Vida Health, Inc.

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Vida Health, Inc. - overview

Established

2014

Location

San Francisco, CA, US

Primary Industry

Healthcare

About

Founded in 2014 and based in San Francisco, US, Vida Health, Inc. develops a telemedicine platform that provides physical and behavioral health coaching services remotely through a mobile application. The company was founded by Connie Chen, Jono Chang, and CEO Stephanie Tilenius. In April 2020, Vida Health, Inc.


raised USD 25 million in venture funding led by new investor Ally Bridge Group, and also, in May 2021, raised USD 110 million in series D funding led by new investor General Atlantic. Vida Health provides a virtual care platform designed to treat a person’s whole health by treating mental and physical conditions together. The platform offers video sessions, messaging, and digital content to help people prevent, manage, and reverse chronic conditions like diabetes and hypertension, and mental conditions like stress, depression, and anxiety. The platform is also capable of integrating with other health tracking and fitness apps and devices using a machine learning engine to provide customized content for patients.


Vida also sells devices in bundles that include contraptions such as heart-rate monitors, scales, blood pressure cuffs, activity trackers, glucometers, and more. Vida Health generates revenue by providing subscription plans to consumers in three payment options: USD 79 per month, USD 199 pre-paid for 3 months, and USD 699 pre-paid for 1 year. As of 2020, the company has around 1. 4 million users and its client base mostly consists of enterprises where its platform is offered as part of a company’s health care benefits.


Vida Health, Inc. plans to expand its machine learning capabilities, broaden its commercial efforts, and continue to expand its network of clinicians, mental health coaches, dietitians, and licensed therapists.


Current Investors

Khosla Ventures, Signia Ventures, Valley Capital Partners

Primary Industry

Healthcare

Sub Industries

Consumer Services, Healthcare, Healthcare IT, Analytics & Performance Software, Application Integration Software, Conferencing Software

Website

www.vida.com

Verticals

Artificial Intelligence, HealthTech, Mobile Apps

Company Stage

Series D

Total Amount Raised

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