Devoted Health was founded in 2016 by brothers Todd and Ed Park. The company has not officially endorsed a plan to participate in an IPO.
Devoted Health is a health care startup serving older Americans with a next generation health plan. The company has raised approximately $370 million in Venture Capital funding from investors including Andreessen Horowitz, CLF Partners, Dreamers VC, Frist Cressey Ventures, K2 Global, Uprising, F-Prime Capital, Maverick Ventures, NextView Ventures, and Venrock. Per company press releases, Devoted Health last raised $300 million in October 2018 at a post-money valuation of approximately $1.8 billion.