Virta Health’s behavioral diabetes treatment service is now worth over $1 billion
https://techcrunch.com/2020/12/02/virta-healths-behavioral-diabetes-treatment-service-is-now-worth-over-1-billion/
A new $65 million investment led by the growth capital and public investment arm of Sequoia Capital will give Virta Health, a developer of a behavioral-focused diabetes treatment, a valuation of over $1 billion.
Virta’s approach, which uses a combination of approaches to change diet and exercise to reverse the presence of type 2 diabetes and other chronic metabolic conditions, has shown clinical success and attracted 100 health care payers to endorse the company’s treatments.