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Teledoc (NYSE:TDOC) and Workday Ventures (NASDAQ:WDAY) backed a $30M Series C for Vida Health, which provides personalized virtual care software for physical/behavioral health. The funds will go towards sales and marketing, expanding the national coaching and therapy network, and customer outreach improvements. Current Vida Health customers include eBay, PayPal, and Cisco.
Participating investor GuideWell, the parent of Florida’s largest insurer, is partnering with Vida to launch the software first with members with co-morbidities while measuring cost and quality impact. Teledoc will serve as Vida’s exclusive virtual care partner. For its Workday partnership, Vida will deliver a single sign-on integration with Workday’s system for the convenience of mutual customers.
Since its last funding round, Vida has launched an updated platform for enterprise customers and Habit Bundles, which tackle behavioral changes from a variety of angles.
“We’re proud to partner with a company like Vida Health because it puts people at the center of care with a virtual solution that empowers employees to be the very best they can be,” says Leighanne Levensaler, SVP, corporate strategy, Workday, and managing director & co-head, Workday Ventures.
