Devoted Health Stock

devoted.comHealthcare / Healthcare providers & servicesFounded: 2017Funding to Date: $2.27B

Devoted Health is a healthcare company geared toward the member. The company focuses on providing high-quality healthcare services to seniors in the United States through a combination of Medicare Advantage plans and personalized healthcare guidance. Devoted Health was founded by Ed Park, Tabreez Verjee, Todd Park, and Dr. William Frist in 2017 and is headquartered in Eagan, Minnesota.

Register To Buy and Sell Private Company Shares

For more details on private stock price information, financing and valuation for Devoted Health, register or login.
Please provide a valid email address.

By registering, you agree to Forge’s Terms of Use. Already registered? Log in

Private Market Pricing DetailsValuation & Financings

Devoted Health Stock Price

Forge Price 1
Price not yet available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

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

Devoted Health investors also invested in these private companies

Highbury Holdings
Formica Capital
O’Reilly Alphatech Ventures
The Private Shares Fund
F-Prime Capital Partners
The Space Between
Stardust Equity
Rogue Insight Capital
Old Well Partners
Socium Ventures
The Rockcreek Group
Fearless Ventures
White Road Capital
Seek Ventures

Leadership & Board

Leadership

Bradley Yale
Chief Financial Officer
Shannon O'Kane
Chief Compliance Officer & Medicare Compliance Officer
William Cowan JD
Chief Legal & External Affairs Officer
Todd Park
Co-Founder
Ed Park
Co-Founder & Chief Executive Officer
Jeremy Delinsky
Chief Operating Officer
Jack Nye
Chief Technology Officer
Nancy Go
Chief Marketing Officer
Leslie Brunner
Chief People Officer
Michael Nochomovitz Ph.D
Chief Clinical Partnerships Officer
Monna Nanavati
Chief Experience Officer
Neil Wagle
Chief Medical Officer

Board

Tabreez Verjee
Uprising Ventures
Vijay Pande Ph.D
Andreessen Horowitz
Bryan Roberts Ph.D
Venrock
DJ Patil Ph.D
Venrock
Robert Kocher MD
Venrock
William Frist MD
Frist Cressey Ventures

Devoted Health stock FAQs

plusminus

Can you buy Devoted Health stock?

As Devoted Health is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Devoted Health, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
plusminus

How to buy Devoted Health stock?

To invest in a private company like Devoted Health through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
plusminus

Can you sell Devoted Health stock?

Yes, you may sell the Devoted Health stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
plusminus

How to sell Devoted Health stock?

If you hold private company shares of Devoted Health – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Devoted Health on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
plusminus

Is Devoted Health a public company?

No, Devoted Health is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
plusminus

What is Devoted Health’s stock price?

Devoted Health is a privately held company and therefore does not have a public stock price. However, you may access Devoted Health private market stock price with Forge Data.
plusminus

What is Devoted Health’s stock ticker symbol?

Devoted Health does not have an official ticker symbol because this company is not currently publicly traded.
plusminus

Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Devoted Health’s news and media highlights

Devoted Health, an all-in-one healthcare company for Medicare beneficiaries, today announced that it has completed a $287 million Series E funding round with $112 million funded in closings during 2024 in addition to the $175 million of funding closed in December 2023. Participating in the 2024 closings are investors dedicated to Devoted’s mission to dramatically improve the health and well-being of older Americans by caring for every person like family, including The Space Between (TSB), Cox Enterprises, Inc., and White Road Capital.
Tech-enabled Medicare Advantage startup Devoted Health is closing out 2023 with $175 million in fresh funding, marking one of the largest funding rounds of the year. The series E round was led by a lead syndicate composed of The Space Between (TSB), Highbury Holdings, GIC, Stardust Equity, Maverick Ventures, and Fearless Ventures, according to a company press release.
Devoted Health's net loss widened in the first six months of the year, even as it grew its top line.
Founded in 2017, Devoted Health is aiming to make a mark in the lucrative, but competitive Medicare Advantage market.
Updated on: Nov 17, 2024

PLEASE READ THESE IMPORTANT LEGAL NOTICES & DISCLOSURES

1. Forge Price™ is a custom data-point calculated and disseminated by Forge Data LLC (“Forge Data”) and is a mark of Forge Data. Forge Price may rely on a very limited number of inputs in its calculation. Forge Price is prepared and disseminated solely for informational purposes. Redistribution is permitted solely with Forge’s written consent. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of Forge Price, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of Forge Price. Forge Price is derived from secondary activity on the Forge platform and other private market trading platforms, and other publicly-available datapoints collected by Forge.  Forge Price is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Neither reference to company names, nor calculation of Forge Price for a specific company, implies any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.

2. The Last Closed Trade price displayed reflects the price at which the last trade in this company's security occurred on Forge, and can include secondary trades in any class of the company's security, or trades in units of funds holding the company's securities (the economics of which differ versus direct company ownership). The date displayed reflects the date on which the last trade in this company's security closed on Forge. This may be several weeks after the terms of the trade were agreed upon between the buyer and seller. In case of multiple trades closed on the same date, the price displayed is of either (i) the trade which terms were agreed upon most recently; or (ii) the trade with the higher notional value.

‘Stock Price’ or other private company metrics (‘PC Data’) may rely on a very limited number of trade and/or IOI inputs in their calculation. PC Data is prepared and disseminated solely for informational purposes. While Forge has obtained information from sources it believes to be reliable, Forge does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives. Forge does not guarantee the accuracy, completeness, timeliness, or availability of PC Data, and are not responsible for any errors or omissions, regardless of the cause, or any results obtained from the use of PC Data. PC Data is derived from the performance and pricing of secondary activity on the Forge platform and other private market trading platforms. PC Data is not intended to, and does not necessarily, represent the market price of any securities (I.e., the price at which you could buy or sell such securities). Reference to company names does not imply any affiliation between Forge and that company, any endorsement or sponsorship by Forge of any company or vice versa, or any partnership, joint venture or other commercial relationship between Forge and any company. Rights with respect to any company marks referred to herein are owned by the company.

Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.

Investing in private company securities is not suitable for all investors, is highly speculative, is high risk, and investors should be prepared to withstand a total loss of their investment. Private company securities are highly illiquid and there is no guarantee that a market will develop for such securities. Each investment carries its own risks, and investors should conduct their own due diligence regarding the investment, including obtaining independent professional advice. Past performance is not indicative of future results. This is not a recommendation, offer, solicitation of an offer, or advice to buy or sell securities by Forge, nor an offer of brokerage services in any jurisdiction where Forge is not permitted to offer brokerage services. Brokerage products and services are offered by Forge Securities LLC, a registered broker-dealer and member FINRA/SIPC. Please see other important disclaimers, disclosures and restrictions you acknowledge by using this website and to which you are subject.