Omada Health was founded in 2011 by Adrian James, Andrew Di Michele, and Sean Duffy. CEO Duffy told Bloomberg in 2022 that while he intends to eventually take the company public, he "plans to stay independent for now...Especially given the current state of the public markets." Duffy added that "I tell the company that our job here is to make sure that when we make that flip to public it doesn’t feel like we’re doing anything differently." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Omada Health is a digital health firm that uses virtual consultations and monitoring devices to provide remote care for patients who suffer from chronic illness. In 2020 the company acquired Physera, a telehealth provider that specializes in musculoskeletal care. Omada Health has raised more than $440 million in venture capital funding from investors including Fidelity Management & Research Company, aMoon, Perceptive Advisors, Wellington Management, and Civilization Ventures. A $192 million Series E funding round brought the company's post-money valuation to more than $1 billion.

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Learn more about Omada Health

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Is Omada Health a publicly traded company?

Omada Health is a private company and not publicly traded.

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What is Omada Health's IPO price?

The IPO price for Omada Health will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in Omada Health pre-IPO?

Omada Health is privately held company and is not publicly traded, therefor investing in Omada Health pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.

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Can you sell Omada Health before it goes public?

Yes, you can seek to sell shares in Omada Health while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

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What is Omada Health's funding to date?

Omada Health has raised $459.88MM to date.
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When was Omada Health founded?

Omada Health was founded in 2011.

Who are Omada Health's major investors?

Civilization Ventures
Founder Collective
Us Venture Partners
Humana
Cigna
Sanofi Genzyme Bioventures
Designer Fund
Undisclosed Investors
Fidelity
Humana Ventures
Perceptive Advisors
The Vertical Group
Triplepoint Capital
Wellington Management
Kapor Capital
Norwest Venture Partners
Cigna Ventures
Kaiser Permanente Ventures
Providence Ventures
Healthtech Capital
Ideo Futures
Andreessen Horowitz
Rock Health
New Enterprise Associates
Sanofi-Genzyme Bioventures
U.S. Venture Partners
Amoon
Ge Ventures
Drx Capital

Omada Health funding rounds and last known valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
2/23/2022

Series E

$192MM raised $XXX.XX $XXX.XX
3/16/2021

Series D-1

$27MM raised $XXX.XX $XXX.XX
5/19/2020

Series D

$112.47MM raised $XXX.XX $XXX.XX
5/10/2017

Series C-1

$49.99MM raised $XXX.XX $XXX.XX
10/1/2015

Series C

$48.67MM raised $XXX.XX $XXX.XX
4/9/2014

Series B

$23.33MM raised $XXX.XX $XXX.XX
3/21/2013

Series A

$6.43MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Oct 9, 2024

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