# Evolent Health funding: rounds and investors > Evolent Health has raised $346M across 3 rounds since 2013. Investors include TPG. Every round with its source. Source: https://millionrounds.com/company/evolent-health (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *Evolent Health* 3 rounds we have observed, with the one investor named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Healthcare Funding summary Updated 26 Oct 2026 **$346M** raised across 3 rounds since 2013, from 3 sources **$101M** Growth **$100M** Series B **$145M** Debt - **Latest round:** Debt, $145M Aug 2025 - **Step-up i:** 1.4× - **Investors:** 1 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2013 2015 2017 2019 2021 2023 2025 **$101M** Growth **$100M** Series B **$145M** Debt - **First round:** Growth, $101M - **Biggest round:** $145M - **Between rounds:** 11.8 years ## The rounds - **Aug 2025** Debt **$145M** *1 new* [TPG](https://millionrounds.com/fund/tpg) Source recorded - **Sept 2013** Growth **$101M** No investor was named in the report. From a historical funding record SEC filing: $100M sold, first sale Sept 2013 - **Sept 2013** Series B **$100M** No investor was named in the report. Reported by pevc.dowjones.com SEC filing: $100M sold, first sale Sept 2013 ## Founders and team From Evolent Health's own website and the SEC filings it signed: 1 founder, 13 on the team. **Seth Blackley** Chief Executive Officer, Co-Founder and Board Member *Named on its 2023 Form D* - **Naprisha Taylor** Vice President, Employee Strategy and Communications - **Dan McCarthy** President - **Archie Mayani** Chief Product Officer - **Felicia Crawford-Smith** Chief People Officer - **Jessica White** Chief Information Officer - **Katie DiPerna** Chief Operating Officer - **Mario Ramos** Chief Financial Officer - **Rob Cruz** Chief Technology Officer - **John Johnson** Chief Strategy Officer - **Aammaad Shams** Executive Officer i - **Daniel Mccarthy** Executive Officer i - **Jonathan Weinberg** General Counsel - **Steve Tutewohl** Executive Officer i On the board, as filed i *Bridget Duffy* *Cheryl Scott* *David Farner* *Diane Holder* *Frank Williams* *Kim Keck* *Tunde Sotunde* ## Everyone who backed them [TPG](https://millionrounds.com/fund/tpg) Private equity **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=evolent-health). ## Also claim to have backed them This firm lists Evolent Health as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [Hughes & Company](https://millionrounds.com/fund/hughes-and-company) Private equity Per its own site ## Quick answers about Evolent Health ### Who invested in Evolent Health? Evolent Health's investors include TPG. ### How much has Evolent Health raised? Evolent Health has raised $346M across 3 rounds since 2013. ### When did Evolent Health last raise? Evolent Health's most recent round was a Debt of $145M in Aug 2025. ### What was Evolent Health's biggest round? Its most recent round, $145M in Aug 2025, is also its largest on record. ### Who backed Evolent Health first? Evolent Health's first round on record, in Aug 2025, was backed by TPG. ### What stage is Evolent Health at? Evolent Health's latest named round is a Debt, in Aug 2025. ### Where is Evolent Health based? Evolent Health is based in the United States. ## Companies like Evolent Health In the same sector, and raised in the last eighteen months. [**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app