✉news BusinessStartups first seen 21 h ago, last 5 h ago, peak #13
Devoted Health raises $1.2 billion to fuel expansion
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 pushes to grow its business. The Massachusetts-based insurer, which sells Medicare Advantage plans, is one of the larger private fundraises in the sector this year. The round signals continued investor appetite for tech-driven healthcare companies despite a tougher funding climate for startups.
Why now: The sheer size of the funding round makes it a notable signal for healthcare startup investing.
Rank over time, top of the chart is #1. 13 snapshots from 21 h ago to 5 h ago.
Evidence
- Insurer startup Devoted Health raises $1.2B as it revs up growth · Endpoints News
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