# DUOS: Hospital & health care, Minneapolis, United States

> DUOS: DUOS is an AI-powered digital health company founded in 2020, based in Minneapolis, Minnesota. Based in Minneapolis, United States. Founded 2020.

Source: https://millionrounds.com/startup/duos-2 (Millionrounds; every figure on the page links to its filing or article)

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

# DUOS

DUOS is an AI-powered digital health company founded in 2020, based in Minneapolis, Minnesota.

Funding reported Last round: Undisclosed round

Hospital & health care Minneapolis, United States

Company summary

- **Founded:** 2020 6 years old
- **Team:** 78 51 to 200 people
- **Funding reported:** $130M in dollars
- **Last round:** Undisclosed round Jun 2023

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 DUOS 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 DUOS

DUOS is an AI-powered digital health company founded in 2020, based in Minneapolis, Minnesota.

The company focuses on helping older adults (65+) age independently by connecting them with dedicated personal assistants, known as "Duos." This service aims to bridge the gap between health plan investments and actual clinical outcomes by turning member benefits into actionable support. The primary offering is a technology-enabled service that matches Medicare beneficiaries with vetted Duos who provide personalized assistance. These assistants help with various daily tasks, including social support, practical assistance like transportation and errands, and resource activation to coordinate community resources. DUOS serves both older adults and their families, as well as healthcare partners such as Medicare Advantage Plans and health providers, enhancing member engagement and health outcomes. The company has received significant funding, including a $15 million Series A in 2022 and a $130 million strategic growth investment in 2025.

## What company datasets say DUOS raised

Funding, as reported

Reported in all **$130M** in dollars

Rounds **3**

Last round **Undisclosed round**

Last round size **$130M**

Last round date **Jun 2023**

Investors listed **7**

## Founders and team

From DUOS's own website: 1 founder, 3 on the team.

**Karl Ulfers** Co-Founder & Chief Executive Officer

- **Jenn Kerfoot** President & Chief Operations Officer
- **Art Petrossian** Chief Product & Technology Officer
- **Nathan Adams** Chief Business Officer

## On 5 portfolio pages

Investors who name them

- [Optum Ventures](https://millionrounds.com/fund/optum-ventures)
- [Imaginary Ventures](https://millionrounds.com/fund/imaginary)
- [HDS Capital](https://millionrounds.com/fund/hds-capital)
- [Primetime Partners](https://millionrounds.com/fund/primetime-partners)
- [Able Partners](https://millionrounds.com/fund/able-partners)

Each firm lists DUOS 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

health care digital health health equity risk adjustment accuracy information technology & services cost savings care gap closure digital health platform ai platform value-based care hospital & health care closed-loop monitoring resource matching care management b2c risk adjustment

Built with from their website

Amazon SES Google Tag Manager Amazon CloudFront AWS Trusted Advisor React Native Spotify Google Workspace CloudFlare Viewport Meta Amazon Simple Email Service

+8 more

Hubspot Cloudflare WAF webpack Amazon S3 Webflow Hosting Apple Business Manager Google Meet CloudFlare CDN

- **Sector:** Hospital & health care
- **Industry code:** NAICS 62161, 51321, 62199, SIC 8731, 7372, 8099
- **Region:** Minnesota
- **Revenue:** $5.9M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/duos)

## 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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