Vida Health is proud to announce new partnerships with GuideWell, Teladoc Health, and Workday!
Earlier this week, our team shared the exciting news that we’ve closed our Series C round with $30M in funding from critical strategic partners. We’re eager to use these funds to grow our platform offerings and customer base, and continue to work to help our members live their best lives.
We’re thrilled to announce that our top investors, Teladoc Health, Guidewell, and Workday are also strategic partners. These companies will be working together with us to get Vida into the hands of more of the individuals who need it most, individuals who want to prevent, manage, or reverse a chronic disease. We’re also excited to be able to leverage the expertise of our new partners to build on the skills of the Vida team and ensure we realize our full potential.
Teladoc Health is the largest player in the telemedicine space. By joining forces, we will become the first companies to combine acute and chronic care treatment for individuals. We’re excited that Vida’s seamless integration will create a virtual care solution that combines chronic care, acute care, and expert 2nd opinions all in one place.
Guidewell is a holding company which owns Florida Blue, an insurance company that enrolls over 25% of the state’s population. Guidewell will resell Vida to their partner health plans and will deploy us to Florida Blue’s membership in 2019.
In addition to Teladoc Health and Guidewell, we’ll also be partnering with Workday, a leading HR software solution for the Fortune 500. We will be implementing single sign-on integration to create a seamless user experience for Workday customers.
Here at Vida, we’re passionate about creating and scaling a virtual care platform that enables people to work towards their health goals, no matter how big or small. We’re proud that we’ve been able to support individuals overcome their challenges across the spectrum of mental, physical, and behavioral health. Through Vida, we’ve seen individuals reduce their anxiety and depression by over 50%. We’ve cheered people with multiple chronic conditions like diabetes and hypertension come off of their medication and lose on average 7% of their body weight after six months and lower their hypertension by over 10 mm/Hg or a whole hypertensive stage. We have shown we can drive a 12.5% medical cost savings across a population in the first year.
We’re incredibly grateful for our strategic investors, and the individuals who have given us the feedback to turn Vida into what it is today. We are passionate about eradicating chronic disease, which is driving over $1T of our healthcare spend annually. To read more about our news, you can read our press release, or check out press coverage here.
To learn more about Vida, check out our website at www.vida.com.
-Your Vida Health Team