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Virta HealthSalary not specified
- Full Time
- Entry Level & New Grad
About Virta Health
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.
Denver, ColoradoHeadquarters
2014Year Founded
$362.8MTotal Funding
SERIES_ECompany Stage
Biotechnology, HealthcareIndustries
501-1,000Employees
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
Risks
Increased competition in diabetes reversal could threaten Virta's market share.
Rising popularity of GLP-1 medications may divert clients from Virta's approach.
Regulatory changes in GLP-1 prescriptions could impact Virta's business model.
Differentiation
Virta Health offers a medication-free approach to reversing type 2 diabetes.
Their performance-based model aligns financial incentives with patient outcomes.
Virta's continuous remote care platform provides personalized nutrition and behavioral support.
Upsides
Virta Health has achieved over $100M in annualized revenue with sustainable weight loss solutions.
Partnerships with major payers like U-Haul enhance Virta's market reach and credibility.
Growing skepticism about GLP-1 medications boosts demand for Virta's alternative treatments.
Funding
Total raised$362.83 M
Latest valuation$2.00 B
StageSERIES_E
SERIES E
3/31/2021$133
$2.00 B$93
$465.00 MSERIES B
3/31/2018$45
$225.00 M