Vida Health, a San Francisco, CA-based virtual healthcare platform, raised $25m in funding.
The round was led by Ally Bridge Group (ABG), with participation from returning investors Yahoo! founder Jerry Yang’s AME Cloud Ventures, Aspect Ventures, Canvas Ventures, NGP Capital, Webb Investment Network, and Workday Ventures.
The company intends to use the funds to continue to expand operations and its business reach.
Launched in 2014 and led by CEO Stephanie Tilenius, Vida Health is a virtual care platform designed from the ground up to treat multiple chronic health conditions simultaneously, through a balance of machine learning that personalizes each person’s treatment and a human connection with real life health coaches and therapists who bring the empathy and accountability people need to reach their goals.
The services are delivered through a mobile platform that supports individuals in preventing, managing and reversing chronic conditions such as pre-diabetes, diabetes, hypertension, obesity, depression, anxiety, etc. The platform integrates deep individual expert care with data-driven technology and remote monitoring to deliver health outcomes and cost savings to employers and health plans.