Omada Health is a company.
Omada Health has raised $266.8M across 6 funding rounds.
Key people at Omada Health.
Omada Health has raised $266.8M in total across 6 funding rounds.
Omada Health has raised $266.8M in total across 6 funding rounds.
Omada Health's investors include aMoon Fund, Maverick Capital, Refactor Capital, Bowery Capital, DST Global, Flybridge Capital Partners, Founder Collective, Owl Ventures, Seven Seven Six, South Park Commons, The Hit Forge, Trucks Venture Capital.
Key people at Omada Health.
Omada Health is a leading virtual-first digital health platform that delivers evidence-based programs for preventing and managing chronic conditions like diabetes, hypertension, prediabetes, obesity, musculoskeletal issues, and cardiometabolic diseases.[1][2][5][6] It serves employers, health plans, and health systems—reaching over 1 million members—by providing personalized coaching, behavioral science-driven tools, educational content, and community support to inspire lasting health changes and reduce chronic disease burdens.[2][3][4][5] The company's growth includes milestones like achieving full CDC recognition as the largest digital diabetes prevention program provider in 2015 and surpassing 1,000 customers with 50 million weigh-ins by 2019, demonstrating strong momentum in scalable virtual care.[1]
Founded in 2011 in San Francisco, California, Omada Health emerged from a vision to leverage technology, behavioral science, and data analytics for scalable chronic disease prevention and management.[1][2][4] The founding belief, as articulated by early backers like Norwest Venture Partners, centered on digital programs rooted in behavioral science to "bend the curve" on chronic conditions, starting with programs for high-prevalence issues like type 2 diabetes.[7] Key early traction came from partnerships with major employers and health plans such as Costco, Cigna, Humana, and Kaiser Permanente, building a user base exceeding 100,000 individuals by the mid-2010s; pivotal moments include 2015 CDC recognition and rapid customer expansion.[1][4]
Omada stands out in digital health through these key strengths:
Omada rides the wave of virtual care and digital therapeutics, capitalizing on post-pandemic shifts toward scalable, tech-enabled chronic care amid rising U.S. chronic disease prevalence (e.g., diabetes affecting millions).[1][2] Timing aligns with healthcare demands for cost-effective alternatives to in-person visits, bolstered by evidence from CDC-recognized programs and partnerships with giants like Cigna, positioning Omada to influence payer models and employer wellness.[1][4] Market forces like behavioral health integration, data-driven personalization, and comorbidities (e.g., cardiometabolic) favor its model, as it transforms fragmented care into proactive ecosystems, reducing burdens on traditional systems.[2][5][6]
Omada is poised for expansion in cardiometabolic and behavioral health programs, potentially deepening AI integration for predictive coaching and global reach beyond U.S. employers.[2][5][6] Trends like value-based care, rising obesity/diabetes rates, and hybrid virtual models will propel growth, with upcoming catalysts like the February 2026 earnings announcement signaling financial scrutiny amid a negative P/E ratio.[2] Its influence may evolve toward ecosystem leadership, bending chronic disease curves through sustained innovation—echoing its founding mission to free people from chronic illness via accessible, science-backed tools.[3][7]
Omada Health has raised $266.8M across 6 funding rounds. Most recently, it raised $190.0M Series E in February 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2022 | $190.0M Series E | aMoon Fund, Maverick Capital | |
| Sep 1, 2015 | $48.0M Series C | Refactor Capital | |
| Apr 1, 2014 | $23.0M Series B | Refactor Capital | |
| Mar 1, 2013 | $5.0M Series A | Bowery Capital, DST Global, Flybridge Capital Partners, Founder Collective, Owl Ventures, Seven Seven Six, South Park Commons, The Hit Forge, Trucks Venture Capital, Union Square Ventures, Zinc, Joshua Schachter, Richard Branson, Sam Altman, Steve Martocci | |
| Dec 1, 2011 | $800K Seed | Greycroft, SV Angel, Don Hutchison | |
| Apr 1, 2011 | $20K Seed | Bowery Capital, DST Global, Flybridge Capital Partners, Founder Collective, Owl Ventures, Seven Seven Six, South Park Commons, The Hit Forge, Union Square Ventures, Zinc, Joshua Schachter, Richard Branson, Sam Altman, Steve Martocci |
