Today, DUOS announces an additional $10 million in funding led by Primetime Partners, SJF Ventures, and CEOC’s Aging Innovation Fund managed by Castellan Group. This investment supports DUOS’ rapid customer growth and, combined with DUOS’ $15 million Series A round in April 2022, brings the company’s total funding raised to date to more than $33 million.
Since its launch in 2020, DUOS has expanded its original human-powered service model for solving aging needs to provide a full suite of technology and engagement products for health plans, providers, and employers. Tapping into over 100,000 different MA plan benefits and more than $30 billion in unclaimed public benefits , the DUOS System of Aging identifies the right plan benefit, community resource or government program, at the right time, thereby driving increased member satisfaction in older adults, reducing stress and burden on caregivers, and addressing critical care gaps for health plans.
“Our north star remains, and has always been, to solve the needs of aging adults. The investments in technology and tooling that we’ll make with this additional funding are all in the interest of supercharging those efforts: more needs identified and resolved, more individuals feeling both supported and independent,” said Karl Ulfers, co-founder and CEO of DUOS. “The fact that staying laser focused on our mission also yields meaningful value for our health plan and employer partners makes the work even more compelling.”
To learn more about how this funding will fuel the next phase of DUOS' growth, read the full press release here.
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