Omada Health Valued at $1 Billion-Plus in Fidelity-Led Round
- VC firm aMoon, existing investors also join $192 million round
- CEO Sean Duffy says digital health firm not rushing toward IPO
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Omada Health, a digital health firm that helps with chronic conditions, has reached a valuation of more than $1 billion after a funding round led by Fidelity Management & Research Co., according to the company’s chief executive officer.
The San Francisco-based company raised $192 million in a series E round from new investors including Fidelity and Israel-based venture firm aMoon, as well as existing investors including Perceptive Advisors, Wellington Management and Civilization Ventures, according to a statement reviewed by Bloomberg News.