Tech-enabled Medicare Advantage company Devoted Health closed a $1.15 billion Series D funding round led by Uprising and SoftBank Vision Fund 2.
The round was led by Uprising, with SoftBank Vision Fund 2 co-leading with the largest investment. Also participating in the round were returning investors GIC, Andreessen Horowitz, Premji Invest, Maverick, Frist Cressey Ventures, and NextView Ventures and new investors ICONIQ Growth, General Catalyst, the Base10 Advancement Initiative, and Emerson Collective.
The company will close on $80 million in additional Series D funding at a later date to accommodate a current investor. With that amount, Devoted Health will have raised a total of $1.23 billion in Series D funding and $1.99 billion to date. Read more.
