Vida Health Raises $110M in Series D Funding

Vida Health, a San Francisco, CA-based virtual chronic care platform, raised $110M in its Series D funding.

The round was led by General Atlantic and joined by Centene, AXA Venture Partners (AVP), and Ardea Capital Partners, as well as returning investors Ally Bridge Group, Yahoo founder Jerry Yang’s AME Cloud Ventures, Aspect Ventures, Canvas Ventures, Guidewell, NGP Capital, and Workday Ventures.

The company intends to use the funds to continue expanding its network of clinicians, mental health coaches, dietitians, and licensed therapists and deepen its machine learning capabilities, and broaden its commercial efforts.

Led by Stephanie Tilenius, founder and CEO, Vida Health is a virtual care platform designed to treat a person’s whole health by treating mental and physical conditions, together. The company’s clinically validated approach combines an AI-powered, personalized experience with the support and human connection of coaches and therapists. Vida’s app offers video sessions, messaging, and digital content to help people prevent, manage, and reverse chronic conditions — like diabetes and hypertension — and the mental conditions that accompany them — like stress, depression, and anxiety.

Two of the most used products on the platform help treat Type 2 Diabetes and mental health. There are more than 400,000 people with diabetes who currently have access to services. 

Clients include employers like Boeing, Visa, Cisco, and eBay, along with some of the country’s largest health plans like Centene, Humana, and Blue Cross Blue Shield plans.

FinSMEs

05/05/2021