Devoted Health has raised $2.26 billion across multiple funding rounds, including its largest: a $1.2B Series D in 2021 led by SoftBank Vision Fund. The company strengthened its Medicare Advantage expansion through two Series E rounds totaling $287M, with participation from GIC, Maverick Ventures, Cox Enterprises, and The Space Between. Earlier funding from Venrock, a16z, and Uprising Ventures helped Devoted scale operations, care delivery infrastructure, and tech-enabled customer support. With a valuation of $12.6B (Oct 2021), Devoted Health remains one of the most heavily funded healthcare payer-tech companies in the U.S.