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.
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
|