When was Devoted Health founded?

Devoted Health was founded in 2017 and raised its 1st funding round within a year of its incorporation.

Where is Devoted Health located?

Devoted Health is headquartered in Eagan, United States. It is registered at Waltham, Massachusetts.

Who is the current CEO of Devoted Health?

Ed Park and Suad Hashi s of Devoted Health. Ed Park has also founded 1 company and is angel investors in 2 startups.

How many employees does Devoted Health have?

As of Mar 31, 2026, the latest employee count at Devoted Health is 2095.

Is Devoted Health a funded company?

Devoted Health is a funded company, having raised a total of $2.62B across 9 funding rounds to date. The company's 1st funding round was a $7M Seed round, raised on Aug 22, 2017.

How much is Devoted Health worth?

The latest valuation of Devoted Health is $12.6B as of Oct 08, 2021.

When was the latest funding round of Devoted Health?

Devoted Health's latest funding was a $317M Series F round on Jan 30, 2026, with participation from 18 investors.

Is Devoted Health a Insurance Distribution company?

The primary sectors of Devoted Health are Insurance Distribution, Internet First Insurance Platforms and Healthcare Payer Tech.

Where does Devoted Health rank among its competitors?

Devoted Health ranks 3rd amongst 169 active competitors, of which 21 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Devoted Health, which secured $317M in Jan, 2026.

Who are the top competitors of Devoted Health?

Devoted Health's top competitors include Oscar, Clover Health and Angle. Among them, Devoted Health secured the most recent funding round in January, 2026.

Devoted Health - 2026 Company Profile, Team, Funding & Competitors

Devoted Health is a series F company based in Eagan (United States), founded in 2017 by Ed Park and Todd Park. It operates as a Provider of healthcare insurance plans for individuals. Devoted Health has raised $2.62B in funding from investors like Obvious Ventures, F-Prime Capital and Maverick Ventures, with a current valuation of $12.6B. The company has 169 active competitors, including 21 funded and 21 that have exited. Its top competitors include companies like Oscar, Clover Health and Angle.

Sectors and market segments that Devoted Health operate in

Devoted Health serves in the Financial Services, FinTech, InsurTech, HealthTech market segments.The primary business model of Devoted Health are:

Company Details

Provider of healthcare insurance plans for individuals. It offers medicare plans and insurance benefits for various healthcare services with benefits and savings, including dental and over-the-counter benefits. It also offers plans for doctor visit, dental and vision protection, hospitals treatment coverage, and more. Also offers insurance comparison guide devoted to health.

Website: devoted.com
Social
Phone Number: +1 **********
Registered Address: Waltham, Massachusetts

Key Metrics

Founded Year

2017

Location

Eagan, United States

Stage

Series F

Total Funding

$2.62B in 9 rounds

Latest Funding Round

Series F, Jan 30, 2026, $317M

Post Money Valuation

$12.6B as on Oct 08, 2021

Investors

Obvious Ventures & 45 more

Ranked

3^rd among 169 active competitors

Employee Count

2,095 as on Mar 31, 2026

Similar Companies

Oscar & 248 more

View Devoted Health's full profile

Devoted Health is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DEVOTED HEALTH INC CIN: 6358097 , United States, Active	Mar 28, 2017	-	1841 (As on Dec 31, 2022)	-
DEVOTED HEALTH INC. CIN: 821023772 , United States, Active	Dec 26, 999	-	2593 (As on Dec 31, 2024)	-

Devoted Health has raised a total funding of $2.62B over 9 rounds. Its first funding round was on Aug 22, 2017. Its latest funding round was a Series F round on Jan 30, 2026 for $317M. 18 investors participated in its latest round. Devoted Health has 46 institutional investors.

Here is the list of recent funding rounds of Devoted Health:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 30, 2026	$317M	Series F	-	-	Centricus	Google Ventures, Morgan Health, Franklin Venture Partners, VanEck, MIG Capital, Cox Enterprises, Premji Invest, The Private Shares Fund, NextView Ventures, Highbury Group, Emerson Collective, Andreessen Horowitz, Bronze Venture Fund, Stardust, General Catalyst, Frist Cressey Ventures, Fearless Ventures
Nov 2025	$48M	Series F	-	-	Centricus	Google Ventures, Morgan Health, Franklin Venture Partners, VanEck, MIG Capital, Cox Enterprises, Premji Invest, The Private Shares Fund, NextView Ventures, Highbury Group, Emerson Collective, Andreessen Horowitz, Bronze Venture Fund, Stardust, General Catalyst, Frist Cressey Ventures, Fearless Ventures
Aug 02, 2024	$112M	Series E	-	-	Cox Enterprises, White Road Investments	-

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View details of Devoted Health's funding rounds and investors

The founders of Devoted Health are Ed Park and Todd Park. Ed Park and Suad Hashi are the CEOs of Devoted Health.

Here are the details of Devoted Health's key team members:

Ed Park: Co-Founder & Co-CEO of Devoted Health. They are also an angel investor in 2 startups.
Todd Park: Co-Founder, Executive Chairman of Devoted Health and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address
Suad Hashi: Co-CEO of Devoted Health.

Devoted Health's Board of Directors

Devoted Health's board has 6 active members. Edward Park, Todd Park, Bryan Roberts, Robert Kocher, William Frist and Kathleen Sebelius are independent board members.

Here is the list of Devoted Health's board of directors:

Name	Type	Representing	Status	Duration
Edward Park	Independent board member	-	Current	8y 5m
Todd Park	Independent board member	-	Current	8y 5m
Bryan Roberts	Independent board member	-	Current	8y 5m
Robert Kocher	Independent board member	-	Current	8y 5m
William Frist	Independent board member	-	Current	8y 5m
Kathleen Sebelius	Independent board member	-	Current	8y 5m

View details of Devoted Health's Founder profiles and Board Members

Devoted Health's employee count trend

Devoted Health has 2,095 employees as of Mar 26. Here is Devoted Health's employee count trend over the years:

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Top competitors of Devoted Health include Oscar, Clover Health and Angle. Here is the list of Top 10 competitors of Devoted Health, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Oscar 2012, New York City (United States), Public	Online health insurance platform for individuals and businesses	$1.63B	Founders Fund, Baillie Gifford & 47 others	83/100
2nd	Clover Health 2014, Jersey City (United States), Series E	Provider of medicare advantage plans and related services	$938M	Greenoaks, Sequoia Capital & 37 others	69/100
3rd	Devoted Health 2017, Eagan (United States), Series F	Provider of healthcare insurance plans for individuals	$2.62B	F-Prime Capital, GIC & 44 others	69/100
4th	Angle 2019, San Francisco (United States), Series B	Provider of technology-enabled health insurance plans for employers and employees	$196M	Portage, Blumberg Capital & 18 others	67/100
5th	Anthem 1992, Indianapolis (United States), Public	Provider of health benefits management software for patients and enterprises	-	JANA Partners, Athyrium Capital Management ... & 3 others	67/100
6th	Healthfirst 1993, New York City (United States), Unfunded	Provider of app-based health insurance services	-	-	66/100
7th	Elevance Health 2004, Indianapolis (United States), Acquired	Internet first health insurance provider offering healthcare plans	-	Triodos Investment Management	65/100
8th	Sidecar Health 2018, El Segundo (United States), Series D	Online health insurance platform for individuals and businesses	$328M	Morpheus Ventures, Cathay Innovation & 16 others	64/100
9th	Future Family 2001, San Francisco (United States), Series B	Provider of fertility financing, coaching, and support services	$45.4M	Mindset Ventures, OurCrowd & 30 others	61/100
10th	CareSource 1989, Dayton (United States), Funding Raised	Healthcare focused insurance brokerage firm	-	Welsh, Carson, Anderson & Stowe	61/100