The company, which will be listed on the Nasdaq exchange under the ticker symbol "LVGO," offers tech-enabled solutions that help to monitor and manage people with chronic conditions like diabetes, hypertension and behavioral health issues.
The round also included participation from previous investors including Cigna Ventures, Andreessen Horowitz, Kaiser Permanente, Sanofi Ventures and Norwest Venture Partners, reportedly values the company at $600 million.
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The new devices are part and parcel with the programs launched by the company last year to help support the treatment of patients with hypertension and Type 2 diabetes.
The startup previously developed the Sleepio application, which is targeted at insomnia, and is offered to around 12 million users through partnerships with payers and employers like Boston Medical Center, Comcast and the NHS.
The company has signed a perpetual licencing deal for the software, curriculum and content of Lantern, which built digital therapeutics for mental health conditions before shutting down operations last year.
In 2018 alone, ten companies have inked mega-deals of more than $100 million including Livongo, 23andMe and American Well.
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Cigna competitors who have launched their own venture arms include Humana, Kaiser Permanente and UnitedHealthGroup's Optum division.
Omada Health, known for its Type 2 diabetes prevention, is adding new programs that reflect an expansion into managing chronic conditions such as hypertension and Type 2 diabetes.
The CDC status gives the company's case for its program a shot in the arm at a time when Omada Health is striving to get Medicare reimbursement for virtual DPP programs.
The San Francisco digital health company now has three payers on board as investors - Humana, Kaiser Permanente Ventures, and Cigna.
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Omada Health added Lucia Savage as it prepares to roll out its diabetes prevention program to Medicare beneficiaries in 2018.
Counsyl is shutting down its oncology business just seven months after launching the division. Some 24 jobs will be lost as the company concentrates its efforts in women's health and carrier screening.
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The digital health company has hired the former head of health policy at Google, Elizabeth Engel, as a consultant, as part of a series of new hires.