What is DUOS?
Founded in 2020, DUOS addresses the critical social needs of older adults by connecting them with dedicated personal assistants, known as "Duos." These assistants are instrumental in maximizing members' independence through the cultivation of high-trust, long-term relationships. DUOS coordinates community resources and collaborates with families, health plans, and providers to deliver holistic and personalized support, aiming to enhance the quality of life for seniors.
How much funding has DUOS raised?
DUOS has raised a total of $155M across 3 funding rounds:
Series A
$15M
Other Financing Round
$10M
Private Equity
$130M
Series A (2022): $15M with participation from Imaginary Ventures, Forerunner Ventures, Declaration Partners, and Optum Ventures
Other Financing Round (2023): $10M led by SJF Ventures, Primetime Partners, and Aging Innovation Fund
Private Equity (2025): $130M supported by Forerunner Ventures and FTV Capital
Key Investors in DUOS
Forerunner Ventures
Forerunner Ventures partners with founders to build category-defining companies at the intersection of technology and human behavior, focusing on emerging trends and consumer demands.
Declaration Partners
Declaration Partners LP is an investment company providing private equity, financial services, and investment management, founded in 2017 and based in New York.
Optum Ventures
Optum Ventures invests in early-stage companies poised to disrupt the status quo and make healthcare better for everyone.
What's next for DUOS?
The substantial enterprise-level capital infusion, culminating in $155M, positions DUOS for significant scaling and market expansion. The recent strategic investment signals strong confidence from backers in DUOS's innovative model for elder care. This backing is expected to fuel further development of its digital health platform, enhance its network of personal assistants, and broaden its reach to serve a larger demographic of older adults. The company is poised to solidify its position as a leader in technology-driven solutions for aging in place and comprehensive senior support.
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