Devoted Health Stock

devoted.comHealthcare / Healthcare providers & servicesFounded: 2017Funding to Date: $2.16B

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.

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Team

Management Team

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 Members

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

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News Highlights

Devoted Health closes out 2023 with $175M series E funding round
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.
Membership is surging at upstart health insurers like Devoted, but they're still struggling to turn a profit
Devoted Health's net loss widened in the first six months of the year, even as it grew its top line.
Health insurance startup Devoted Health's losses are deepening as it takes on more members
Founded in 2017, Devoted Health is aiming to make a mark in the lucrative, but competitive Medicare Advantage market.
Updated on: Apr 24, 2024

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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.