Vida Health

Vida Health

Personalized healthcare programs using technology

About

Vida Health provides personalized healthcare programs targeting conditions like diabetes, obesity, depression, and hypertension. Their approach combines human-centered care with technology, employing registered dietitians, physicians, expert coaches, and therapists who connect with clients through video chats. This is enhanced by customized digital interventions and educational content, along with machine learning to tailor each member's experience using data from devices like glucose monitors and fitness trackers. What sets Vida apart from competitors is its pay-for-performance model, where fees are contingent on achieving health outcomes, ensuring they only get paid if clients see improvements. The goal of Vida Health is to effectively support individuals in managing their health conditions while also serving enterprise clients such as employers and health insurance plans.

Company Stage

Late Stage VC

Employees

501-1,000

Industries

AI & Machine Learning, Healthcare

Total Funding

$210.6M

Headquarters

San Francisco, California

Founded

2014


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Simplify's Take

What believers are saying

  • Growing demand for holistic health solutions boosts Vida Health's market potential.
  • Partnerships with companies like Amwell expand Vida Health's service offerings.
  • Increased employer investment in digital health aligns with Vida Health's business model.

What critics are saying

  • Rising competition in digital health could impact Vida Health's market share.
  • Dependence on partnerships may pose risks if collaborations do not succeed.
  • Regulatory changes in telemedicine could require adjustments to Vida Health's operations.

What makes Vida Health unique

  • Vida Health combines mental and physical health treatment in a single platform.
  • The company offers a pay-for-performance model, ensuring accountability for health outcomes.
  • Vida Health integrates AI and human support for personalized healthcare experiences.

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Growth & Insights
Headcount

6 month growth

-4%

1 year growth

-2%

2 year growth

-4%

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