Omada Health Closes $192M Series E Financing

Omada Health

Omada Health, a San Francisco, CA-based chronic care integrated healthcare provider, closed a $192m Series E funding round.

The round was led by Fidelity Management & Research Company with participation from aMoon, existing investors Perceptive Advisors, Wellington Management, Civilization Ventures, and others.  

The company intends to use the funds to:

  • Accelerate hiring at all levels
  • Accelerate technological roadmap for care and coaching personalization to further improve on delivering better health outcomes
  • Increased investment in the Omada Insights Lab

Led by Sean Duffy, co-founder and CEO, Omada Health is a digital health company providing cardiometabolic digital chronic care programs. It focuses on behavior change and insights-driven coaching, across critical clinical areas for employers and health plans. It currently serves 1,700+ customers and 550,000 members.

The company also announced an expansion of its executive team and Board of Directors with the appointment of Taylor Harris as a new Board member, Nancy Vitale as Chief People Officer and Sunil Kayiti as Chief Technology Officer.

FinSMEs

23/02/2022