SAN FRANCISCO & BLOOMFIELD, Conn.--(BUSINESS WIRE)--Building on the largest enrollment quarter in the company’s history, Omada Health today announced a $50 million fundraising round led by global health services leader Cigna (NYSE: CI). In addition to leading the fundraising round, Cigna will also grow its non-exclusive commercial partnership with Omada, adding the recognized Omada Program to Cigna’s suite of health improvement services. Joining the Cigna-led fundraising round were new investors Civilization Ventures and Sanofi Genzyme BioVentures.
As part of the expanded commercial collaboration, eligible Cigna-administered health plan customers may have no-cost access to Omada’s digital intensive behavioral counseling platform as a fully covered preventive benefit in the carrier’s health improvement program portfolio. The Cigna-Omada Initiative will incorporate Omada’s data-driven, evidence-based digital behavioral counseling program and be available to Cigna customers with prediabetes, as well as those at elevated risk of chronic conditions such as heart disease and hypertension.
Read More: http://www.businesswire.com/news/home/20170614005208/en/Omada-Health-Raises-50-Million-Led-Cigna
Via: Business Wire