Renaissance Capital logo

Omada Health Priced, Nasdaq: OMDA

Provides digital health tools for patients with chronic conditions.

Industry: Health Care

Latest Trade: $20.09 0.00 (0.0%)

First Day Return: +21.1%

Return from IPO: +5.7%

Omada’s mission is to bend the curve. Our hope is that, one day, tomorrow’s epidemiologists will notice a bend in disease curves, wonder what might be happening, and conclude that part of that impact has been Omada. As part of that mission, we strive to inspire and enable people to make lasting health changes on their own terms. We deliver virtual care between doctor’s visits, providing an engaging, personalized, and integrated experience for our members that is designed to improve their health while delivering value for the employers, health plans, health systems, pharmacy benefit managers (“PBMs”), and other entities that cover the cost of our programs. As of 2022, more than 156 million Americans suffered from one or more chronic conditions, such as obesity, prediabetes, diabetes, hypertension, and musculoskeletal (“MSK”) conditions, and approximately 40% of U.S. adults suffered from two or more chronic conditions, based on data published in the Annals of Bioethics & Clinical Applications. Our virtual care programs are rooted in evidence and combine relationship-based, human-led clinical care with purpose-built technology. We call this approach Compassionate Intelligence. We work to develop trust with each member and use technology to help us personalize their experience, enabling us to unlock results at scale.
IPO Data
IPO Date 06/05/2025
Offer Price $19.00
Price Range $18.00 - $20.00
Offer Shares (mm) 7.9
Deal Size ($mm) $150
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Morgan Stanley
Goldman Sachs
more
Company Data
Headquarters San Francisco, CA, United States
Founded 2011
Employees at IPO 849
Website www.omadahealth.com

Omada Health (OMDA) Performance

Created with Highcharts 10.3.2Chart context menuOMDA vs. IPO Index (IPOUSA)Jun 10Jun 16Jun 24Jun 30Jul 6Jul 10Jul 16Jul 22Jul 28Aug 3Aug 7Aug 13-20%0%+ 20%-40%+ 40%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOMDAOur ETF tracks the IPO Index