Duos Secures $15M in Series A Funding

duos

$15M Series A funding was provided to Duos, a New York-based company that specializes in digital health.

The round was led by Imaginary Ventures, with participation from Forerunner Ventures, Declaration Partners, and Optum Ventures.

The company plans to use the funds for technology advancements and to expand its operations.

Duos, led by Karl Ulfers, is a digital company that focuses on the health and wellbeing of older adults. It works with families, providers, and health plans to provide holistic, personal support.

Its System of Aging uses a mix of technology and the human touch to connect older adults and their caretakers to a network of service providers to help members with their social needs, care navigation needs, and physical aging needs – enabling older adults to receive transportation, food delivery, healthcare appointments and a multitude of additional services. Duos identify and address individual needs for older adults through technology and interpersonal communication. Each member is also assigned a “Duo,” a dedicated person responsible for facilitating the System, providing companionship, and making sure tasks are complete.

It has partnered already with Magellan Healthcare, Geisinger Healthcare Plan and other regional and national payors in California, Arizona and Nevada. This partnership will make DUOS as accessible as possible to all. In 2022, the company will announce more partnerships.

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