Exclusive: Recovery.com secures $5M for mental health Yelp-like platform

The company offers a marketplace for individuals seeking addiction and mental health treatment. It will use the funds to scale its workforce and expand its reach.
By Jessica Hagen
11:00 am
Share

Photo: Hero Images/Getty Images

Recovery.com, a marketplace-style platform for patients and mental health professionals, has garnered $5 million in funding from Jason Krantz, the founder and executive chairman of data analytics company Definitive Healthcare.

The recent funding brings Krantz's total investment in the company to $15 million. He will join Recovery.com's board of directors. 

"Recovery.com is a company I cofounded in 2017. Our mission is to help people find the best treatment for them, and that covers all sorts of mental health treatment across the behavioral health care spectrum," Ben Camp, cofounder of Recovery.com, told MobiHealthNews.

Recovery.com, formerly RehabPath, offers a marketplace for individuals seeking addiction and mental health treatment. Users can search for treatment centers and providers near them, review the centers they have used, and read other reviews of the facility or provider. 

"We provide a portal that patients can go to that is very similar to other marketplaces, like Zillow, Yelp or Tripadvisor. Those types of things that consumers and patients are used to use to make other buying decisions," Camp said. 

"We give patients and professionals a way to compare options based on what they or their patient needs, which might include specializations that they're looking for, level of care and payment."

The global company employs 70 individuals and has 15,000 treatment centers signed up for its network. It says it has experienced 2,013% growth in the last three years. 

With the current $5 million funding, the company plans to scale its reach and expand its workforce. 

Recovery.com also allows experts to contribute content for users to learn about specific substance use and mental health topics. 

"The contributor network is an effort to get as many voices in the industry as we can that are qualified to talk about specific topics writing for us," said Camp. 

"Instead of just our team writing content, because we have a lot of helpful content, we're trying to cover content in a really authoritative way, so that when someone comes to our website, whether they're looking directly for treatment, or just considering whether they might need treatment, or how to handle a loved one that has mental health issues, making sure that we're covering that comprehensively."

The company will also use the funds to build out its network of contributors and become more comprehensive across all spectrums of care.

"We're a profitable company. We have built a sustainable business model, and we're not going anywhere. The reason that we've ever raised money is, and this isn't the first time we've done it, so we can grow faster, because we see there's just this massive need," Camp said.

Share