Omada Health, Inc.

Omada Health, Inc. (OMDA) priced its initial public offering on Jun 9, 2025 at $19.00 per share, within its $18.00–$20.00 range, raising $150.1M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $1.06B. Latham & Watkins advised the company and Davis Polk advised the underwriters.

Omada Health, Inc. runs programs for members living with chronic conditions, with members driving its services revenue. It markets its services to customers and channel partners and sells additional programs to existing customers. Sean Duffy is co-founder and CEO.

Status

IPO

Ticker

OMDA

Exchange

Nasdaq Global Select

Priced

Jun 9, 2025

IPO price

$19.00

Price range

$18.00–$20.00

Raised

$150.1M

Market cap at IPO price

$1.06B

First filed

May 9, 2025

Company counsel

Latham & Watkins

Underwriters' counsel

Davis Polk

Sector

Healthcare

Country / state

CA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.