Devoted Health
Founded Year
2017Stage
Series D | AliveTotal Raised
$1.969BValuation
$0000Last Raised
$1.15B | 2 yrs agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+10 points in the past 30 days
About Devoted Health
Devoted Health provides a range of health care and senior care services. It provides a range of medical plans such as hospital insurance, medical insurance, prescription drug plans, extra insurance plans, and more. Devoted Health was formerly known as Orinoco Health. 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 payviders market refers to the emergence of healthcare providers that also offer health insurance plans. This model is sometimes called a "payvider" because it combines the functions of a payer and a provider. The idea behind this model is to align the incentives of payers and providers, with the hope that this will lead to better care coordination, cost savings, and improved outcomes. The mar…
Devoted Health named as Highflier among 13 other companies, including Collective Health, Sensely, and Centivo.
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 7 CB Insights research briefs, most recently on Oct 25, 2023.
Oct 25, 2023 report
The state of unicorns in 7 charts
Expert 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 6 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,228 items
Insurtech
2,968 items
Companies and startups that use of 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 150
300 items
The most promising digital health startups transforming the healthcare industry
Value-Based Care & Population Health
890 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.
Digital Health
10,585 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.
Tech IPO Pipeline
257 items
The tech companies we think could hit the public markets next, according to CB Insights data.
Latest Devoted Health News
Oct 16, 2023
WALTHAM, Mass.--(BUSINESS WIRE)--Devoted Health, an all-in-one healthcare company for Medicare beneficiaries, delivering health insurance, access to high quality medical care, and a world-class service experience, today announced that its HMO health plans in Florida and Ohio were awarded a 5 out of 5 Medicare Advantage (MA) performance Star Rating for 2024. This marks the second consecutive year of Devoted’s Ohio HMO plan earning a 5 Star rating, and is the first 5 Star rating achieved by the c
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 D.
How much did Devoted Health raise?
Devoted Health raised a total of $1.969B.
Who are the investors of Devoted Health?
Investors of Devoted Health include Andreessen Horowitz, Premji Invest, SoftBank, Emerson Collective, NextView Ventures and 13 more.
Who are Devoted Health's competitors?
Competitors of Devoted Health include Bright HealthCare and 6 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
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Blue Cross Blue Shield (BCBS) operates as a health and wellness resource. It provides local solutions that help to improve access to health care and offers a variety of insurance products to large employer groups, small businesses, and individuals. The company was founded in 1929 and is based in Chicago, Illinois. In January 2023, Blue Cross Blue Shield was acquired by Elevance Health. The terms of the transaction were not dicslosed.
Digit Insurance provides digital insurance solutions. It offers an online platform for users to avail of various types of insurance services, including car insurance, life insurance, health insurance, and property insurance. Digit serves the financial sector. The company was formerly known as Oben General Insurance. It was founded in 2016 and is based in Bengaluru, India.
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