About Omada Health
Omada Health is a company based in San Francisco (United States) founded in 2011 by Sean Duffy. It operates as a HealthTech, and Subscription Services. Omada Health has raised $450.12 million across 12 funding rounds from investors including Fidelity Investments, Kaiser Permanente and Cigna Healthcare. Omada Health has completed 1 acquisition, including Physera. Omada Health offers products and services including Omada for Diabetes, Omada for Hypertension, Omada for Prevention & Weight Health, and Omada for Joint & Muscle Health. Omada Health operates in a competitive market with competitors including DarioHealth, Welldoc, Wellthy Therapeutics, Pear Therapeutics and Spiras Health, among others.
- Headquarter San Francisco, United States
- Founders Sean Duffy
- Stage Public
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Omada Health, Inc.
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Annual Revenue
$169.8 M38.29as on Dec 31, 2024
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Net Profit
$-47.14 M30.18as on Dec 31, 2024
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EBITDA
$-38.85 M36.88as on Dec 31, 2024
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Total Equity Funding
$450.12 M (USD)
in 12 rounds
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Latest Funding Round
$192 M (USD), Series E
Feb 23, 2022
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Investors
Fidelity Investments
& 30 more
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Employee Count
Employee Count
- Investments & Acquisitions
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IPO & Listings of Omada Health
Omada Health is a publicly listed company on the NASDAQ with ticker symbol OMDA in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Omada Health
Omada Health offers a comprehensive portfolio of products and services, including Omada for Diabetes, Omada for Hypertension, Omada for Prevention & Weight Health, and Omada for Joint & Muscle Health. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Diabetes management is supported through personalized coaching and devices.
Blood pressure control is facilitated with coaching and monitors.
Weight loss is encouraged through coaching and smart scales.
Pain relief is provided via therapy and exercise kits.
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Funding Insights of Omada Health
Omada Health has successfully raised a total of $450.12M across 12 strategic funding rounds. The most recent funding activity was a Series E round of $192 million completed in February 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 12
- Last Round Series E — $192.0M
- First Round First Round
- Investors Count 31
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series E - Omada Health | Valuation | Fidelity Investments | |
| May, 2020 | Amount | Series D - Omada Health | Valuation | Perceptive Advisors |
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| Oct, 2019 | Amount | Series D - Omada Health | Valuation | Intermountain Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Omada Health
Omada Health has secured backing from 31 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Fidelity Investments, Kaiser Permanente and Cigna Healthcare. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in healthcare are focused on by aMoon.
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Founded Year | Domain | Location | |
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Health-tech companies are targeted for venture capital investments.
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Founded Year | Domain | Location | |
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Venture capital is provided to health tech and biology innovations.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Omada Health
Omada Health has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Physera. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Physiotherapy app for musculoskeletal care is provided.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Omada Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Omada Health Comparisons
Competitors of Omada Health
Omada Health operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as DarioHealth, Welldoc, Wellthy Therapeutics, Pear Therapeutics and Spiras Health, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Chronic conditions are managed via a personalized digital platform.
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| domain | founded_year | HQ Location |
Mobile health products for chronic disease management are offered.
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| domain | founded_year | HQ Location |
Health monitoring app is provided for chronic patients and providers.
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| domain | founded_year | HQ Location |
Pear Therapeutics provides cloud-based digital solutions for managing chronic health conditions effectively.
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| domain | founded_year | HQ Location |
Asthma and COPD symptoms are managed through clinical services.
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| domain | founded_year | HQ Location |
Provider of teleconsultation and digital therapeutic software for employees and patients
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Omada Health
Frequently Asked Questions about Omada Health
When was Omada Health founded?
Omada Health was founded in 2011.
Where is Omada Health located?
Omada Health is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Omada Health?
Sean Duffy is the current CEO of Omada Health. They have also founded this company.
Is Omada Health a funded company?
Omada Health is a funded company, having raised a total of $450.12M across 12 funding rounds to date.
What is the annual revenue of Omada Health?
Annual revenue of Omada Health is $169.8M as on Dec 31, 2024.
What does Omada Health do?
Omada Health is engaged in delivering virtual care programs aimed at managing chronic conditions such as diabetes, hypertension, and musculoskeletal issues. Services are provided to individuals and organizations including employers and health plans. Personalized care plans, health coaching, and connected devices are utilized to support health goals. The platform is designed to streamline care across multiple conditions, ensuring sustainable outcomes and cost savings. Sectors served include digital health with a focus on integrated care pathways and innovative health solutions.
Who are the top competitors of Omada Health?
Omada Health's top competitors include Welldoc, Wellthy Therapeutics and DarioHealth.
What products or services does Omada Health offer?
Omada Health offers Omada for Diabetes, Omada for Hypertension, Omada for Prevention & Weight Health, and Omada for Joint & Muscle Health.
Is Omada Health publicly traded?
Yes, Omada Health is publicly traded on NASDAQ under the ticker symbol OMDA.
How many acquisitions has Omada Health made?
Omada Health has made 1 acquisition, including Physera.
Who are Omada Health's investors?
Omada Health has 31 investors. Key investors include Fidelity Investments, Kaiser Permanente, Cigna Healthcare, Providence Health & Services, and Humana.
What is Omada Health's ticker symbol?
The ticker symbol of Omada Health is OMDA on NASDAQ.
What is Omada Health's valuation?
The valuation of Omada Health is $1B as of Feb 2022.