Fenwick Represents Devoted Health in $175M Million Series E Financing

Fenwick represented Devoted Health, an all-in-one healthcare company for Medicare beneficiaries, delivering health insurance, virtual-first medical care, and a world-class service experience, in its $175 million Series E. The round was led by The Space Between, Highbury Holdings, GIC, Stardust Equity, Maverick Ventures, and Fearless Ventures and also included Socium Ventures, Emerson Collective, Andreessen Horowitz, The Private Shares Fund and affiliated funds, F-Prime Capital Partners, General Catalyst, and GreatPoint Ventures.

Devoted Health will use the funds to deliver on its mission to improve the health and well-being of older Americans. More information can be obtained from the company’s announcement.

The Fenwick transaction team was led by corporate partners Matt Rossiter and Thomas Kang and included associates Shweta Kumar, David Rand, Corinne Nhaissi, and Teresa Anselmo-Thai; and tax partner William Skinner and associate Aaron Liskov.