
Devoted Health
Founded Year
2017Stage
Series E - II | AliveTotal Raised
$2.256BLast Raised
$112M | 1 yr agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
-2 points in the past 30 days
About Devoted Health
Devoted Health focuses on providing medicare advantage plans. Its offerings include healthcare coverage with benefits such as dental, eyewear, gym memberships, and support for medication needs. The company primarily serves the older American population seeking Medicare-related health services. It was founded in 2017 and is based in Waltham, Massachusetts.
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ESPs containing Devoted Health
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The digital health insurance providers market refers to insurtech companies that provide private health insurance plans. Companies in this market often focus on providing distinguished value propositions — like telehealth and preventative care services, direct pay capabilities, or member navigation apps. Digital health insurance providers go beyond just the insurance sales process, and some of the…
Devoted Health named as Challenger among 13 other companies, including Collective Health, Oscar, and Acko.
Devoted Health's Products & Differentiators
Devoted Health Plans
Devoted Health built its Medicare Advantage health insurance plans from scratch. Its plan is purpose-built and optimized from inception to deliver and scale value-based payment and care, creating a better healthcare experience for seniors and their providers.
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Research containing Devoted Health
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Devoted Health in 6 CB Insights research briefs, most recently on Nov 14, 2024.

Nov 14, 2024 report
State of Insurtech Q3’24 Report
Feb 23, 2024
The B2C US insurtech market map
Feb 9, 2024 report
State of Insurtech 2023 Report
Jan 25, 2024 report
State of Digital Health 2023 ReportExpert Collections containing Devoted Health
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Devoted Health is included in 7 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,297 items
Insurtech
3,403 items
Companies and startups that use technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience
Digital Health 50
300 items
The most promising digital health startups transforming the healthcare industry
Value-Based Care & Population Health
893 items
The VBC & Population Health collection includes companies that enable and deliver care models that address the health needs for defining populations along the continuum of care, including in the community setting, through participation, engagement, and targeted interventions.
Fintech
9,809 items
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Digital Health
12,122 items
The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.
Latest Devoted Health News
Oct 17, 2025
WASHINGTON Oct. 17, 2025 /PRNewswire/ -- U.S. News & World Report, the global authority in health care rankings and consumer advice, today announced the 2026 Best Insurance Companies for Medicare Advantage and Best Insurance Companies for Medicare Part D. U.S. News' comprehensive annual evaluation is designed to help Medicare-eligible beneficiaries compare the companies offering medical insurance and/or prescription drug plans for their individual health care needs as the annual Open Enrollment period begins. Medicare annual Open Enrollment runs from October 15 to December 7, for coverage effective January 1, 2026. "With health insurance companies adjusting their plan portfolios and coverage areas in 2026 amid an increasingly dynamic health care market, consumers need clear and trustworthy information about the companies providing their health insurance and the features of the plans they offer," said Sumita Singh, executive vice president and general manager of Health at U.S. News. "U.S. News' 2026 ratings provide a comprehensive, data-driven overview of the top insurance companies, empowering Medicare beneficiaries to evaluate quality and research their options during the enrollment window." For the 2026 edition of Best Insurance Companies for Medicare Advantage, U.S. News considered Centers for Medicare & Medicaid Services' (CMS) data and quality measure results for every evaluated insurance company's Medicare Advantage health plans. U.S. News in consultation with experts selected 37 CMS quality measures and assigned each measure a weight reflecting its relevance to consumers. The results for a provider's plans were averaged together, with greater weight assigned to plans having the highest enrollments, to determine the rating for each insurance company. The Best Medicare Insurance Companies of 2026 include: : Aetna Medicare; Devoted Health, Inc.; UnitedHealth Group, Inc. : Centene Corporation; Humana, Inc. The 2026 edition also highlights the Best Medicare Advantage Companies in e ach state In addition to the overall ratings, U.S. News recognized national companies for high performance in key consumer-value categories. For the 2026 national awards, U.S. News calculated insurers' ratings based on 12 specific CMS quality measures related to: : Aetna Medicare; Devoted Health, Inc. : Aetna Medicare; Devoted Health, Inc. : Aetna Medicare; Cigna Healthcare; Elevance Health, Inc.; Molina Healthcare, Inc.; UnitedHealth Group, Inc. : Cigna HealthCare; UnitedHealth Group, Inc. Methodology details for how the Best Insurance Companies for Medicare Advantage and Part D are evaluated by U.S. News can be found here . Medicare-eligible beneficiaries can sign up for U.S. News' three-day email course here , which includes a free Medicare Plan Selection Guide to help eligible seniors and their caregivers choose the best Medicare coverage for themselves or a loved one. About U.S. News & World Report U.S. News & World Report is the global leader for journalism that empowers consumers, citizens, business leaders and policy officials to make confident decisions in all aspects of their lives and communities. A multifaceted media company, U.S. News provides unbiased rankings, independent reporting and analysis, and consumer advice to millions of people on USNews.com each month. A pillar in Washington for more than 90 years, U.S. News is the trusted home for in-depth and exclusive insights on education, health, politics, the economy, personal finance, travel, automobiles, real estate, careers and consumer products and services. View original content to download multimedia: https://www.prnewswire.com/news-releases/us-news--world-report-announces-the-2026-best-insurance-companies-for-medicare-advantage-and-part-d-302586897.html SOURCE U.S. News & World Report, L.P. Back
Devoted Health Frequently Asked Questions (FAQ)
When was Devoted Health founded?
Devoted Health was founded in 2017.
Where is Devoted Health's headquarters?
Devoted Health's headquarters is located at 221 Crescent Street, Waltham.
What is Devoted Health's latest funding round?
Devoted Health's latest funding round is Series E - II.
How much did Devoted Health raise?
Devoted Health raised a total of $2.256B.
Who are the investors of Devoted Health?
Investors of Devoted Health include The Space Between, Cox Enterprises, White Road Investments, Andreessen Horowitz, Emerson Collective and 38 more.
Who are Devoted Health's competitors?
Competitors of Devoted Health include NeueHealth, Alignment Healthcare, Clover Health, Centene, Alignment Health and 7 more.
What products does Devoted Health offer?
Devoted Health's products include Devoted Health Plans and 2 more.
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Compare Devoted Health to Competitors

UnitedHealthcare provides health insurance plans across various sectors. The company offers health plans including Medicare, Medicaid, individual and family insurance, employer-sponsored plans, and supplemental options like dental and vision. UnitedHealthcare serves individuals, families, employers, and government programs. UnitedHealthcare was formerly known as Bind. It was founded in 1977 and is based in Hopkins, Minnesota.

NeueHealth operates within the medical sector, providing care through its owned and affiliated clinics. It offers arrangements and tools for independent providers and medical groups, focusing on performance and population health. It serves health consumers, providers, and payors in the healthcare industry. It was formerly known as Bright Health Group. It was founded in 2015 and is based in Minneapolis, Minnesota.
Alignment Health operates as a health insurance provider focused on offering Medicare plans. The company provides on-demand access to healthcare services, including in-person, in-home, and mobile device consultations, along with a range of all-inclusive benefits for its members. The company primarily serves the Medicare beneficiaries sector. It was founded in 2013 and is based in Orange, California.

HPOne operates within the healthcare sector, focusing on health insurance and Medicare plans. The company provides sales, marketing, and member outreach services to facilitate the management of Medicare and health insurance members. It was founded in 2006 and is based in Trumbull, Connecticut.

Carelon operates as a healthcare services company focusing on delivering integrated solutions across various healthcare sectors. The company offers services including behavioral health, pharmacy management, palliative care, primary care, medical benefits management, and healthcare operations technology. It primarily serves health plans, employers, government agencies, and other stakeholders in the healthcare system. Carelon was formerly known as DBG Holdings. It was founded in 2022 and is based in Indianapolis, Indiana.
Solimut Mutuelle de France focuses on health insurance and related services. The company offers health insurance, supplementary insurance, and provident services, aiming to provide access to healthcare for all without discrimination or medical questionnaires. The company serves individuals, professionals, businesses, public sector entities, and associations. It was founded in 2008 and is based in Paris, France.
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