Omada Health
The company is offering 7.9 million of its common stock at an initial price of $19 per share, with shares trading under the ticker symbol OMDA.
The company plans to offer an aggregate of 7.9 million shares of its common stock with an initial public offering price between $18 and $20 per share.
The company's filing comes two months after fellow digital musculoskeletal care company Hinge Health filed for IPO.
At JPM24, the tech giant announced plans to expand individuals' access to digital health benefits, tapping chronic care management company Omada Health as a partner.
The addition comes weeks after Omada Health announced a $192 million Series E financing round.
The company plans to use the new funds to hire more staff and build out its tech.
Last year, digital musculoskeletal care and physical therapy companies raked in plenty of investor dollars. Startups say the expensive MSK health sector is ripe for innovation.
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Three longtime players in the digital health space chat about the digital future of healthcare.
Outcomes from the randomized controlled trial were presented today at a virtual conference. The company and its research partners say this study differs from others due to its size and length.