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Founded Year

2017

Stage

Series E - II | Alive

Total Raised

$2.256B

Last Raised

$112M | 2 mos ago

Revenue

$0000 

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-11 points in the past 30 days

About Devoted Health

Devoted Health is a healthcare company specializing in Medicare Advantage plans. The company offers a range of services including dental, vision, and prescription drug coverage, as well as fitness and wellness programs, primarily to older Americans. Devoted Health's Medicare Advantage plans are designed to provide comprehensive benefits and savings to its members. Devoted Health was formerly known as Orinoco Health. It was founded in 2017 and is based in Waltham, Massachusetts.

Headquarters Location

221 Crescent Street Suite 202

Waltham, Massachusetts, 02453,

United States

800-338–6833

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ESPs containing Devoted Health

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare & Life Sciences / Health Insurance & RCM Tech

The digital health insurance providers market refers to insurtech companies that provide private health insurance plans. Companies in this market often focus on providing distinguished value propositions — like telehealth and preventative care services, direct pay capabilities, or member navigation apps. Digital health insurance providers go beyond just the insurance sales process, and some of the…

Devoted Health named as Highflier among 12 other companies, including Oscar, Clover Health, and Acko.

Devoted Health's Products & Differentiators

    Devoted Health Plans

    Devoted Health built its Medicare Advantage health insurance plans from scratch. Its plan is purpose-built and optimized from inception to deliver and scale value-based payment and care, creating a better healthcare experience for seniors and their providers.

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Research containing Devoted Health

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Devoted Health in 7 CB Insights research briefs, most recently on Feb 23, 2024.

Expert Collections containing Devoted Health

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Devoted Health is included in 7 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,244 items

I

Insurtech

3,168 items

Companies and startups that use technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

D

Digital Health 50

300 items

The most promising digital health startups transforming the healthcare industry

V

Value-Based Care & Population Health

891 items

The VBC & Population Health collection includes companies that enable and deliver care models that address the health needs for defining populations along the continuum of care, including in the community setting, through participation, engagement, and targeted interventions.

F

Fintech

9,228 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

D

Digital Health

11,060 items

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

Latest Devoted Health News

Exclusive: Devoted Health raises $112M, plots insurance markets expansion – Endpoints News

Sep 16, 2024

Senior health tech reporter (This sto­ry is from our new Health Tech newslet­ter. If you’d like to sign up, just click here .) De­vot­ed Health just nabbed … Sign up to read this article for free. Get free access to a limited number of articles, plus choose newsletters to get straight to your inbox. SIGN UP

Devoted Health Frequently Asked Questions (FAQ)

  • When was Devoted Health founded?

    Devoted Health was founded in 2017.

  • Where is Devoted Health's headquarters?

    Devoted Health's headquarters is located at 221 Crescent Street, Waltham.

  • What is Devoted Health's latest funding round?

    Devoted Health's latest funding round is Series E - II.

  • How much did Devoted Health raise?

    Devoted Health raised a total of $2.256B.

  • Who are the investors of Devoted Health?

    Investors of Devoted Health include The Space Between, White Road Investments, Cox Enterprises, Andreessen Horowitz, General Catalyst and 22 more.

  • Who are Devoted Health's competitors?

    Competitors of Devoted Health include NeueHealth and 7 more.

  • What products does Devoted Health offer?

    Devoted Health's products include Devoted Health Plans and 2 more.

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Compare Devoted Health to Competitors

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Carelon

Carelon is a healthcare services company focused on delivering whole-person care across various domains within the healthcare industry. The company offers integrated care models, digital tools, and services that address physical, mental, social, and economic health factors, aiming to simplify healthcare experiences, improve outcomes, and manage costs. Carelon's solutions are designed to support individuals with complex health conditions, provide behavioral health management, and facilitate primary and palliative care, alongside pharmacy services and medical benefits management. It was founded in 2017 and is based in Morristown, New Jersey.

A
Alignment Health

Alignment Health operates as a health insurance provider focused on offering Medicare plans. The company provides on-demand access to healthcare services, including in-person, in-home, and mobile device consultations, along with a range of all-inclusive benefits for its members. The company primarily serves the Medicare beneficiaries sector. It was founded in 2013 and is based in Orange, California.

U
UnitedHealthcare

UnitedHealthcare focuses on providing health insurance plans. The company offers a variety of health insurance plans including individual and family plans, Medicare, Medicaid, and supplemental plans such as dental and vision, all to cover medical costs. UnitedHealthcare primarily serves individuals, families, and employers across various sectors. UnitedHealthcare was formerly known as Bind. It was founded in 1974 and is based in Hopkins, Minnesota.

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Blue Cross and Blue Shield of North Carolina

Blue Cross and Blue Shield of North Carolina provides not-for-profit health insurance services. It offers a range of health insurance plans for individuals, families, and employers, as well as Medicare, dental, and vision coverage. The company primarily serves the healthcare industry by providing insurance products and services to a diverse customer base. It was founded in 1933 and is based in Durham, North Carolina.

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Sompo Digital Lab

Sompo Digital Lab focuses on digital technology innovation in the customer experience and health services sectors. The company aims to enhance safety, security, and health through digital solutions, leveraging a team composed of research & development, in-house development, and data scientists. It was founded in 2015 and is based in Foster City, California.

S
Solimut Mutuelle de France

Solimut Mutuelle de France focuses on health insurance and related services. The company offers health insurance, supplementary insurance, and provident services, aiming to provide access to healthcare for all without discrimination or medical questionnaires. The company serves individuals, professionals, businesses, public sector entities, and associations. It was founded in 2008 and is based in Paris, France.

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