Follow The Money: 10 VC Investments to Watch In April


Omada

Headquarters: San Francisco

CEO: Sean Duffy
New Funding: $23 million
Round: B
Backers: Andreessen Horowitz, Kaiser Permanente Ventures, U.S. Venture Partners, The Vertical Group

San Francisco-based Omada Health has raised $23 million for its digital health therapy programs, which are specifically designed to help people with Type 2 diabetes deal with their condition. In particular, Omada Health works to bridge the gap between traditional medicine and new technologies. The flagship treatment Prevent, a 16-week Web program, is piquing the interest of insurance providers, who might cover the program costs. The latest investment brings the company's total funding raised to $28.5 million.