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Founded Year

2011

Stage

Debt | Alive

Total Raised

$529.67M

Valuation

$0000 

Last Raised

$80M | 2 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-5 points in the past 30 days

About Omada Health

Omada Health operates as a digital behavioral medicine company. It offers behavioral counseling using insights about social networking, gaming, and behavioral sciences. The company primarily serves sectors such as employers, health plans, benefit consultants, and health systems & providers. It was founded in 2011 and is based in San Francisco, California.

Headquarters Location

500 Sansome Street Suite 200

San Francisco, California, 94111,

United States

888-987-8337

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Omada Health's Product Videos

ESPs containing Omada Health

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Healthcare & Life Sciences / Digital Therapeutics & Wellness Tech

The chronic disease & lifestyle management market offers solutions to individuals and healthcare providers looking to manage and prevent chronic diseases and promote healthy lifestyle behaviors. These solutions typically include software platforms or mobile applications that provide tools for monitoring health metrics, setting goals, tracking progress, and receiving personalized coaching and educa…

Omada Health named as Leader among 15 other companies, including Teladoc Health, Verily, and Vida Health.

Omada Health's Products & Differentiators

    Omada for Diabetes

    Omada closes gaps in care to help members with diabetes prevention and co-morbidities. Comprehensive care path and team support provided to members by health coaches certified through CDC-affiliated Diabetes Training and Technical Assistance Center (DTTAC), condition-specific peer groups and communities, and virtual physician visits.

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Expert Collections containing Omada Health

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Omada Health is included in 7 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,249 items

D

Digital Health 50

300 items

The most promising digital health startups transforming the healthcare industry

T

Tech IPO Pipeline

282 items

Track and capture company information and workflow.

F

Future Unicorns 2019

50 items

D

Digital Health

11,082 items

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

T

Telehealth

2,919 items

Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.

Omada Health Patents

Omada Health has filed 9 patents.

The 3 most popular patent topics include:

  • finite automata
  • human communication
  • models of computation
patents chart

Application Date

Grant Date

Title

Related Topics

Status

11/5/2012

Diabetes, Obesity, Nutrition, Diets, Cytokines

Application

Application Date

11/5/2012

Grant Date

Title

Related Topics

Diabetes, Obesity, Nutrition, Diets, Cytokines

Status

Application

Latest Omada Health News

Did You Know About Amazon’s Health Condition Programs? What This Means for Users

Oct 24, 2024

Too Long; Didn't Read A new chapter in Amazon's move into the healthcare industry is upon us — Health Condition Programs. Here's what users should know. Amazon has been salivating at the multitrillion-dollar United States healthcare market since 2018. Although Amazon Health played a vital role in public health during the pandemic, most still don’t view it as a disruptor. A new chapter in the American conglomerate’s move into the industry is upon us — Health Condition Programs. How does this initiative fit into the tech titan’s grand healthcare plan? It’s anybody’s guess. I can only speculate about the countless scenarios surrounding the interplay between Health Condition Programs and Amazon’s diverse solutions. However, the real question we should all be asking is — will it buck the trend of the organization’s cybersecurity, patient safety, and privacy scandals? A Treasure Trove of Patient Data On paper, Health Condition Programs aim to encourage millions of Americans to maximize their unused healthcare features. This mission has merit because over the employee benefits they signed up for. Many American adults might be unaware that they can receive care to manage chronic conditions — such as diabetes and hypertension — between doctor visits at no extra cost to them. Enrolling in these programs allows insured individuals to maximize their coverage and squeeze more value out of the rising premiums or contributions they shoulder. In practice, Health Condition Programs enable the Andy Jassy-led all-encompassing empire to grow its patient data repository by tens of millions. This offering’s coverage check involves eligibility verification, necessitating personal data collection. Enrollees must share their legal name, date of birth, employer’s name, insurer's name, email address, and other sensitive information. This will determine whether their insurance plan or employee benefits cover health programs Amazon’s partners offer. After confirming an applicant is covered, Amazon Health directs the patient to third-party digital health companies — the actual virtual care providers — to complete registration and program enrollment. While Amazon may say it stops collecting personal data after a coverage check, it may still follow patients beyond that point. This Big Tech firm is , so I would be more surprised if it doesn’t monitor the rest of an enrollee’s telehealth journey through a backdoor. Connected devices are notable program features that covered individuals can access. Continuous glucose monitor sensors, blood sugar meters, blood pressure monitors, and smart scales generate personalized quantitative data that A Slowly Expanding Network As disturbing as it is to think that Amazon could acquire bits and pieces of millions of medical records under the table through its Health Condition Programs, this multinational’s reach is proportional to its network’s size. As of October 2024, only two digital health companies have participated — Omada Health and Talkspace. Omada specializes in diabetes prevention, weight management, and hypertension care, while Talkspace delivers virtual therapy and psychiatric care. Between the two, insured Americans can choose from only three programs. It’s unclear why Amazon Health could only ink two partnerships in nine months — a departure from the online retail behemoth’s “Get Big Fast” mantra. I bet telehealth providers would move mountains to be in this exclusive club, so Amazon must have been overly selective about its partners for reasons unknown. Only time will tell if Amazon will bring more digital health companies into its fold sooner rather than later. A safe guess is that it would prioritize partner diversity to prevent cannibalization and harvest data with variety. A New Piece to the Amazon Health Care Strategy Puzzle Amazon plays the long game. For all we know, it might envision itself as the savior of health care — the ultimate medical data synthesizer the sector sorely needs. It’s impossible to connect all the dots when many of them haven’t come to light. Still, recognizing this offering’s potential value to this tech colossus isn’t brain surgery. If Health Condition Programs gain currency and the number of participating digital health companies on the network balloons, the company will better understand our health needs. These insights can be the rising tide that lifts the boats in the Amazon Health sub-ecosystem and other related subsidiaries. A quick thought experiment would reveal that more program enrollees could increase Amazon One Medical’s in-person visits. Health Condition Programs almost always require a prior medical diagnosis. Health care professionals on the network — health coaches, licensed therapists and psychiatrists, nutritionists, dieticians, and personal care specialists — could help train AWS HealthScribe with large volumes of recordings. The aim would be to churn out error-free transcripts and clinical notes consistently. The company could expand Alexa’s footprint by integrating its partners’ services into the voice assistant. It’s a tried-and-true move, as evidenced by the in 2022. Prescriptions from digital health companies can also boost Amazon Pharmacy’s sales. Analyzing mountains of medical data can shed light on the usual indicators of events that can endanger patients’ lives. Tech-forward hospitals have taken this route. They proved it’s feasible to predict signs of upcoming acute events — which increase the chances of patient mortality — early enough to address them before they happen. Amazon can do the same thing for people living with chronic diseases. It can mobilize Whole Foods to make healthier food options more widely available to those who need them most. Accessible healthy grocery items empower chronically ill individuals to meet their unique nutritional needs and keep symptoms manageable. Are Health Condition Programs a Scandal Waiting to Happen? Amazon’s venture into health care has been riddled with controversies. In 2023, hackers successfully victimized more than 19,000 PillPack customers, stealing their names, residential addresses, phone numbers, and email addresses. About

Omada Health Frequently Asked Questions (FAQ)

  • When was Omada Health founded?

    Omada Health was founded in 2011.

  • Where is Omada Health's headquarters?

    Omada Health's headquarters is located at 500 Sansome Street, San Francisco.

  • What is Omada Health's latest funding round?

    Omada Health's latest funding round is Debt.

  • How much did Omada Health raise?

    Omada Health raised a total of $529.67M.

  • Who are the investors of Omada Health?

    Investors of Omada Health include Armentum Partners, dRx Capital, Civilization Ventures, Perceptive Advisors, Wellington Management and 30 more.

  • Who are Omada Health's competitors?

    Competitors of Omada Health include Healthify, Better Therapeutics, Twill, Wellthy Therapeutics, Vida Health and 7 more.

  • What products does Omada Health offer?

    Omada Health's products include Omada for Diabetes and 3 more.

  • Who are Omada Health's customers?

    Customers of Omada Health include Castell and Federated Insurance.

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