Ed Park, Devoted Health cofounder and CEO (via website)

Ex­clu­sive: Health­care start­up De­vot­ed Health rais­es $175M

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De­vot­ed Health, a health in­sur­ance start­up that of­fers Medicare Ad­van­tage plans and runs a med­ical group, raised $175 mil­lion.

The Se­ries E round comes more than two years af­ter the start­up raised a $1.2 bil­lion Se­ries D round. A source close to the deal told End­points News that the new round bumped De­vot­ed’s val­u­a­tion to $12.9 bil­lion, up from $12.7 bil­lion af­ter the Se­ries D.

Endpoints News

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