SAN FRANCISCO, California: Virta Health, the first company with a treatment to sustainably reverse type 2 diabetes (T2D) without medications or surgery, today announced that it has raised $93 million in Series C funding to combat the growing prevalence of T2D, bringing the total equity funding to $166 million. Funding will enable investing in growth to meet the demand for T2D reversal from employers, health plans and government, as existing approaches to treating the illness over the past decade have not improved population-level treatment outcomes.
“This latest funding is validation for the consistency and durability of our health and economic outcomes in both clinical trial and commercial patients,” said Sami Inkinen, Virta Health’s co-founder and CEO. “We can now invest more into growth to help millions of people living with type 2 diabetes, while also investing in product and research to address other diseases.”
Woohoo! Now that’s an intervention!