/Companies

Omada Health

NASDAQ: OMDAUnicorn · $1.1B

San Francisco, US · Founded 2011 · Delaware corporation · 994 employees on LinkedIn · 25 known investors

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Omada Health provides virtual-first, integrated care programs for chronic disease management, delivered as data-driven solutions for employers, health plans, and healthcare organizations. The company develops digital diabetes prevention programs, musculoskeletal care, and behavior change interventions to reduce healthcare costs and improve health outcomes.

Also known as Omada · Omada Health, Inc.

Founders & leadership

Omada Health was founded in 2011 by Andrew DiMichelle, Adrian James, and Sean Duffy.

AD
Andrew DiMichelleCo-founder
AJAdrian James
Adrian JamesCo-Founder2020–2023
SDSean Duffy
Sean DuffyCo-Founder & CEOSean Duffy founded Omada Health, a digital health company providing virtual care programs for chronic disease management including diabetes prevention, musculoskeletal care, and behavior change interventions for employers and health plans. As CEO, he has led the company through achieving digital-specific clinical coding recognition and value-based payment integration.
WSWei-Li Shao
Wei-Li ShaoPresidentWei-Li Shao spent 18 years at Eli Lilly and Company before joining Omada Health as President in 2019, where he leads digital health initiatives for chronic disease management. He holds Bachelor of Science degrees in biochemistry and molecular biology from the University of Wisconsin-Madison and an MBA from Indiana University's Kelley School of Business.
SCSteve Cook
Steve CookChief Financial OfficerSteve Cook is a finance executive who has held chief financial officer roles at public companies, with experience in strategic finance, capital markets, investor relations, and mergers and acquisitions across subscription and consumption-based business models.
AD
Andrew DiMicheleFounder

Board

JRJonathan Root
Jonathan RootBoard directorGeneral Partner at US Venture Partners
CDCasper De Clercq
Casper De ClercqBoard DirectorGeneral Partner at Norwest Venture Partners
BSBalaji Srinivasan
Balaji SrinivasanBoard directorAngel investor and founder of The Network School
TCTony Chou
Tony ChouBoard directorGeneral Partner at The Vertical Group

Investors · 25

aMoonlisted by aMoonRa'anana

How we know: aMoon's portfolio page · a partner's Signal profile · Not right? Tell us

Balaji Srinivasanreported$10K – $500K

How we know: deep research dossier: balaji-srinivasan · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$71.5M disclosed across 2 of 4 rounds · 2014–2020

▶$48.7MraisedOct 2015 · 16 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Jonathan RootDirector
  • Casper De ClercqDirector
  • Andrew DiMichelleExecutive Officer, Director
  • Adrian JamesExecutive Officer, Director
  • Sean DuffyExecutive Officer, Director
  • Balaji SrinivasanDirector
Offering amount
$48.7M
Amount sold
$48.7M
First sale
Jul 2015
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$22.9MraisedJun 2014 · 12 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Adrian JamesExecutive Officer, Director
  • Andrew DiMichelleExecutive Officer
  • Sean DuffyExecutive Officer, Director
  • Jonathan RootDirector
  • Tony ChouDirector
Offering amount
$23M
Amount sold
$22.9M
First sale
Apr 2014
Incorporated
Corporation, Delaware, 2011
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Valuation · disclosed

Disclosed events
$1.1Bvaluation at IPOJun 2025 · $19.00/share · 424B4
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Omada Health operates virtual care programs that combine human coaching, connected health devices and structured curricula to support people managing chronic cardiometabolic and musculoskeletal conditions. Members are typically enrolled through an employer or health plan, and access the programs through the Omada mobile app and a member web portal.

The company's offerings are organized into condition-specific programs: Omada for Diabetes, Omada for Hypertension, Omada for Prevention & Weight Health, and Omada for Joint & Muscle Health. Each program pairs a member with a care team, which may include a health coach, a clinical specialist, Certified Diabetes Care and Education Specialists (for the diabetes and hypertension programs), or a licensed physical therapist for the musculoskeletal program. Members receive a welcome kit with connected devices appropriate to their program, such as a smart scale, blood pressure monitor or glucose meter, plus supplies such as continuous glucose monitor sensors, test strips and lancets for diabetes participants, or an exercise kit for the joint and muscle program. Program elements include a personalized care plan, weekly interactive lessons, progress tracking, peer community support, and integration of member data with their primary care provider.

Business model

Omada contracts with employers and health plans, which cover the programs for their members or employees. The prevention, diabetes and hypertension programs are offered at no cost to covered members, while the Joint & Muscle Health program is subject to plan deductibles, copays and co-insurance. Connected devices in the welcome kit are provided at no cost to the member and are theirs to keep.

Traction

The company states that more than 1,900 organizations have enrolled, that over 25 million messages have been exchanged between care teams and members, that customer satisfaction for its cardiometabolic programs exceeds 90%, and that more than $1,000 is saved per member in the first year.

▸Full profile — market position, technology, go-to-market

Market position

Omada positions itself as a leader in virtual care for chronic condition management, spanning cardiometabolic conditions and digital musculoskeletal care.

Technology

The programs are delivered through the Omada app and web application, supported by connected smart devices such as scales, blood pressure monitors, glucose meters and continuous glucose monitors that sync member data to the care team. The platform also supports asynchronous messaging, video visits with licensed physical therapists, weekly digital lessons, progress tracking and an online peer community, and shares data with a member's primary care provider.

Go-to-market

Members are enrolled via custom Omada web pages set up for each employer or health plan, following an eligibility check and a short clinical application; support is also provided by email and a toll-free phone line.

Employers and health plans as purchasers, and their covered employees and members living with or at risk of diabetes, prediabetes, hypertension, excess weight, or joint and muscle pain including persistent lower back and neck pain.

Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Customer satisfaction, cardiometabolic programsJan 202490%
HeadcountAug 2026994
Messages between care team and membersJan 202425,000,000 messages
Organizations enrolledJan 20241,900 organizations
Savings per member in first yearJan 2024$1K

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

9 people who came through Omada Health went on to found or lead other companies.

Non-dilutive funding · 1 SBIR/STTR award

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase I2013$195.7K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

Acquisitions · 1

Early investors' stakes continue via these deals
Physera

Physera (part of Omada Health) provides virtual musculoskeletal (MSK) care through a nationwide network of licensed physical therapists, offering personalized treatment plans, in-app messaging, and computer vision-based range-of-motion tracking. The program serves employers' workforces to address preventive, ergonomic, chronic, and acute joint and muscle conditions.

Legal entities · 1

corporate structure
Omada HealthDelaware

In the news

▸Research sources · 1

primary sources listed

1 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Omada Health do?
Omada Health delivers virtual care programs for diabetes, hypertension, weight health and musculoskeletal conditions.
Who founded Omada Health?
Omada Health was founded by Andrew DiMichelle, Adrian James, Sean Duffy in 2011.
Who are Omada Health's investors?
Omada Health's investors include aMoon, Andreessen Horowitz, Blackbird Ventures, Canvas Ventures, Civilization Ventures Management, Llc, Designer Fund, Ensemble Labs, Founder Collective and 17 more.
How much funding has Omada Health raised?
Omada Health has disclosed $71.5M raised across 2 of its 4 known rounds.
Where is Omada Health headquartered?
Omada Health is headquartered in San Francisco, US.