Devoted Health Raises $175 Million

Devoted Health is a healthcare company that uses technology to streamline and enhance various aspects of healthcare delivery. By harnessing the power of data analytics, artificial intelligence, and digital tools, the company is able to offer a more personalized and efficient healthcare experience to its members.

Devoted Health has raised $175 million in a Series E round. The new round was led by a lead syndicate composed of The Space Between (TSB), Highbury Holdings, GIC, Stardust Equity, Maverick Ventures, and Fearless Ventures. Andreessen Horowitz and General Catalyst also backed the round along with other investors including GreatPoint Ventures, Socium Ventures, Emerson Collective, The Private Shares Fund and affiliated funds and F-Prime Capital Partners.

Devoted Health, Waltham, Massachusetts, United States, was founded in 2017 by Carlos Virella, Edward Park, and Todd Park. “In a healthcare system that isn’t always accessible or easy to navigate, we at Devoted Health are profoundly honored to provide each member with the same quality of care and service we’d want for our own families,” said Ed Park, company CEO. “It’s deeply gratifying to have so many others believe in the promise of our model, and we’re very excited to bring the love and world-class care that is Devoted to more and more Americans.”

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