✉news BusinessStartups first seen 2 h ago, last 59 min ago, peak #15
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 accelerates growth. The Massachusetts-based company, which sells Medicare Advantage plans, is one of the larger fundraising rounds in the insurance technology sector and signals continued investor appetite for startups challenging established US health insurers.
Why now: The size of the funding round makes it one of the biggest recent raises by an insurtech startup, drawing attention to the sector.
Rank over time, top of the chart is #1. 2 snapshots from 2 h ago to 59 min ago.
Evidence
- Insurer startup Devoted Health raises $1.2B as it revs up growth · Endpoints News
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