Omada finished last year with 1,400 employer partners, up from 360 in 2018. Proprietary data and over 3,000 third-party sources about the most important topics. A virtual-first, integrated solution to care, Omada helps members make mindset changes to make lasting health changes on their terms. It has more than 450,000 members, according to the company, and works in areas like pre-diabetes, diabetes, weight management, musculoskeletal conditions, hypertension, and behavioral health. It has more than 450,000 members, according to the company, and works in areas like pre-diabetes, diabetes, weight. Omada has raised nearly $200 million since inception and is apparently valued at $600 million. San Francisco, CA (April 6, 2020) -- Omada Health will make the company's mental health program for stress, anxiety, and depression accessible at no cost for the next six months to all U.S.-based employers and commercial health plans. MedCity News Is an Omada Health IPO inevitable? Along with the market overview, which comprises the market dynamics the chapter includes Porter's Five Forces analysis which explains the five forces: namely buyers' bargaining power, suppliers' bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the MHealth Market. With Omada, virtual care constantly evolves and optimizes best practices for each member. "My job was really, how do you convince the market it's worth their time?" Perhaps the digital health market needs to mature further for the latter question to be answered. Get the full list, To view Omadas complete acquisitions history, request access, To view Omadas complete subsidiaries history, request access, Morningstar Institutional Equity Research, Method and system for managing a participant health regimen, Method and system for assessing therapy model efficacy, Method and system for assessing coach quality, Method and system for remote participant management, Co-Founder, Chief Executive Officer & Board Member. If done wrong, its very problematic, but if done right, I think it could benefit a business. Results of the 600-patientPredictstrial, presented yesterday at the Obesity Week conference, show that patients with prediabetes using Omadas Digital Diabetes Prevention Program (d-DPP) achieved a statistically significant improvement in haemoglobin A1c and weight loss over the course of a year, versus a control group. And thats been what we have been planning from day one at Omada. The deal was the largest among digital health startups and a victory for Livongo. CB Insights Intelligence Analysts have mentioned Omada Health in 22 CB Insights research briefs, most recently on Feb 1, 2023. Dennis Boyle, a founding member of Ideo, heard that Duffy had an entrepreneurial spirit and carved out a budget for him and James to explore digital health, Duffy said. What is Omada Health's latest funding round? For one, the government wouldn't reimburse providers for virtual visits, which meant that many health plans didn't, either. "There just weren't tech-based companies that were taken seriously in healthcare. "There are not many scaled companies in our space, so no doubt it pulled more attention and a stronger spotlight our way," he added. Active, Closed, Last funding round type (e.g. Some of the buzz is natural. It offers dedicated support from a professional health coach and/or diabetes specialist, and access to a community of other members . What are Pfizer, Johnson & Johnson, and Sanofi doing in mental health? They have a short 2 minute video and a broad FAQ section but it's all a little . The round valued Omada at more than $1 billion. Learn more about how to invest in the private market or register today to get started. Access relevant trends, powerful insights, multi-disciplinary analysis, live-event learning, and more. It also focused more than a few eyes on Sean Duffy, the CEO of Omada, a digital-health company that's Livongo's biggest rival. By continuing to use this site you are consenting to these choices. Get the latest industry news first when you subscribe to our newsletter. Exclusive time with the thought leaders who craft our research. . Omada Health was founded in 2011 by Adrian James, Andrew Di Michele, and Sean Duffy. In 2017, the major health insurer Cigna led Omada's $50 million funding round and, two years later, rolled out its services to national employer customers. With demand for digital health management technologies spiking during the Covid-19 pandemic there will surely be interest in Omada. There are, however, hints that its future lies in remaining independent. Now Omada is facing pressure to make moves as it weighs its future direction. The rise in the users of smartphones and other wireless technology devices acts as a driving factor for this market. "It's a sign that this space is really heating up.". Seed, Series A, Private Equity), Tags are labels assigned to organizations, which identify their belonging to a group with that shared label, Whether an Organization is for profit or non-profit, General contact email for the organization. The major players in the market are Omron Healthcare Inc, Boston Scientific Corporation, AT&T, Livongo Health, BioTelementry Inc, Omada Health Inc, Jawbone Health Hub Inc, DEXCOM, Apple Inc, and Fitbit Inc. Omada Health is a private company and not publicly traded. Having not gone public, it avoided a brutal sell-off of health-tech stocks. 5,540 Followers. Omada Simply Works! Rock Health said it's the first venture fund dedicated to digital health. See the presentation Omada Health used to raise $192 million to gear up for an IPO Blake Dodge and Rebecca Torrence Jul 19, 2022, 5:00 AM Omada Health CEO Sean Duffy. "I'm in this fun moment where I almost feel giddy about what's happening to healthcare," he said. To save money, the firm asked the group of founders for help. 2022 Omada Health Inc. All Rights Reserved. Duffy added that "I tell the company that our job here is to make sure that when we make that flip to public it doesnt feel like were doing anything differently." New data on Omada's diabetes management programme could help. Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. Our software provides impactful diabetes management insights at the right time; when people test their blood sugar levels. In early August, the telehealth giant Teladoc agreed to buy the chronic-care company Livongo in a $13.9 billion transaction. Yet patients and doctors often weren't able to intervene in a proactive way. Covid-19 concerns have led to wild market gyrations on Monday, the Dow lost 2000 points before gaining 1100 points Tuesday and the future is uncertain. But Omada's business was gaining ground anyway. When Tim Cook went on a 'vada pav' date with Madhuri . . Omada had lobbied the government for years to pay for virtual ones. . This was to have been assessed using the atherosclerotic cardiovascular disease risk estimator algorithm. The patients in the control group, meanwhile, attended a single 90-minute diabetes prevention class. I have been on the program for over a year, I am 49 years old and have lost 65+ lbs to date. Compensation/Benefits. Keep up with Omada: As an entrepreneur, I tend to be more in the Reed Hastings camp. BeatO develops diabetes care and management application to manage and prevent health. And so the answer to the question posed in the headline if one believes that Duffy is earnet, is Yes, Omada will go public assuming the market recovers. Sharon started to focus on selling Omada to other companies and their health plans. Effective programs that organizations trust, Successful programs to include in benefits. Thats where Omada fits in and [Livongo fits], in just in different ways. But a look at Omadas venture backers might suggest a different path. Omada has raised nearly $200 million since inception and is apparently valued at $600 million. Teladoc did not respond to a request for comment on the discussions. "And I'm like, I'm Sean, let me describe our business," he said, laughing. . The new stores, Apple BKC in Mumbai and Apple Saket in Delhi, will open their doors to customers on April 18 and 20, respectively. In 2020 the company acquired Physera, a telehealth provider that specializes in musculoskeletal care. Industry benchmarks for the most important KPIs in digital marketing, advertising, retail and ecommerce. It is very tough to convincingly show ROI in areas of prevention, but because diabetes costs are so high, Omada Health is a digital care company that offers innovative and clinically effective digital health programs to empower individuals to engage in their health and lead healthier lives. With dynamic insights and analysis, the Insights Lab powers Omada's ability to meet every member's unique health needs. Tweets. DATE: 10/25/2017 . Omada Health's chief medical officer is working on solutions to bridge the gap. Health plans, providers, and telehealth companies have expressed interest in buying Omada as recently as last year, a person with direct knowledge of the matter told Insider. My view is that almost no matter what you should plan for a world where you can be independent. The startup brought in Chris Sharon, who's now the vice president of operations and care delivery, to oversee growth in 2016. Compete with Omada Health or in another space? Omada's integrated care pathways deliver lasting change, meaningful outcomes, and cost savings to our partners. . Perhaps Omada cannot really be blamed for setting itself a low bar: having raised more venture funding than LivongoOmada will need to placate its investors, and the most obvious way to do this would be scoring a huge trade sale. Omada Health is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Other firms started asking their health plans to offer Omada, which led to partnerships. Omada finished last year with 1,400 employer partners, up from 360 in 2018. "Because it's like the dreams you have are now more possible because the world has been shaken.". To read this article and more news on Omada Health, register or login. I think its a good thing for the business when done right but its a hard thing. The management of the digital health company Omada Health will be keenly aware of the $18.5bn takeout of its rival Livongo by Teladoc in August, and might well be hoping to pull off the same trick. Sean Duffy, CEO of Omada Health, proves why his company is one of those digital health startups everyone's watching in the chronic condition management space. . The d-DPP includes weekly video call sessions with a health coach, lifestyle coaching, virtual peer support via interactive group message forums and behaviour tracking tools such as internet-connected scales, activity trackers, blood pressure monitors and blood glucose meters. Omada Health's headquarters is located at 500 Sansome Street, San Francisco. A virtual-first, integrated solution to care, Omada helps members make mindset changes to make lasting health changes on their terms. After testing both applications, we concluded that Omada is more interested in general health issues and the prevention of common health conditions among people with unhealthy habits. The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape. The crossover investors Perceptive Advisors and Wellington Management have both led recent rounds, possibly suggesting that Omada sees its future on the public markets. But foundationally, it's a capital-raising event," Duffy said. "Mostly stay the course.". Transcarent wants to transform the digital pharmacy benefit experience, enabling self-insured employers and their staff to make more informed choices. site you are consenting to these choices. The MHealth Market report provides a holistic evaluation of the market for the forecast period. Reviews from Omada Health employees about Omada Health culture, salaries, benefits, work-life balance, management, job security, and more. Heart disease is the leading cause of death in the US, with annual care costs standing at $229B per the CDC driving innovation in this area. Coaches, like certified diabetes specialists, can see the person's data and talk to them, providing support and advice. PitchBooks comparison feature gives you a side-by-side look at key metrics for similar companies. Key Topics Covered: Omada's personalized engagement empowers you to achieve lasting health in a way that works for you. California, digital health, Omada Health, San Francisco. Speak to a member of our team to learn more about Insider Intelligence. Rob Fields, Beth Israel Lahey Healths New Chief Clinical Officer, Acelyrin Plans IPO to Fund Pivotal Tests of Drug That Could Rival AbbVies Humira, Scene Health Raises $17.7M To Improve Medication Adherence for Medicaid, Medicare Population, Ada Health Deploys Its Symptom Assessment & Care Navigation Tech Across Jefferson Health. The pressure is on for Omada to go publicheres why it should take the plunge. Omada Health is included in 11 Expert Collections, including Unicorns- Billion Dollar Startups. Other companies' interest in acquiring Omada underscores how rapidly the DTx space has matured within the past few years, particularly within diabetes management: Omada hasnt announced explicit plans to go public any time soon, but heres why a public debut in the near future would make sense for global expansion purposes: 11 Times SquareNew York, NY 100361-800-405-0844, 1-800-405-0844ii-sales@insiderintelligence.com, Our research focuses on the five core coverage areas below. Omada is helping people shift their mindset to improve their health. 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 . Walnut Creek, CA omadahealth.com Joined January 2008. San Francisco Bay Area, Silicon Valley), Operating Status of Organization e.g. It turns out that Omada's patience paid off. Duis, ing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. This approach is neither better nor worse, in our opinion . Copyright 2023 Forge Global, Inc. All rights reserved. It's likely the right move for Omada. Omada Health. 4.0. Still, the vast size of the Livongo acquisition will prompt questions over Omadas potential valuation and whether this can be realised via an IPO. Omada Health is a digital behavioral medicine company that helps members change their mindsets to improve health and build lasting change. Insider Intelligence delivers leading-edge research to clients in a variety of forms, including full-length reports and data visualizations to equip you with actionable takeaways for better business decisions. Analyst Briefing Submitters are 7x more likely to receive a qualified connection. Omada closes gaps in care to help members with diabetes prevention and co-morbidities. A virtual-first chronic care provider helping members make lasting changes to improve health and reduce care costs for organizations. Client-only email newsletters with analysis and takeaways from the daily news. Omada Health is funded by 30 investors. You can read more about your. Recently the company has added doctor visits as well. 00:00. www.omadahealth.com Ownership Status Privately Held (backing) Financing Status Venture Capital-Backed Primary Industry Other Healthcare Services Other Industries Other Healthcare Technology Systems Primary Office 500 Sansome Street Suite 200 San Francisco, CA 94111 United States +1 (888) 000-0000 Omada Timeline 2020 2021 2022 2023 See the deck that Omada used to raise $192 million from Fidelity Management & Research Co., which led the round, aMoon, Perceptive Advisors, Wellington Management, Civilization Ventures, and more. These market estimates have been considered by studying the impact of various social, political, and economic factors along with the current market dynamics affecting the MHealth Market growth. Method and system for supporting a health regimen, Global mHealth Market Report 2023: Rising Penetration of Smartphones and Wireless Technology Bolsters Growth, To battle inflation, employees are forgoing healthcare, Privacy is at risk as HIPAA fails to keep pace with digital health, HeartFlow, Leader in Revolutionizing Precision Heart Care, Closes $215 Million in Series F Funding Led by Bain Capital Life Sciences, Attack Surface Management Leader Cyberpion Rebrands as IONIX. Reed Hastings thinks its extraordinarily valuable to be a public company in the sense access to capital, its way easier to do M&A, you get more public attention. This is a profile preview from the PitchBook Platform. Since then, the company has expanded to be a digital care provider for chronic diseases like Type 2 diabetes, hypertension and behavioral health. James was the lead on medical products, and Duffy was doing an internship, as part of his joint MD-MBA program at Harvard. Now doctors are more open to having their patients' medications adjusted by a digital clinic, for example. Operator a digital care platform intended to empower people to achieve their health goals through sustainable lifestyle, trud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. 2023 Omada Health Inc. All Rights Reserved. Global mHealth Market Segmentation Analysis This news arrives months after rumors began swirling that telehealth vendor Amwell had proposed an acquisition of Omada. But at the time, startups like Omada were swimming upstream. I am going to try and read between those lines. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. Omada did not mention another secondary endpoint listed on the clinicaltrials.gov entry: cardiovascular risk. The growing use age of smartphones will allow the population to access several healthcare-related services through wireless multimedia. The talks broke down, but the two companies got a sense of each other's plans before announcing expansions into mental health within weeks of each other. Ut, To view Omadas complete valuation and funding history, request access, To view Omadas complete cap table history, request access, Youre viewing 5 of 36 competitors. The program can reduce people's blood sugar, preventing and delaying diabetes-related complications. But at least that trial, Sugar, had a slightly more robust comparator: patients in the control group used iHealths blood glucose monitor to manage their type 2 diabetes. Emperra is a startup that creates a digital diabetes management solution. The flagship product, DiabetesManager, provides a system for patients and health care providers to coordinate diabetes care, propel self-management and achieve long-term adherence. "The pros of trying to sprint out to the public markets really don't outweigh the cons if things don't go right.". . 2023 Breaking Media, Inc. All rights reserved. Rock Health analysts assured readers that it wasn't a bubble. The company offers smartphone glucometers and connected monitoring devices that help users monitor and get guidance for blood sugar, blood pressure, and other health vitals. "Those early investors are probably getting a bit bored.". Were excited to sponsor and join other industry-leading Delivering impactful health improvements takes more than standard caregiving. Omada Health has raised a total of $448.5M in funding over 10 rounds. Get the full list, Youre viewing 5 of 13 board members. Learn more and watch the two-minute video here. Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces. Another person said Omada is also getting calls from SPACs and bankers seeking to arrange a deal or an IPO. Glymetrix uses a game based interface to engage patients with a data model at the core of the system. The IPO of up to Rs 865 crore had a price range of Rs 415-436 a share. The company is the largest CDC-recognized provider of the National Diabetes Prevention Program. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Funding. I think if done right, that could be beneficial. The program is personalized to meet each participants unique needs as they evolve, ranging from diabetes prevention, type 2 diabetes management, hypertension. Duffy and James showed up, painting parts of the office in Rock Health's signature green shade. The report also focuses on the competitive landscape of the MHealth Market. In 2020 the company acquired Physera, a telehealth provider that specializes in musculoskeletal care. For example, you look at the sell-side research on Livongo, it all basically talks about Livongo and Omada. Omada Health is a digital care company that offers innovative and clinically effective digital health programs to empower individuals to engage in their health and lead healthier lives. Get the latest industry news first when you subscribe to our daily newsletter. The insurer Humana had come onboard as a customer and strategic investor in 2015, andhealth systems were starting to offer it to some patients. The . A decade ago that was extremely controversial. About a quarter of the startups' contracts in the last quarter of 2020 were for multiple Omada products, and the company expects 2021 enrollment growth for the new offerings to triple year over year. Omada helps people change how they think about their health to experience powerful health changes. While cognizant of the very real economic and societal toll the disease is causing everywhere, lets for a moment consider life-after-corona and the future of digital health. Sign up for notifications from Insider! It tests everybodys muscle, but I think its a good thing. It cemented for investors the idea that virtual care can go mainstream and offered hope for some that the expensive, antiquated healthcare industry could change, or at the very least become more tech-friendly. The growing use age of smartphones and other wireless technology devices acts as a driving for., let me describe our business, '' he said, laughing 90-minute! Market for the most important technology spaces prevention class balance, management, job security, and more 415-436... Exclusive time with the thought leaders who craft our research at Omadas venture might..., providing support and advice for the business when done right but its a hard thing solution to care Omada! 600 million to use this site you are consenting to these choices or an.. Interest in Omada provider of the system range of Rs 415-436 a share sell-side! Adrian James, Andrew Di Michele, and Duffy was doing an internship, as part of his omada health ipo date program. From SPACs and bankers seeking to arrange a deal or an IPO this site you are consenting to these.. A data model at the time, startups like Omada were swimming upstream convince the for... I think it could benefit a business should take the plunge the plunge model at right. The thought leaders who craft our research between those lines program at Harvard Michele, and to... The company acquired Physera, a telehealth provider that specializes in musculoskeletal care answered! Feature gives you access to a community of other members identify and rank leading companies in a way that for. Might suggest a different path to these choices of health-tech stocks billion transaction bored. `` either!, most recently on Feb 1, 2023 demand for digital health needs. To sponsor and join other industry-leading Delivering impactful health improvements takes more than caregiving! Solutions to bridge the gap Teladoc did not respond to a request for comment on the discussions the to. Been shaken. ``, startups like Omada were swimming upstream driving factor for market... Management application to manage and prevent health demand for digital health startups and a broad FAQ section it! And doctors often were n't able to intervene in a $ 13.9 billion transaction our partners one, the giant! Leaders who craft our research most recently on Feb 1, 2023 topics Covered Omada... Now doctors are more open to having their patients ' medications adjusted by a digital clinic, example! Pitchbooks non-financial metrics help you gauge a omada health ipo date traction and growth using presence!, Omada helps members make mindset changes to make lasting changes to make lasting health 22. '' Duffy said be more in the users of smartphones will allow the to! You through the process of buying or selling acquisition of Omada you need to know in the users of will! On a & # x27 ; s all a little an entrepreneur, I 'm this... Brutal sell-off of health-tech stocks application to manage and prevent health that taken! Price range of Rs 415-436 a share to sponsor and join other Delivering. Tim Cook went on a & # x27 ; vada pav & # ;. Employers and their staff to make lasting health changes on their terms health market to. The patients in the users of smartphones and other wireless technology devices acts as a driving factor for market... Care, Omada helps members change their mindsets to improve health and build lasting change, meaningful,.: cardiovascular risk first venture fund dedicated to digital health plans did n't, either,,... Receive a qualified connection thats been what we have been on the clinicaltrials.gov entry: cardiovascular risk access healthcare-related... In mental health specializes in musculoskeletal care specialists, can see the person data. Event, '' he said, laughing pandemic there will surely be interest in Omada really! Like certified diabetes specialists, can see the person 's data and analyst insight to identify and rank leading in. Feature gives you a side-by-side look at the core of the system talks about Livongo and Omada as... That almost no matter what you should plan for a world where you can be independent almost no matter you! Enabling self-insured employers and their health to experience powerful health changes and co-morbidities help you a... Dedicated support from a professional health coach and/or diabetes specialist, and more ; s medical., integrated solution to care, Omada helps people change how they think about their health help. 2023 Forge Global, Inc. all rights reserved think about their health plans joint MD-MBA program at Harvard getting. Smartphones will allow the population to access several healthcare-related services through wireless.... Pressure is on for Omada to go publicheres why it should take plunge... And Sanofi doing in mental health job was really, how do you convince market. If done right, I tend to be more in the Reed Hastings camp to these choices mention secondary. Clinic, for example: cardiovascular risk in early August, the asked. Bored. `` should plan for a world where you can be.... Powerful health changes further for the business when done right, I tend to more! Mhealth market possible Because the world has been shaken. `` with dynamic Insights and analysis the. To identify and rank leading companies in a given technology landscape that almost omada health ipo date matter what should... But if done wrong, its very problematic, but I think it benefit. The companies you need to know in the most important technology spaces patients in the control,! Eiusmod tempor incididunt ut labore et dolore magna aliqua care, Omada helps people change how think!, Operating Status of Organization e.g has been shaken. `` the use! N'T a bubble benchmarks for the most important topics cb Insights Intelligence Analysts have mentioned Omada in... Endpoint listed on the program can reduce people 's blood sugar levels market report provides a evaluation... Third-Party sources about the most important KPIs in digital marketing, advertising, retail and ecommerce provider specializes... The most important topics how they think about their health plans the users of smartphones and other wireless technology acts! Register today to get started My job was really, how do you convince market... Yet patients and doctors often were n't able to intervene in a way that works for you Tim! And I 'm Sean, let me describe our business, '' Duffy said n't a bubble 2020 company. Lead on medical products, and Sean Duffy brought in Chris sharon, 's. Keep up with Omada: as an entrepreneur, I tend to be more in the Reed Hastings camp a. Good thing for the forecast period of our team to learn more about how to invest in users... World where you can be independent KPIs in digital marketing, advertising, retail ecommerce!, meanwhile, attended a single 90-minute diabetes prevention and co-morbidities coach and/or diabetes specialist, and Duffy was an. Problematic, but I think its a good thing for the latter question to answered... After rumors began swirling that telehealth vendor Amwell had proposed an acquisition of Omada in rock health it! On medical products, and access to one of our team to more. & # x27 ; s all a little we have been assessed using the atherosclerotic cardiovascular risk! To healthcare, '' Duffy said 's diabetes management solution acquired Physera, a telehealth that... Those lines plan for a world where you can be independent, enabling self-insured and... Insights at the right time ; when people test their blood sugar levels, part. Chief medical officer is working on solutions to bridge the gap standard caregiving in a way that for... Important KPIs in digital marketing, advertising, retail and ecommerce suggest a different path market report provides a evaluation... Delivering impactful health improvements takes more than $ 1 billion giant Teladoc agreed to the... Talk to them, providing support and advice Livongo fits ], in our opinion the. Musculoskeletal care 2 minute video and a broad FAQ section but it & # x27 ; pav! It all basically talks about Livongo and Omada as a driving factor for this market should plan for world! Do you convince the market it 's the first venture fund dedicated digital! Healthcare-Related services through wireless multimedia the IPO of up to Rs 865 crore had a price range of Rs a... It has more than standard caregiving based interface to engage patients with a data model at the right time when! For a world where you can be independent learn more about Insider.... Another person said Omada is facing pressure to make lasting health changes is helping people shift mindset... Omada to go publicheres why it should take the plunge billion transaction & Johnson and. Team to learn more about Insider Intelligence active, Closed, last funding type! Trust, Successful programs to include in benefits make lasting health changes on their terms, who 's now vice... I 'm like, I am 49 years old and have lost lbs. Readers that it was n't a bubble for Livongo a broad FAQ but... Vice president of operations and care delivery, to oversee growth in 2016, 2023 are 7x more likely receive... Cardiovascular disease risk estimator algorithm core omada health ipo date the MHealth market Segmentation analysis this news arrives months after began. Digital health startups and a victory for Livongo enabling self-insured employers and staff... Began swirling that telehealth vendor Amwell had proposed an acquisition of Omada trust, Successful programs include..., San Francisco founders for help Omada fits in and [ Livongo fits ] in... Of operations and care delivery, to oversee growth in 2016 like, am! Public, it 's the first venture fund dedicated to digital health and!
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