Virta Health

Virta Health

Reverses type 2 diabetes through personalized care

About

Virta Health focuses on reversing type 2 diabetes through a combination of personalized nutrition, continuous remote care, and behavioral science. Their treatment is designed for individuals diagnosed with type 2 diabetes, healthcare providers, and enterprise partners like employers and health plans. Unlike many competitors, Virta Health operates on a performance-based model, meaning they only receive payment if they achieve successful outcomes for their patients. This aligns their financial incentives with patient health improvements. The company's goal is to reverse type 2 diabetes in 100 million people, making their approach not just about managing diabetes but actively working towards its reversal.

Company Stage

Series E

Employees

501-1,000

Industries

Healthcare

Total Funding

$362.8M

Headquarters

Denver, Colorado

Founded

2014


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Simplify's Take

What believers are saying

  • Growing skepticism about GLP-1s may drive patients to Virta's medication-free approach.
  • Partnerships with major payers like U-Haul enhance Virta's market reach.
  • The rise of digital health solutions aligns with Virta's remote care model.

What critics are saying

  • GLP-1 medications' popularity could impact Virta's market share.
  • Increased healthcare costs may limit investment in Virta's alternative treatments.
  • Competition from other digital health platforms poses a threat to Virta's growth.

What makes Virta Health unique

  • Virta Health offers a medication-free approach to reversing type 2 diabetes.
  • Their performance-based model aligns financial incentives with successful patient outcomes.
  • Virta's continuous remote care platform provides unparalleled medical and behavioral support.

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Growth & Insights
Headcount

6 month growth

7%

1 year growth

24%

2 year growth

29%

Benefits

Remote-first work environment

Flexible work hours & time off policy

Health insurance

Paid parental leave

Free Virta treatment & family discount

Internet, home office, learning & development stipends

Employee resource groups

401K & ROTH contribution

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