Virta Health was founded in 2014 by Sami Inkinen, Stephen Phinney, and Jeff Volek. Virta Health has not officially endorsed a plan to participate in an IPO.

Virta Health is a health technology company that seeks to change diabetes treatment with the hope of reversing the disease, rather than simply treating it. Per Forge data, Virta Health raised $373 million in funding over 6 rounds. Their latest funding was raised on Apr 19, 2021, from a Series E round. Key investors include Venrock, Caffeinated Capital, Sequoia Capital Global Equities, and Tiger Global Management.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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To learn more about Virta Health potential IPO

Will Virta Health go IPO?

Virta Health has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Virta Health’s IPO price?

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When was Virta Health founded?

Virta Health was founded in 2014.

What is Virta Health funding to date?

Virta Health has raised $1.46B to date.

Who are Virta Health’s major investors?

Sequoia Capital
Tiger Global Management
Venrock
Founders Fund
Allen & Company
Playground Global
StartUp Health
Caffeinated Capital
SciFi VC
Uprising Ventures
Summit Peak Investments

Virta Health Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
04/19/2021 Series E $133.37MM $xx.xx $2.18B Tiger Global Management
Price per Share
$xx.xx
Shares Outstanding
43,021,027
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Tiger Global Management
12/02/2020 Series D-1 $34.88MM $xx.xx $1.16B Caffeinated Capital, Sequoia Capital Global Equities
Price per Share
$xx.xx
Shares Outstanding
20,023,174
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Caffeinated Capital, Sequoia Capital Global Equities
12/02/2020 Series D $30MM $xx.xx $1.16B Caffeinated Capital, Sequoia Capital Global Equities
Price per Share
$xx.xx
Shares Outstanding
15,501,312
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Caffeinated Capital, Sequoia Capital Global Equities
08/21/2019 Series C-1 $28.19MM $xx.xx $515.08MM Caffeinated Capital, Creandum, Obvious Ventures, Playground Global, Scifi Vc, Venrock
Price per Share
$xx.xx
Shares Outstanding
41,571,211
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Caffeinated Capital, Creandum, Obvious Ventures, Playground Global, Scifi Vc, Venrock
08/21/2019 Series C $65MM $xx.xx $515.08MM Caffeinated Capital, Creandum, Obvious Ventures, Playground Global, Scifi Vc, Venrock
Price per Share
$xx.xx
Shares Outstanding
70,277,867
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Caffeinated Capital, Creandum, Obvious Ventures, Playground Global, Scifi Vc, Venrock
04/04/2018 Series B $42.5MM $xx.xx $238.63MM Caffeinated Capital, Creandum, Founders Fund, Obvious Ventures, Playground Global, Scifi Vc, Venrock
Price per Share
$xx.xx
Shares Outstanding
75,987,842
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Caffeinated Capital, Creandum, Founders Fund, Obvious Ventures, Playground Global, Scifi Vc, Venrock
03/08/2017 Series A-1 $7.64MM $xx.xx $137.4MM Allen & Company, Obvious Ventures, Redmile Group, Scifi Vc, Venrock
Price per Share
$xx.xx
Shares Outstanding
29,270,458
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Allen & Company, Obvious Ventures, Redmile Group, Scifi Vc, Venrock
03/08/2017 Series A $23.45MM $xx.xx $137.4MM Allen & Company, Obvious Ventures, Redmile Group, Scifi Vc, Venrock
Price per Share
$xx.xx
Shares Outstanding
62,900,573
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Allen & Company, Obvious Ventures, Redmile Group, Scifi Vc, Venrock
Updated on: Dec 21, 2024

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