Tech-enabled Medicare Advantage insurer with in-house clinical care.
Healthcare📍 Waltham, MAFounded 2017
Current Valuation
$13B
as of 2023-Q4
DECACORN
Devoted Health is a tech-enabled Medicare Advantage insurer founded by Athenahealth co-founders Todd and Ed Park, combining a health plan with an in-house clinical group (Devoted Medical). Sacra-tracked revenue reached $3.27B in 2024, up 69% YoY.
Company Profile
CEO
Todd Park
Founded
2017
HQ
Waltham, MA
Employees
2000+
Total Raised
$3.0B
Est. Revenue
$3.3B (2024)
Growth
Serving over 466,000 members across 29 states as of January 2026, up 121% year over year, funded by $366M of fresh equity in two tranches (a $48M Series F in November 2025 and a $317M Series F-Prime in January 2026)
Last Round
Series F-Prime — $317M (Jan 2026)
IPO Status
rumored
Fundraising Status
Series F-Prime · $317M · 7 mo ago
rumoredTotal raised $3.0B
Secondary Market
Implied price / share
$35.51
Last round price / share
$56.25
vs last round
-36.9%
Open interest
1
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2023-Q4. Refreshed quarterly.