D
DUOS
Helping older adults access and navigate their health-plan benefits and community resources via a digital platform
About DUOS
DUOS was co-founded in 2020 by Karl Ulfers, Jacques Anderson, and Anne-Marie Dufour. The company's inception is rooted in CEO Karl Ulfers' personal experience with the complexities of coordinating care for his aging mother, which highlighted significant gaps in the healthcare system for older adults. Before establishing DUOS, Ulfers served as a senior executive at Rally Health, a digital health company acquired by UnitedHealth Group. This background in digital health, combined with his personal journey, shaped the company's mission to address the multifaceted needs of aging individuals.
Operating within the burgeoning aging-in-place market, DUOS functions as a technology-enabled service provider. The company primarily partners with Medicare Advantage plans and other healthcare payors to offer its services as a supplemental benefit to their members. This business-to-business-to-consumer (B2B2C) model allows DUOS to integrate directly into the healthcare ecosystem. Revenue is generated through partnerships with these health plans, which pay DUOS to provide its services to their eligible older adult populations. The company aims to improve health outcomes and reduce overall healthcare costs by proactively addressing social determinants of health.
The core of the DUOS offering is a personalized assistance service that pairs older adults with a dedicated 'Duo,' a personal assistant for aging. This human-led, technology-powered service helps members navigate a wide array of non-clinical challenges that impact their well-being. Services include arranging transportation, securing reliable in-home support, navigating healthcare appointments, and accessing community resources. The company's technology platform underpins this service by aggregating data and resources, which enables the Duos to efficiently connect members with the help they need. This combination of high-touch personal support and a robust technology backbone allows the company to address systemic barriers to health literacy and care access for the elderly.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- Minneapolis, United States
- Employees
- 88
- Open positions
- None listed
- Dealroom signal
- 85.2/100
- Industry
- Health
- Sub-industry
- Health Platform
- Sector
- Health Tech & Medtech, Personal Health, Home Healthcare, Health and Wellness, Sustainable Development Goals, Tech for Patients, Silver Economy, Woman Founder, elderly care
- Business model
- Marketplace & ecommerce
- Client focus
- b2b, b2c
- Investment activity
- 1 company, latest Jun 2026
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| LATE VCOther financing | Oct 2025 | $130M | $520M | FTV Capital · Forerunner Ventures | ↗ |
| EARLY VCOther financing | Jun 2023 | $10M | $75M | SJF Ventures · Primetime Partners · Castellan Group | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for DUOS is 32K monthly website visits, down 38.5% over the last three months. DUOS's team grew 7.3% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Series A6 investors entered at this stage
Imaginary Ventures
Optum Ventures
Declaration Partners
SJF Ventures
Primetime Partners- CGCastellan Group
Series B and later1 investor entered at this stage
FTV Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about DUOS on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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