Devoted Health
Funding History
| Series D · 10/2021 | $12.6B |
|---|
About
Devoted Health is a Medicare Advantage company built around an integrated payer-provider model: the company sells its own Medicare Advantage health plans while also operating primary and virtual care services designed to work in concert with them. Co-founders Todd and Ed Park previously built athenahealth into a major electronic health records company before starting Devoted in 2017.
- CEO
- Ed Park
- Employees
- 2,123
- Headquarters
- Waltham, Massachusetts
- Founded
- 2017
- Website
- Devoted.com
- Members
- 466,000+
Overview
Devoted Health is a Medicare Advantage health insurance company founded in 2017 by brothers Todd and Ed Park, both former athenahealth executives, with a mission to "dramatically improve the health and well-being of older Americans by caring for each and every person like they are family." The company combines its own health plan with a proprietary, technology-enabled care model -- including a member-support team called "Guides" and an advanced primary care offering -- rather than acting as a pure insurer. Headquartered in Waltham, Massachusetts, Devoted has expanded from its original Florida market launch in 2019 to serving Medicare Advantage members across 29 states as of early 2026.
Private securities are speculative, illiquid, and involve risk of complete loss of principal. You should be prepared to hold private securities for an extended period; there is no assurance of a secondary market, an IPO, or other liquidity event. You are fully responsible for conducting your own due diligence. Pricing is indicative — nothing here is an offer of securities.