Allen & Company

Backed by $37M, startup Virta launches with aim to reverse type 2 diabetes through digital coaching and nutrition plans

By Heather Mack 04:09 pm March 8, 2017

San Francisco-based startup Virta Health officially launched today with a mission to reverse type 2 diabetes. Formed by a team of doctors, scientists and technologists hailing from Stanford, MIT and Harvard – and backed by $37 million from some big name investors – Virta is approaching type 2 diabetes with a goal to use personalized nutrition, one-on-one coaching and remote monitoring to reverse...

Meditation app Headspace gets $34M from Jessica Alba, Jared Leto, Ryan Seacrest

By Aditi Pai 09:42 am September 17, 2015

Venice, California-based Headspace has raised $34 million for a meditation app that aims to help users with stress, focus, and anxiety, according to an SEC filing. The round was led by The Chernin Group, with participation from Advancit Capital, Allen & Company, Breyer Capital, Broadway Video Ventures, Deerfield Management, Freelands Ventures, and William Morris Endeavor as well as celebrity...