Excellent culture, rewarding mission, questionable future - Anonymous employee Omada Health Employee Review

4.0
15 Dec 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

People at Omada, from the CEO on down, believe in the company's mission to reduce chronic illness, starting with Type 2 diabetes. There is a lot of focus on culture, including support for employees with families. We put a premium on professional growth, and devote a lot of time and effort to recruiting people from backgrounds that have been traditionally underrepresented in technology. We have a strong internship and mentorship program. Overall, Omada is a great place to work and challenge yourself, especially if you want to do some good for humanity. Benefits are generally good, including transparency about the cost of health insurance. Unlimited PTO, a generous professional development budget, 401k (no matching), HSA contributions, equity.

Cons

Previous revenue forecasts have been overly optimistic, resulting in some turmoil and workforce turnover. (Blunt: there were some layoffs in the summer of 2017 as we course-corrected.) Forecasts are now on the conservative side, but our budget is still tight, considering that we just took a $50M Series D round of funding. If we are unable to achieve real growth in the next couple years, we will fizzle out. Pay is on the low side (under the median for the market).

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Omada Health Response
8y
Thanks for taking the time to review Omada. As founders we're proud of the pros that we've built here over time, but we recognize that we have room to grow. We're strongly committed to Omada's mission, premium on professional growth, and dedication to diversity. The drive provided by our mission has allowed us to accomplish some truly historic things in the US healthcare system: the first ever digital CPT code, contracting as a digital provider, scaling personalization through the intersection of data and coaching. Along this road, it's true that we've had to mature as a business and we've learned lessons about customer behavior, buying cycle, and the intricacies of how our unique billing model works with traditional health care infrastructure. Through this we've grown more informed -- and as a result, deliberately more conservative -- in our forecasting. But like our confidence in our mission, we've also never been more confident in Omada's future as a sustainable, profitable business. We place the highest priority on retaining our talent, and want to make sure we are allocating our resources responsibly while still making the investments necessary to power the next stage in our company's growth. As we look to 2018 and beyond, the ambitious goals we've set across the company (including for our engineering teams) are designed to set us up for long-term impact. We have no doubt that next year will require more from all of us, but that those investments will yield tremendous results. If you feel there are ways we can better allocate resources to help accomplish our mission and build a sustainable future for the company, please don't hesitate to seek us out - we're eager as always to hear that feedback. Sean & Adrian

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