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Omada Health
↗San Francisco, USA
Omada Health is a virtual-first healthcare provider that focuses on chronic disease management and behavioral health. The company uses a combination of human-led care teams, connected health devices, and AI-powered technology to deliver personalized care pathways for conditions including prediabetes, type 2 diabetes, hypertension, obesity, and musculoskeletal (MSK) issues.
Founded in 2011, Omada partners with employers, health plans, and health systems to provide scalable, evidence-based interventions that aim to improve health outcomes and reduce healthcare costs. The company is known for its focus on sustainable behavior change and has been a pioneer in digital therapeutics and virtual care integration.
CLASSIFICATION
Company Type:Digital Health
Therapeutic Areas:
Industry:Digital Health
Sub-Industry:Chronic Care Management / Digital Therapeutics
SIZE & FINANCIALS
Employees:501-1000
Revenue:$260M
Founded:2011
Ownership:public
Status:operating
FUNDING
Stage:Public
Total Raised:$450M
Investors:Fidelity Investments, Andreessen Horowitz, Wellington Management, Perceptive Advisors, aMoon, Civilization Ventures, Cigna Ventures, Kaiser Permanente Ventures, Sanofi Ventures, Norwest Venture Partners
STOCK
Exchange:NASDAQ
Ticker:OMDA
Market Cap:$0.84B
PIPELINE
Stage:Commercial
Lead Drug Stage:N/A
Modalities:Digital Therapeutics, Virtual Care, Behavioral Health Coaching
Active Trials:0
Trial Phases:-
FDA Approvals:0
EMA Approvals:0
CORPORATE STRUCTURE
Subsidiaries:Physera Physical Therapy Group, PC
Key Partnerships:Evernorth (Digital Health Formulary), Particle Health (Interoperability), Various Health Plans and Employers
COMPETITION
Position:Leader
Competitors:Welldoc, Wellthy Therapeutics, SidekickHealth
LEADERSHIP
Key Executives:
Sean Duffy - Co-Founder & CEO
Thomas Tsang - Chief Medical Officer
Wei-Li Shao - President
Scientific Founders:Sean Duffy, Adrian James, Andrew DiMichele
LINKS
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