MobiHealth News January 2, 2024
Jessica Hagen

The funds come two years after the company scored a $1.15 billion investment.

Tech-enabled Medicare Advantage company Devoted Health announced it scored $175 million in Series E funding at the end of 2023.

Venture capital companies Fearless Ventures, Highbury Holdings, Stardust Equity, GIC, Maverick Ventures and The Space Between led the round.

Andreessen Horowitz, Emerson Collective, Socium Ventures, The Private Shares Fund, and affiliated funds, General Catalyst, F-Prime Capital Partners and GreatPoint Ventures also participated in the round.

WHAT THEY DO

The insurtech company offers a stack of healthcare services to older adults, including Medicare Advantage health plans, partnerships with providers, and its in-house virtual and at-home care provider, Devoted Medical.

The company was founded in 2017 by...

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