devoted Health while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

What is the pre-IPO value of my Devoted Health shares?

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Is Devoted Health a publicly traded company?

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To learn more about Devoted Health potential IPO

Will Devoted Health go IPO?

Devoted Health has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Devoted Health’s IPO price?

The Devoted Health IPO price does not exist at this time, as Devoted Health is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Devoted Health register for Forge Markets, today.

When was Devoted Health founded?

Devoted Health was founded in 2017.

What is Devoted Health funding to date?

Devoted Health has raised $2.27B to date.

Who are Devoted Health’s major investors?

Highbury Holdings
Nextview Ventures
Emerson Collective
Formica Capital
Greatpoint Ventures
O’Reilly Alphatech Ventures
Uprising
The Private Shares Fund
F-Prime Capital Partners
Capital Factory
Andreessen Horowitz
Green Sands Equity
Gic
Base10 Partners
K2 Global
The Space Between
Stardust Equity
Maverick Ventures
Cox Enterprises
Dreamers Vc
Uprising Ventures
For Good Ventures
Rogue Insight Capital
Startup Health
Iconiq Growth
Impactassets
Kapor Capital
Premji Invest
Old Well Partners
Softbank
Obvious Ventures
Socium Ventures
General Catalyst
Frist Cressey Ventures
F-Prime Capital
The Rockcreek Group
Venrock
Undisclosed Investors
Maverick
Bronze Vc
Fearless Ventures
White Road Capital
Seek Ventures
Softbank Investment Advisers
Jaws Ventures

Devoted Health Funding Rounds and Valuation

Funding History Chart
Funding Round Details
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
Updated on: Nov 17, 2024

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