Duos Raises $130M in Growth Equity

Duos has successfully raised $130M in a Growth Equity at a $600M valuation led by FTV Capital.

Company Overview

Duos is a HealthTech company headquartered in Minneapolis, MN, founded in 2020 with 300+ employees.

Digital health platform for Medicare-focused patient care

Fundraising Details

• Amount Raised: $130M
• Round Type: Growth Equity
• Valuation: $600M
• Date: 2025-10-08
• Investors: FTV Capital

About Duos

Digital health platform for Medicare-focused patient care The company is positioned in the HealthTech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Minneapolis, MN
• Founded: 2020
• Team Size: 300+
• Industry: HealthTech

What This Means

This funding round demonstrates strong investor confidence in Duos's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The HealthTech sector continues to attract significant investment as companies innovate to meet evolving market demands. Duos's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $600M valuation marks an important milestone for Duos, positioning the company among notable players in the HealthTech industry.

Looking Ahead

With this new capital, Duos is well-positioned to execute on its growth strategy and continue building innovative solutions in the HealthTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2025-10-08. For more information about Duos, visit their headquarters at Minneapolis, MN.