December 2, 2020
Digital diabetes company Virta scored $65 million in its Series D round led Sequoia Capital Global Equities funding.
This news comes roughly a year after the San Francisco company closed its $93 million Series C financing round. Today it reports raising over $230 million in cumulative funding, pushing its valuation above $1 billion and marking it a unicorn company.
WHAT IT DOES
Virta got its...
October 7, 2020
Digital diabetes company Virta is rolling out a slew of new services focused on prediabetes, obesity treatment and provider-led Type 2 diabetes management.
As in its Type 2 diabetes program, patients will be able to use the Continuous Remote Care platform, which gives users access to telehealth and a dedicated health coach. The program also give users personalized nutrition regimen and ways to...
April 23, 2020
Digital diabetes company Virta has named Dr. Robert Ratnerits next Chief Medical Officer. Ratner comes to the position following his tenure as Chief Scientific and Medical Officer for the American Diabetes Association. This news comes only a few months after the company announced its $93 million Series C funding round.
Ratner has been involved with the San Francisco-based startup for some time,...
January 13, 2020
Type 2 diabetes management company Virta announced a whopping $93 million Series C financing round late last week. The latest round was led by Caffeinated Capital with participation from Venrock, Obvious Ventures, Creandum, Playground Global and SciFi VC.
This announcement brings the company’s total funding pot to around $166 million, coming roughly a year-and-a-half after its Series B round,...
November 11, 2019
Ninety-eight percent of veterans with Type 2 diabetes enrolled in Virta’s digital diabetes management program reduced or controlled their estimated HbA1c level after 90 days, according to new results from a pilot conducted by the U.S. Department of Veterans Affairs and Virta Health.
The pilot, which included a total of 104 patients, found that 84% of patients enrolled achieved an estimated HbA1c...
February 8, 2018
Remote patient monitoring combined with a special diet that cuts starchy carbs is helping some patients reverse their Type 2 diabetes, according to a recent study published in Diabetes Therapy. The investigation, complied by Virta Health, found that 94 percent of patients who were on insulin, using the Virta mobile tool, and altering their diet decreased or eliminated their insulin dosage by the...