United States · Hospital & health care startup

Devoted Health

Devoted Health is a technology-driven healthcare company founded in 2017 by brothers Todd and Ed Park.

Funding reportedLast round: Series E

Hospital & health careWaltham, United States

About Devoted Health

Devoted Health is a technology-driven healthcare company founded in 2017 by brothers Todd and Ed Park.

Headquartered in Waltham, Massachusetts, it focuses on improving the health and well-being of older Americans by providing care that feels personal and family-oriented. As a Medicare Advantage carrier, Devoted Health offers an integrated healthcare solution that combines health insurance, clinical care, and advanced technology. The company's core product is its Medicare Advantage health plan, which includes benefits tailored for seniors, such as dental and vision coverage. Key services include Devoted Medical, an in-house clinical group providing virtual and in-home care, and Care OnDemand, a 24/7 telehealth service. Devoted Health also offers personalized care plans and dedicated care coordinators to assist members in navigating their healthcare needs. With over 466,000 members across 29 U.S. states, Devoted Health emphasizes high-quality, proactive care for Medicare-eligible beneficiaries.

What company datasets say Devoted Health raised

Funding, as reported

Reported in all$2.3Bin dollars
Rounds7
Last roundSeries E
Last round size$112M
Last round dateAug 2024
Investors listed38
Valuation$13B, Mar 2026
SEC Form D$62M sold, 1 filing, last Oct 2017

Founders and team

From the SEC filings it signed: 2 on the team.

  • Edward ParkExecutive Officer, Directori
  • Todd ParkExecutive Officer, Directori

On the board, as filediBryan RobertsKathleen SebeliusRobert KocherWilliam Frist

On 12 portfolio pages

Investors who name them

Each firm lists Devoted Health on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

chronic condition supportenhanced servicehealth carepreventive healthdigital healthhealthcare quality metricsdental coverageprimary carefood and home cardhealth equitydental and vision coveragein-home medical visitsvirtual health serviceshealth benefitshealthcare platformdata science

Built with from their website

Google Tag ManagerAmazon CloudFrontCanvaGoogle SheetsdbtIroncladHREF LangAWS Trusted AdvisorAtlassianReact Native

+8 more

CallMiner EurekaFlowYouTubeGitHubGoogle WorkspaceFormatCloudFlareViewport Meta

Sector
Hospital & health care
Industry code
NAICS 62111, 524114, 621999, SIC 6361, 6321, 8011
Region
Massachusetts
Revenue
$3.3B a year, as listed
Full record
Every detail in the company directory

Hospital & health care in United States

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