With $300M in new funding, Devoted Health launches its Medicare Advantage plan in Florida [TechCrunch Blog]
Athena Technology Acquisition Corp. Class A (ATHN)
Last athena technology acquisition corp. class a earnings: 11/9 04:01 pm
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Source: TechCrunch Blog
Devoted Health , a Waltham, Mass.-based insurance startup, has raised a $300 million Series B and began enrolling members in eight Florida counties to its Medicare Advantage plan. The company, which helps Medicare beneficiaries access care through its network of physicians and tech-enabled healthcare platform, has raised the funds from lead investor Andreessen Horowitz, Premji Invest and Uprising. The company declined to disclose its valuation. Devoted’s founders are brothers Todd and Ed Park — the company’s executive chairman and chief executive officer, respectively. Todd co-founded a pair of now publicly-traded companies, Athenahealth, a provider of electronic health record systems, and health benefits platform Castlight Health. He also served as the U.S. chief technology officer during the Obama Administration. Ed, for his part, was the chief operating officer of Athenahealth until 2016 and a member of Castlight’s board of directors for several yea
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