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Devoted Health vs Reddit — IPO & Funding Comparison

Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.

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Some data on this page may be outdated. We're verifying.
Data for Devoted Health last verified: Sep 30, 2026. Data for Reddit last verified: Oct 6, 2026.

Funding Summary

MetricDevoted HealthReddit
Total funding$3.9B$1.3B
Latest roundSeries GIPO
Amount$450M$748M
DateJul 2026Mar 2024
ValuationUndisclosed$6.4B
Lead investorsUndisclosedPublic Markets
Metric Devoted Health Reddit
Valuation$16.5B$16.85B
Total Funding$3.9B$1.3B
IPO StatusPre-IPOPublic
SectorHealthcare TechnologySocial & Communication
StageSeries GPublic
HeadquartersWaltham, MASan Francisco, CA
CEOEd ParkSteve Huffman
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Devoted Health

Devoted Health is a tech-enabled Medicare Advantage company utilizing a proprietary AI-driven platform (Orion) to provide integrated care. As of August 2026, it serves over 285,000 seniors across 23 states.

IndustryHealthcare Technology
StageSeries G
IPO StatusPre-IPO
Valuation$16.5B
Total Funding$3.9B
HeadquartersWaltham, MA

Reddit

Social news and community platform now publicly traded on NYSE (RDDT) since March 2024.

IndustrySocial & Communication
StagePublic
IPO StatusPublic
Valuation$16.85B
Total Funding$1.3B
HeadquartersSan Francisco, CA

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Frequently Asked Questions

What is the Devoted Health vs Reddit valuation in 2026? +

Devoted Health is valued at $16.5B. Reddit is valued at $16.85B. Both figures are based on the most recent funding rounds tracked by TechStackIPO.

Which is more likely to IPO first — Devoted Health or Reddit? +

Devoted Health is currently pre-IPO. Reddit filed an S-1 in June 2026 and is actively in the IPO pipeline. Track both companies on TechStackIPO for S-1 filings, roadshow announcements, and IPO date updates.

How much has each company raised in total funding? +

Devoted Health has raised $3.9B. Reddit has raised $1.3B.

Are Devoted Health and Reddit in the same sector? +

Devoted Health operates in Healthcare Technology, while Reddit operates in Social & Communication.

What are the key differences between Devoted Health and Reddit as investments? +

Devoted Health is a Healthcare Technology company valued at $16.5B with $3.9B raised. Reddit is a Social & Communication company valued at $16.85B with $1.3B raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor access options.

How can I invest in Devoted Health or Reddit before their IPO? +

Accredited investors can access pre-IPO shares in Devoted Health and Reddit through secondary market platforms, pre-IPO funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace section tracks available access options for both companies. Pre-IPO investments carry higher risk and limited liquidity.

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