# Devoted Health: Hospital & health care, Waltham, United States

> Devoted Health: Devoted Health is a technology-driven healthcare company founded in 2017 by brothers Todd and Ed Park. Based in Waltham, United States.

Source: https://millionrounds.com/startup/devoted-health (Millionrounds; every figure on the page links to its filing or article)

United States · [Hospital & health care startup](https://millionrounds.com/companies)

# Devoted Health

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

Funding reported Last round: Series E

Hospital & health care Waltham, United States

Company summary

- **Founded:** 2017 9 years old
- **Team:** 2,100 1,000+ people
- **Funding reported:** $2.3B in dollars
- **Last round:** Series E Aug 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Devoted Health has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 **$2.3B** in dollars

Rounds **7**

Last round **Series E**

Last round size **$112M**

Last round date **Aug 2024**

Investors listed **38**

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 Park** Executive Officer, Director i
- **Todd Park** Executive Officer, Director i

On the board, as filed i *Bryan Roberts* *Kathleen Sebelius* *Robert Kocher* *William Frist*

## On 12 portfolio pages

Investors who name them

- [DNS Capital](https://millionrounds.com/fund/dns-capital)
- [For Good Ventures](https://millionrounds.com/fund/for-good-ventures)
- [ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital)
- [Equity Group Investments](https://millionrounds.com/fund/equity-group-investments)
- [Obvious Ventures](https://millionrounds.com/fund/obvious-ventures)
- [Bronze Investments](https://millionrounds.com/fund/bronze-investments)
- [Dreamers VC](https://millionrounds.com/fund/dreamers-vc)
- [Whistler Capital Partners](https://millionrounds.com/fund/whistler-capital-partners-llc)
- [GreatPoint Ventures](https://millionrounds.com/fund/greatpoint-ventures)
- [Head and Heart Capital](https://millionrounds.com/fund/head-and-heart-capital)
- [NextView Ventures](https://millionrounds.com/fund/nextview-ventures)
- [Rogue Insight Capital](https://millionrounds.com/fund/rogue-insight-capital)

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 support enhanced service health care preventive health digital health healthcare quality metrics dental coverage primary care food and home card health equity dental and vision coverage in-home medical visits virtual health services health benefits healthcare platform data science

Built with from their website

Google Tag Manager Amazon CloudFront Canva Google Sheets dbt Ironclad HREF Lang AWS Trusted Advisor Atlassian React Native

+8 more

CallMiner Eureka Flow YouTube GitHub Google Workspace Format CloudFlare Viewport 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](https://millionrounds.com/directory/devoted-health)

## Hospital & health care in United States

Startups like it

- [**Collective Health** San Francisco · founded 2013 *Raised*](https://millionrounds.com/company/collective-health)
- [**Hippocratic AI** Palo Alto · founded 2023 *Raised*](https://millionrounds.com/company/hippocratic-ai)
- [**Capital Rx** New York · founded 2017 *Raised*](https://millionrounds.com/company/capital-rx)
- [**Ambience Healthcare** San Francisco · founded 2020 *Raised*](https://millionrounds.com/company/ambience-healthcare)
- [**Iora Health** Boston · founded 2010 *Raised*](https://millionrounds.com/company/iora-health)
- [**Candid Health** San Francisco · founded 2019 *Raised*](https://millionrounds.com/company/candid-health)
- [**Rightway** New York · founded 2017 *Raised*](https://millionrounds.com/company/rightway)
- [**Curative** Austin · founded 2020 *Raised*](https://millionrounds.com/company/curative)

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