DEVOTED HEALTH Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Devoted Health

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Devoted Health Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	5241 Insurance Carriers
Additional NAICS Codes	52414
Address	221 Crescent Street, Suite 202 Waltham, MA 02453 devoted.com

Note: Revenues for privately held companies are statistical evaluations.




Devoted Health's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
• What industry is the company in?

Devoted Health Annual Revenue and Growth Rate

Devoted Health	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Devoted Health's revenues are gauged from an analysis of company filings.

Investor Activity

Devoted Health has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date	Investors	Percent Raised	Target Size
October 20, 2017	23	100%	$62 MM
Complete list of funding rounds and total amounts in the Company Report

Devoted Health's Income Statement (based on Industry Averages)

	$ Millions (Industry Average)
Devoted Health Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Trademark Applications

Trademark applications show the products and services that Devoted Health is developing and marketing. Devoted Health doesn't have any recent trademark applications, indicating Devoted Health is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
ORINOCO Platform as a services (PAAS) featuring computer software platforms for use in health care operations, customer relationship management (CRM), health care management, and health care service coordination; providing a website featuring online non-downloadable software for use in health care operations, customer relationship management (CRM), health care management, and health care service coordination; providing a website featuring online non-downloadable software for collecting, editing, tracking, organizing, modifying, transmitting, viewing, storing and sharing of data and information regarding healthcare operations, customer relationship management (CRM), care management, and service coordination; providing a website featuring online non-downloadable software for coordination, provision and management of medical, physical, social, personal care and psychological services	01/16/2020
DEVOTED Case management services, namely, coordination of medical, physical, social, personal care and psychological services for seniors; case management services, namely, coordination of medical, physical, social, personal care and psychological services for seniors by connecting patients to telemedicine service or community paramedic services	04/10/2018

See all trademarks and details in the Full Report.

Recession Risk

Determine whether Devoted Health grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Devoted Health is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.

Market Share of Devoted Health's Largest Competitors

A competitive analysis shows these companies are in the same general field as Devoted Health, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
CENTRUM VALLEY HOLDINGS	Clarion, IA	100
ELEVANCE HEALTH	Indianapolis, IN	44
SECURIAN LIFE INSURANCE	Saint Paul, MN	33
ATH HOLDING	Indianapolis, IN	31
HUMANA	Louisville, KY	30
STATE FARM MUTUAL AUTOMOBILE INSURANCE	Bloomington, IL	26
AMALGAMATED LIFE INSURANCE COMPANY EMPLOYEE BENEFIT FUND	White Plains, NY	25
PRUDENTIAL INSURANCE	Newark, NJ	24
AMERICAN INTERNATIONAL GROUP	New York, NY	13

Nearby Competitors

These companies are similar in business line and location to Devoted Health. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
SUN LIFE FINANCIAL U.S. SERVICES	Wellesley Hills, MA	100
DEVOTED HEALTH	Waltham, MA	66
DELAND GIBSON INSURANCE ASSOCIATES	Wellesley Hills, MA	2
CONNIE HEALTH	Brookline, MA	1
FRIELING INSURANCE AGENCY	Wellesley, MA	0
ANCHOR INSURANCE GROUP	Newton, MA	0

Future Competition: Devoted Health's Fastest Growing Competitors

These companies are in the same general field as Devoted Health and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)