DUOS, a technology-enabled service provider, has raised $130 million to expand its platform to more health plans across the country, it announced on Thursday.
The Minneapolis-based company supports patients and their caregivers by addressing health-related social needs and connecting members to care. Once contracted with a health plan, DUOS reaches out to eligible members via text, email or mail to inform them of the benefit and invite them to enroll. Members can then share their top social and care-related needs — such as access to food or transportation — and DUOS connects them with relevant resources and providers based on their coverage, location and individual circumstances.
The $130 million in funding was led by FTV Capital and included participation from Forerunner Ventures. In