Virta Health: Raises $133M in Series E Funding

  • Virta Health, a San Francisco, CA-based type 2 diabetes reversal company, raised $133m in financing
  • The round was led by Tiger Global
  • The company also intends to use the funds for research and product innovation, and increase of demand for diabetes reversal from employers, health plans, and government
  • Virta Health provides a telehealth-powered diabetes reversal treatment for people to reverse type 2 diabetes and other chronic conditions
  • The company reverses type 2 diabetes through innovations in technology, nutrition science, and continuous remote care from physicians and behavioral experts
  • Virta works with with over 100 organizations, also including the largest health plans, employers, and government and treats patients in all 50 states
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Lloyds Tests Quantum Computing to Strengthen Fraud Detection

The bank explores advanced tech to tackle money mule networks effectively.Highlights: Lloyds is experimenting with quantum computing for...

9fin Secures $170 Million Raise, Valued at $1.3 Billion

The fintech platform enhances its funding to accelerate growth and innovation.Highlights: 9fin raised $170 million in a recent...

CommBank Enhances Account Onboarding with Password Chip Scanning

New feature streamlines account setup via mobile app for users.Highlights: CommBank introduces password chip scanning in its mobile...

Coinbase Receives Conditional Approval for National Trust Bank Charter

The approval marks a significant step for Coinbase in the financial sector.Highlights: Coinbase secures conditional approval for a...