Devoted Health, a startup Medicare Advantage plan, raised $175 million in series E funding.
According to a Dec. 29 news release from Devoted, the company now has over 140,000 members and expanded to serve 13 states in 2023. Devoted was founded in 2017.
The Waltham, Mass.-based insurer was the fastest growing Medicare Advantage startup in 2022, according to Chartis.