Moda, Inc.

Private

Portland, OregonHealthcare & Life Scienceshttps://modahealth.com

Last Round

Secondary

Sep 27, 2021

Est. Valuation

$307.88M

Total Funding Raised

$412.35M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Moda, Inc. is a health insurance company that provides medical, dental, pharmacy, and Medicare plans.

Sector

Healthcare & Life Sciences

Verticals

InsurTech, Mental Health, Patient Engagement

Business Model

B2B

Customer Profile

Subscription SaaS, Government Contracts, Services & Consulting

AI Layer

Non-AI

Keywords

health insurancemedical insuranceMedicare Advantagedental insurancegroup health planshealth insurance carrierMedicare SupplementMedigapindividual health insurancethird-party administrationTPAbehavioral health benefitsmental health benefitspharmacy benefit plansPPO plansHMO plansworkplace wellness programs

Historical Pricing

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Caplight Momentum Score

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Moda, Inc. Comps

Public and private peers based on sector, stage, and business model.

Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Moda, Inc. Funding Rounds

Historical fundraising activity

Round	Date	Amount Raised	Valuation	Investors	Sources
Secondary	Sep 27, 2021
Private Equity	Feb 28, 2019
Debt	Nov 13, 2015
Debt	Dec 15, 2014
Debt	Jul 1, 2012
Debt	Dec 1, 2009

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Key People

Founding team and executive leadership

John Clouse

Chief Technology Officer, Innovation

Executive Team

Moda, Inc. Investors

Notable investors and investment history

Investor	Rounds
Delta Dental of California	Private Equity

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Market signals

Structured signals derived from secondary market and firmographic data.

Feb 8, 2026
Provides executive support to EOCCO Owner and Board.
Jan 1, 2026
Contracted with Oregon Health Authority for HRSN benefits delivery.

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Moda, Inc. Filings

SEC and related filings with document metadata.

Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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Moda, Inc. Filings

SEC and related filings with document metadata.

Firmographic Details

HeadquartersPortland, Oregon

Employee Range1,118

Year Founded1955

Last FundingSep 27, 2021

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