Fenwick & West represented Omada Health, a digital care program that empowers people to achieve their health goals through sustainable lifestyle change, in its $73 million round of funding led by Wellington Management Company LLP. Also participating in the round were previous investors Cigna Ventures, Andreessen Horowitz, U.S. Venture Partners, Norwest Venture Partners, Kaiser Permanente Ventures, Sanofi Ventures, Civilization Ventures and Providence Ventures.
Omada will use the funding to fuel the continued expansion of its digital care program, including support for those with type 2 diabetes and hypertension, as well as those dealing with anxiety and depression. More information about Omada Health’s $73 million round of funding to accelerate program expansion can be obtained from the company press release.
The Fenwick transaction team was led by corporate lawyers Michael Esquivel, Ryan McRobert, Noah Johnson and Michael Ohta.