Vida Health Announces $28.5 Million in Funding; Appoints Joe Murad CEO

Investment to Support Key Growth Initiatives and Drive Continued Focus on Improving Access to Effective, Affordable, and Sustainable Cardiometabolic Care Treatments Vida Health today announced it has closed $28.5 million in financing led by existing investors, including General Atlantic, Ally Bridge, Canvas Ventures, Hercules Capital, and other insiders. The company also named Joe Murad as Chief Executive Officer. Murad brings more than two decades of experience leading healthcare technology companies, with a demonstrated ability to guide venture-backed businesses from early stages through phases of significant growth. Murad succeeds Stephanie Tilenius, who will step down following nine years of service as Founder and CEO. Vida intends to use the investment to further scale and pursue ongoing growth opportunities, particularly in the rapidly expanding obesity and diabetes market. The investment also advances Vida’s mission of increasing access to integrated treatment for obesity and diabetes — including both behavior change support and prescription medications. Murad joins Vida after serving as President and CEO of WithMe Health, a digital health company offering pharmacy benefits management and personalized medication experiences. He was previously President and CEO of PokitDok, Inc., a platform-as-a-service company for healthcare, which he led until its acquisition by ChangeHealthcare. Murad has also held various leadership roles at Willis Towers Watson and served as C...
Source: EMR and HIPAA - Category: Information Technology Authors: Tags: Health IT Company Healthcare IT Ally Bridge Canvas Ventures General Atlantic Health IT Funding Health IT Fundings Health IT Investment Hercules Capital Joe Murad Stephanie Tilenius Vida Health Source Type: blogs