Company Overview
About Omada Health
Omada Health is a San Francisco-based digital health company founded in 2012 that offers virtual-first care programs for chronic conditions including prediabetes, Type 1 and Type 2 diabetes, hypertension, and musculoskeletal disorders. The platform combines human health coaches, licensed clinical practitioners, and connected devices—including cellular-enabled scales and continuous glucose monitors—with behavior science and clinical protocols to deliver personalized, data-driven care at scale. Omada describes its approach as "Compassionate Intelligence," integrating human relationships with AI-driven personalization.
Business Model & Competitive Advantage
Omada partners with over 2,000 employers and health plans to deploy its programs as a covered benefit, reaching 679,000 active members as of March 2025. Its distribution model is B2B2C: employers and insurers contract with Omada, which then delivers care directly to their employees and members. Amazon Health Services selected Omada as its first virtual chronic care partner in early 2024, providing meaningful channel access to Amazon's employer and consumer health platforms.
Competitive Landscape 2025–2026
Omada completed its IPO on the Nasdaq Global Market in June 2025, pricing at $19 per share under ticker symbol OMDA and debuting with a 21% first-day gain. The company reported 2024 revenue of $170 million—up 38% from $123 million in 2023—with Q1 2025 revenue of $55 million representing 57% year-over-year growth. Net losses narrowed from $67.5 million in 2023 to $9.4 million in Q1 2025, reflecting improving unit economics as the business scales.
Key Differentiators
Strong Challenger
Omada Health is an established challenger with significant market presence and competitive offerings in Healthcare.
Frequently Asked Questions
Estimated Visibility Trend (Beta)
Simulated 8-week rolling score
Based on estimated brand signals. Historical tracking coming soon.
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