What is DUOS?
Founded in 2020, DUOS operates within the digital health and elder care technology space. The company's core offering involves pairing older adults with dedicated personal assistants, referred to as "Duos." These assistants focus on addressing the social needs of members, thereby maximizing their independence. DUOS achieves this by fostering long-term, high-trust relationships, coordinating community resources, and collaborating with families, health plans, and providers to ensure comprehensive and personalized support for its members. The company's model aims to bridge the gap in social connection and daily assistance for the aging population.
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, Optum Ventures, Forerunner Ventures, and Declaration Partners
Other Financing Round (2023): $10M led by Aging Innovation Fund, Primetime Partners, and SJF Ventures
Private Equity (2025): $130M supported by FTV Capital and Forerunner Ventures
Key Investors in DUOS
FTV Capital
FTV Capital is a growth equity investment firm that has raised billions to invest in high-growth companies offering a range of innovative solutions in enterprise technology and services, financial services, and payments and transaction processing.
Forerunner Ventures
Forerunner Ventures partners with founders to build category-defining companies at the intersection of technology and human behavior. They focus on identifying emerging technology trends and consumer demands to invest in innovative startups.
Primetime Partners
Primetime Partners is an early-stage venture capital fund focused on redefining aging and enhancing the quality of life for older adults. The company invests in innovative products, services, and experiences that cater to the longevity market.
What's next for DUOS?
With the recent influx of major strategic investment, DUOS is poised for accelerated expansion and enhanced service delivery. This capital infusion is expected to fuel further development of its digital platform, broaden its reach to more older adults, and strengthen its partnerships within the healthcare ecosystem. The company's focus on social needs and holistic support aligns with the growing demand for innovative solutions in the longevity market. Future strategic initiatives will likely involve scaling operations, refining its assistant matching algorithm, and potentially exploring new service verticals to further support aging in place.
See full DUOS company page
