Vida Health

Vida Health

Personalized healthcare programs using technology

About Vida Health

Simplify's Rating
Why Vida Health is rated
A+
Rated A on Competitive Edge
Rated A+ on Growth Potential
Rated A on Rating Differentiation

Industries

AI & Machine Learning

Healthcare

Company Size

501-1,000

Company Stage

Late Stage VC

Total Funding

$216.5M

Headquarters

San Francisco, California

Founded

2014

Overview

Vida Health provides personalized healthcare programs for various conditions such as diabetes, obesity, depression, and hypertension. The company combines human-centered care with technology, employing registered dietitians, physicians, expert coaches, and therapists who connect with clients through video chats. This personal interaction is enhanced by customized digital interventions and educational content, which are tailored to each member's needs using machine learning and data from devices like glucose monitors and fitness trackers. What sets Vida apart from its competitors is its pay-for-performance model, where the company only receives payment if it successfully helps clients improve their health outcomes. This commitment to delivering results has led to improved medication adherence, weight loss, and reduced depression among users. Vida's goal is to provide effective and personalized healthcare solutions that lead to better health for individuals and enterprises.

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Simplify's Take

What believers are saying

  • Partnerships with Quantum Health and Amwell expand Vida's reach in weight management.
  • Preliminary results show effective obesity solutions with less than 10% needing GLP-1s.
  • Collaboration with Outrigger Resorts enhances employee benefits with personalized diabetes management.

What critics are saying

  • Increased competition from platforms like Omada Health and Livongo threatens market share.
  • Data privacy concerns arise from integrating multiple third-party devices and apps.
  • Reliance on partnerships may risk financial stability if outcomes are not met.

What makes Vida Health unique

  • Vida Health combines AI-powered personalization with human coaching and therapy.
  • The company offers a pay-for-performance model, ensuring accountability for health outcomes.
  • Vida Health integrates with over 100 devices and apps for comprehensive health tracking.

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Funding

Total Funding

$216.5M

Above

Industry Average

Funded Over

5 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-4%
Business Wire
Mar 20th, 2025
Quantum Health Partners with Vida Health to Launch New GLP-1 Weight Management Solution as Part of Company's Premier Pharmacy Navigation Platform

Quantum Health partners with Vida Health to launch New GLP-1 Weight Management Solution as part of company's Premier Pharmacy navigation platform.

Hit Consultant
Mar 20th, 2025
Quantum Health Launches New Glp-1 Solution For Employers

What You Should Know:– Quantum Health, a provider of healthcare navigation and care coordination, has announced the expansion of its Premier Pharmacy platform to offer self-insured employers a new GLP-1 weight management solution.– The GLP-1 offering, powered by Vida Health, aims to optimize prescribing patterns, improve clinical outcomes, and provide comprehensive member support for weight loss.Growing Demand for GLP-1 MedicationsThe need for effective weight management solutions is evident. An August 2024 employer survey by the Business Group on Health revealed that 79% of employers have seen increased interest in weight management medications, including GLP-1s. While 96% of employers cover GLP-1s for diabetes, 67% are expanding coverage to include weight management, raising concerns about long-term cost implications for 96% of employers. Quantum Health’s approach focuses on managing drug utilization patterns to align treatment with individual needs, ensuring the effective and responsible use of these medications.Vida Health PartnershipVida Health serves as the provider partner, ensuring members receive evidence-based, clinically appropriate prescriptions. The program emphasizes holistic behavior change and less intensive anti-obesity medications (AOMs) before progressing to GLP-1s. Notably, only 14% of members begin on GLP-1s, compared to the industry average of 40-50% in unmanaged care settings.Core elements of Quantum Health’s new GLP-1 weight management solution powered by Vida include:Navigating member commitment: Providing benefits education and clinical assessments to evaluate readiness for change.Providing benefits education and clinical assessments to evaluate readiness for change

Hit Consultant
Jan 15th, 2025
Amwell & Vida Health Partner To Expand Virtual Cardiometabolic Care Offerings

What You Should Know:– Amwell (NYSE: AMWL), a provider of digital health solutions, announced a new partnership with Vida Health, a virtual cardiometabolic care provider.– The strategic collaboration expands Amwell’s clinical program portfolio, offering a comprehensive suite of cardiometabolic care services to its extensive network of health plans and employers.Addressing the Cardiometabolic Health CrisisOver 40% of American adults struggle with obesity, a major risk factor for developing diabetes, heart disease, and cancer. The combined cost of obesity and diabetes to the U.S. healthcare system exceeds $500 billion annually.The new program, Amwell Cardiometabolic Care Powered by Vida, provides members with access to:Obesity management: Personalized support for weight loss and healthy lifestyle changes.Personalized support for weight loss and healthy lifestyle changes. Diabetes prevention and management: Evidence-based programs to prevent and manage diabetes.Evidence-based programs to prevent and manage diabetes. Behavioral health support: Integrated mental health services to address the emotional and psychological aspects of chronic conditions.Vida Health’s Comprehensive ApproachVida Health’s services are integrated into the Amwell platform, complementing existing virtual primary care, urgent care, and behavioral health programs. Vida’s unique approach includes:Personalized care: Tailored programs based on individual needs, preferences, and social factors.Tailored programs based on individual needs, preferences, and social factors

Hit Consultant
Jan 15th, 2025
Amwell & Vida Health Partner to Expand Virtual Cardiometabolic Care Offerings

- Amwell (NYSE: AMWL), a provider of digital health solutions, announced a new partnership with Vida Health, a virtual cardiometabolic care provider.

Mortgage Strategy
May 21st, 2024
Vida enhances BTL limited edition fixes

Vida has added limited edition buy-to-let (BTL) products across individual BTL units and houses of multiple occupancy/multi-use building (HMO/MUB) properties.

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