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Better Therapeutics

Digital HealthUSAClosed 2024

Total Raised

Undisclosed

Peak Valuation

Undisclosed

Employees

Year Collapsed

2024

Business model

FDA-cleared prescription digital therapeutic app for treating type 2 diabetes and cardiometabolic disease through behavioral change.

In brief

Developed an FDA-authorized software treatment (not a drug) that used cognitive behavioral therapy techniques delivered via app to help manage type 2 diabetes, going public via SPAC in 2023. The same reimbursement and adoption headwinds facing the broader prescription-digital-the…

See the What Happened tab for the full account.

Key facts

Founded
2015
Closed
2024
Headquarters
San Francisco, USA
Industry
Digital Health
Employees
Revenue
Undisclosed

Related failures

Often compared with: Omada Health, Virta Health.