Devoted Health Raises $300M in Funding

devoted healthDevoted Health, a Waltham, MA-based medicare advantage company, raised $300m in funding.

The round was led by Andreessen Horowitz.

The company intends to use the funds to continue to expand the team and develop and deploy its solutions.

Co-founded by CEO Ed Park and Executive Chairman Todd Park, Devoted Health offers Medicare Advantage plans enabling members to find doctors, hospitals, pharmacies, and other providers to make sure they get the right care at the right time and also get health tips delivered to their inbox.
The company is beginning to enroll members into Medicare Advantage plan in eight counties across Florida.

To read more about the company’s round and future plans, read this post by Ed Park.



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