MedCity News February 23, 2022
Omada got funds from two new investors – Fidelity Management & Research Company and aMoon as well as existing ones. Verily’s Onduo is bringing its virtual diabetes management platform to an integrated care delivery and health plan that has 6 million members in Pennsylvania, West Virginia, Delaware, and New York.
Omada Health, founded in 2011 with the goal to create digital diabetes management programs to prevent high-risk patients from developing the complex condition, has raised a $192 million Series E funding round. The San Francisco company announced Wednesday that the latest financing comes from Fidelity Management & Research Company with participation from aMoon. Existing investors Perceptive Advisors, Wellington Management, Civilization Ventures also contributed along with other unnamed investors.
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