✉news BusinessStartups first seen 13 h ago, last 4 min ago, peak #13
Devoted Health raises $1.2 billion to fuel growth
Original: Insurer startup Devoted Health raises $1.2B as it revs up growth
Health insurance startup Devoted Health has raised $1.2 billion in new funding as it moves to scale up its business. The company, which sells Medicare Advantage plans, is one of the larger fundraising rounds in the insurance technology sector this year. The round underscores continued investor interest in startups challenging legacy US health insurers.
Why now: The size of the funding round makes it one of the biggest startup raises recently, drawing attention to the Medicare Advantage insurance market.
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- Insurer startup Devoted Health raises $1.2B as it revs up growth · Endpoints News
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