Valeritas

Bridgewater, United States Founded: 2003 • Age: 23 yrs Acquired By Zealand Pharma
Wearable insulin patch pumps are developed for transdermal delivery.
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About Valeritas

Valeritas is a company based in Bridgewater (United States) founded in 2003 was acquired by Zealand Pharma in February 2020.. Valeritas has raised $181.36 million across 6 funding rounds from investors including Welsh, Carson, Anderson & Stowe, Zealand Pharma and Abingworth. The company has 141 employees as of December 31, 2019. Valeritas has completed 1 acquisition, including Andover. Valeritas offers products and services including Afrezza, V-Go, and Technosphere. Valeritas operates in a competitive market with competitors including scPharmaceuticals, Crossject, CeQur, Vaxxas and Incline Therapeutics, among others.

  • Headquarter Bridgewater, United States
  • Employees 141 as on 31 Dec, 2019
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mannkind Corporation
Operational Areas
Healthcare → Healthcare Products & Supplies
Healthcare → Health Technology & Digital Health
Healthcare → Pharmaceuticals & Therapeutics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $181.36 M (USD)

    in 6 rounds

  • Latest Funding Round
    $25.2 M (USD), Post-IPO

    May 04, 2016

  • Investors
  • Employee Count
    141

    as on Dec 31, 2019

  • Investments & Acquisitions
  • Acquired by
    Zealand Pharma

    (Feb 10, 2020)

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Products & Services of Valeritas

Valeritas offers a comprehensive portfolio of products and services, including Afrezza, V-Go, and Technosphere. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Inhaled powder for managing diabetes blood sugar levels.

Patch device for continuous insulin administration.

Platform for delivering drugs via inhalation.

People of Valeritas
Headcount 50-200
Employee Profiles 12
Employee Profiles
People
Dave Lewis
Vice President, Marketing
People
Matthew Nguyen
Chief Commercial Officer
People
Kerry McMullen
Sr. Operations Program Manager
People
Geoffrey Jenkins
EVP, Manufacturing, Operations, and R&D

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Funding Insights of Valeritas

Valeritas has successfully raised a total of $181.36M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $25.2 million completed in May 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 6
  • Last Round Post-IPO — $25.2M
  • First Round

    (10 Nov 2008)

  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2016 Amount Post-IPO - Valeritas Valuation

investors

Jul, 2014 Amount Series D - Valeritas Valuation

investors

Jun, 2013 Amount Debt – Conventional - Valeritas Valuation

investors

CRG
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Valeritas

Valeritas has secured backing from 14 investors, including venture fund and institutional investors. Prominent investors backing the company include Welsh, Carson, Anderson & Stowe, Zealand Pharma and Abingworth. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
CRG is recognized as a premier healthcare investment partner.
Founded Year Domain Location
Early-stage investments in US tech and life sciences are targeted.
Founded Year Domain Location
Venture capital investments in tech and healthtech sectors through dedicated funds.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Valeritas

Valeritas has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Andover. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Limited information is provided on core activities.
1996
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Valeritas

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Valeritas Comparisons

Employees
+
Add Comparison
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Competitors of Valeritas

Valeritas operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as scPharmaceuticals, Crossject, CeQur, Vaxxas and Incline Therapeutics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of a device for subcutaneous drug delivery for the treatment of bacterial infections and heart failure
domain founded_year HQ Location
Needle-free self-injectable drugs
domain founded_year HQ Location
Wearable insulin delivery patches are developed for mealtime dosing.
domain founded_year HQ Location
Developer of vaccines to treat cancer and infectious diseases
domain founded_year HQ Location
Hospital-focused specialty pharmaceuticals are developed for acute pain management.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Valeritas

Frequently Asked Questions about Valeritas

When was Valeritas founded?

Valeritas was founded in 2003 and raised its 1st funding round 5 years after it was founded.

Where is Valeritas located?

Valeritas is headquartered in Bridgewater, United States. It is registered at Bridgewater, New Jersey, United States.

Is Valeritas a funded company?

Valeritas is a funded company, having raised a total of $181.36M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $100M, raised on Nov 10, 2008.

How many employees does Valeritas have?

As of Dec 31, 2019, the latest employee count at Valeritas is 141.

What does Valeritas do?

Valeritas was founded in 2003 in Bridgewater, United States, within the medical devices sector focused on diabetes management. Wearable insulin patch pumps are produced for skin-based insulin delivery, holding a one-day supply of fast-acting insulin. Continuous preset basal rates are used for release, supplemented by on-demand bolus dosing at mealtimes. Programmability and electricity are not required in the devices, with preset options available for varying daily insulin amounts.

Who are the top competitors of Valeritas?

Valeritas's top competitors include scPharmaceuticals, Crossject and Vaxxas.

What products or services does Valeritas offer?

Valeritas offers Afrezza, V-Go, and Technosphere.

How many acquisitions has Valeritas made?

Valeritas has made 1 acquisition, including Andover.

Who are Valeritas's investors?

Valeritas has 14 investors. Key investors include Welsh, Carson, Anderson & Stowe, Zealand Pharma, Abingworth, CRG, and Montrose Capital Partners.

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