Omada Health, a San Francisco, CA-based a digital care program, raised $73m in funding.
The round was led by Wellington Management Company LLP., with participationf from previous investors Cigna Ventures, Andreessen Horowitz, U.S. Venture Partners, Norwest Venture Partners, Kaiser Permanente Ventures, Sanofi Ventures, Civilization Ventures, and Providence Ventures.
The company will use the funding to accelerate the continued expansion of its digital care program, including support for those with type 2 diabetes and hypertension, as well as those dealing with anxiety and depression.
Led by CEO and co-founder Sean Duffy, Omada Health delivers an integrated experience that adapts to participants’ health needs, and personalizes their journeys to create the best health outcomes. Working primarily through works more than 600 employers and health plans across all 50 states, the company delivers personalized interventions for individuals at risk for, or dealing with, type 2 diabetes and hypertension, as well as anxiety and depression. Combining data-powered human coaching, connected devices, proprietary technology platform, and curriculum tailored to an individual’s specific conditions and circumstances, Omada has enrolled more than 250,000 participants to date.
Partners include Cigna, Kaiser Permanente, Health Care Services Corporation (HCSC), Blue Cross Blue Shield Minnesota, and other leading health plans.
FinSMEs
26/06/2019