Why WeightWatchers Filed for Bankruptcy
WeightWatchers recently filed for bankruptcy. Part of the reason is because it couldn't adapt fast enough to a rapidly changing weight-loss environment spurred by the rising popularity of GLP-1s, experts said.
Keto-based digital diabetes program nets $133M
Virta Health, a digital health startup with an app-based coaching program for type 2 diabetes, raised $133 million led by Tiger Global. Unlike other digital health companies, Virta builds its program around a ketogenic diet.
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Diabetes startup Virta Health raises $93M
Another entrant in the increasingly crowded field of diabetes digital health startups, Virta Health raised $93 million in a series C round. The company uses a ketogenic diet and health coaches in conjunction with its software to turn around type 2 diabetes.