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Devoted Health Stock

devoted.comHealthcareFounded: 2017Funding to Date: $1.98B

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, MN.

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Overview Financings Valuation

Enterprise Value (based on primary financings)

Enterprise Value

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Devoted Health investors also invested in these private companies

Andreessen Horowitz

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General Catalyst

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StartUp Health

Devoted Health, Human Longevity, Virta Health

Base10 Partners

Brex, Attentive, Devoted Health, CircleCI, PopMenu, Handshake, Wealthsimple, Solid, Incredible Health, jobandtalent

SoftBank Investment Advisers

Fanatics, ConsenSys, Upside Foods, SambaNova Systems, Swiggy, Observe.AI, Attentive, Collective Health, Wefox, TigerGraph

Kapor Capital

Form Energy, Devoted Health, Gusto, Scene Health, Ethic, Bitwise Industries

Team

Management Team

Jeremy Delinsky

Chief Operating Officer

Edward Park

Co-Founder, Chief Executive Officer & Board Member

Bradley Yale

Chief Financial Officer

Jack Nye

Co-Chief Technology Officer

Shannon O'Kane

Chief Compliance Officer & Medicare Compliance Officer

William Cowan JD

Chief Legal & External Affairs Officer

Nancy Tao Go

Chief Marketing Officer

Board Members

William Frist MD

Frist Cressey Ventures

Bryan Roberts Ph.D

Venrock

Bob Kocher MD

Venrock

Tabreez Verjee

Uprising Ventures

Vijay Pande Ph.D

Andreessen Horowitz

Bryan Roberts Ph.D

Venrock

DJ Patil Ph.D

Venrock

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News

Business Insider 08/16/2021

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.

Markets Insider 05/18/2021

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.

Frequently Asked Questions

Updated on: Jun 3, 2023