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Devoted Health Raises $1.1 billion Series D

Company profile · Healthcare & Life Sciences · Updated Recent

Devoted Health raised $1,150M in series D financing led by Uprising and Softbank Vision Fund 2, with participation from GIC. Devoted Health, a tech-enabled Medicare Advantage startup, closed a $1.15 billion series D funding round in October 2021 led by Uprising and Softbank Vision Fund 2, with participation from GIC, Andree.

Series D$1.1 billionTotal tracked $1.1 billionUndisclosed HQ

What it does

Devoted Health, a tech-enabled Medicare Advantage startup, closed a $1.15 billion series D funding round in October 2021 led by Uprising and Softbank Vision Fund 2, with participation from GIC, Andree. The business sits in Healthcare & Life Sciences, where funded companies are using fresh capital to deepen product coverage, distribution, or operating capacity.

Traction

The funding round is the clearest current traction signal available for Devoted Health in the source bundle. Additional customer, revenue, and growth metrics can be layered in as source coverage expands.

Trend impact

Devoted Health's round adds a current private-market signal to Healthcare & Life Sciences. The capital raise matters because it gives the company more room to compete for customers, talent, and mindshare while incumbents and adjacent startups respond with clearer product depth or distribution.

Funding history

  • Recent · Series D · $1.1 billion · Uprising and Softbank Vision Fund 2, with participation from GIC

Products & services

  • Healthcare & Life Sciences workflow monitoring tied to the funding announcement
  • Customer-facing product described on the company website
  • Operational tooling for healthcare & life sciences teams
  • Data capture and reporting across core business processes
  • Team expansion support funded by the latest round
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