Balaji Srinivasan’s Top 5 Investments, Portfolio and Ideas

4. Omada Health 

Omada Health is a San Francisco-based digital health company that offers personalized health plans to make it easier for users to reach their health goals. The company combines data-powered human coaching, connected devices, and curriculum suited to specific circumstances to help users build healthy patterns for life. It was founded in 2011 and has managed to raise more than $256 million in funding since then, including more than $50 million in the latest round in May 2020.

Perceptive Advisors and Intermountain Ventures are lead investors in the firm. Srinivasan’s Andreessen Horowitz is also an investor in the startup. The company has a post-money valuation of up to $1 billion. In May last year, the firm acquired musculoskeletal care company Physera for $30 million. The competitors of the company include Ovivia, Blue Mesa Health, and Teladoc Health, Inc. (NYSE: TDOC). Teladoc has a market cap of more than $28 billion and posted more than $1 billion in revenue in December 2020.