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The Vertical Group
Investing for Innovation

Omada Health Raises $73 Million to Accelerate Program Expansion

6/26/2019

 
Via: PR Newswire
Digital Care Leader's Integrated Program Supports Individuals Dealing with Chronic Disease, Mental Health Issues

SAN FRANCISCO, June 26, 2019 /PRNewswire/ -- Omada Health today announced a $73 million round of funding led by Wellington Management Company LLP. Wellington Management is an independent investment firm with more than $1 trillion of client assets under management. Omada will use the funding to fuel 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.

Omada works with more than 600 employers and health plans across all 50 states, delivering an integrated experience that adapts to participants' health needs, and personalizes their journeys to create the best health outcomes. Omada's dedicated coaches guide each individual throughout the program, achieving unparalleled engagement and sustainable behavior change. Omada's proprietary coaching platform enables them to deliver personalized interventions at scale. The company proved the model for digital care as the nation's largest CDC-recognized provider of the National Diabetes Prevention Program, and has now launched programs over the last twelve months for diabetes self-management, as well as anxiety and depression, to holistically address individuals' health needs.

Read More: https://www.prnewswire.com/news-releases/omada-health-raises-73-million-to-accelerate-program-expansion-300874939.html


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