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Devoted Health Raises $1 billion series D

Company profile · Healthcare & Life Sciences · Updated Recent

Devoted Health raised $1B 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 billionTotal tracked $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

Uprising and Softbank Vision Fund 2, with participation from GIC participated in the latest tracked round; deeper traction analysis is held until source support is strong enough.

Trend impact

MD-grade thesis held: available source material is not specific enough to support a non-generic investor-economist read without overclaiming.

Funding history

  • Recent · series D · $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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