substance use

Clinician consulting with colleagues
By  Anthony Vecchione 01:04 pm September 10, 2024
Pharmacy service provider Advanced Rx announced an alliance with pain-management digital health company Sure Med Compliance to give Advanced Rx sole entry to Sure Med Compliance's Perspectives in Care (PiC) to ensure proper risk and benefit analysis has been determined and recorded when a controlled substance is dispensed. PiC delivers medicolegal understanding at the point of care and educates...
While wearing protective face coverings, a therapy patient and therapist discuss something.
By  Emily Olsen 12:34 pm April 8, 2022
Hybrid mental health and addiction care startup Eleanor Health brought in $50 million in a Series C funding round led by General Catalyst. Other investors participating in the raise include Warburg Pincus, Town Hall Ventures, Northpond Ventures and Rethink Impact.  The latest round comes less than a year after a $20 million Series B. According to Crunchbase, Eleanor has scooped up a total of $82...
A piggy bank next to coins and a stethoscope
By  Emily Olsen 12:17 pm October 22, 2021
Virtual addiction treatment Workit Health raised $118 million in Series C funding led by Insight Partners. Other investors participating in the round include CVS Health Ventures, FirstMark Capital, BCBS Venture Fund, and 3L Capital. "Workit is at the forefront of massive acceleration in telemedicine adoption, which is key to solving the overdose crisis that was exacerbated by COVID-19. The risk...
Screenshots of the Woebot app adapted for substance use
By  Dave Muoio 01:50 pm March 24, 2021
A recent study published in the Journal of Medical Internet Research (JMIR) shows initial support for a new version of Woebot – a text-based chatbot app designed to address mental health issues – that is designed to reduce substance use and other measures tied to substance use disorder (SUD). Conducted by researchers from Stanford University School of Medicine and Woebot Health, the investigation...
By  Dave Muoio 12:04 pm March 2, 2020
axialHealthcare, maker of a platform for managing substance use disorder (SUD) patients, has closed $15 million in Series C funding. The raise was headlined by the Nashville company's existing investors, a list that includes Oak HC/FT, .406 Ventures, BlueCross BlueShield Venture Partners and Sandbox Advantage Fund. WHAT THEY DO Founded in 2012, axialHealthcare's earlier iteration focused on...
By  Heather Mack 03:04 pm August 10, 2016
Oakland, California-based Workit Health, which offers a digital counseling program for substance abuse, raised $1.1M in seed funding in a round led by Montage Ventures and Lux Capital. The company will use the funds to expand its current offerings, hiring addiction counselors, software engineers and sales representatives so it can establish partnerships and prepare for a direct to consumer launch...