Empathy Well being Applied sciences introduced it has secured $2.3 million in seed funding to broaden its Sober Sidekick app.
Buyers embrace Nina Capital, HealthX Ventures, 46 Ventures, the Enterprise Heart, Ikigai Development Companions, Suncoast Ventures, Excessive Road Fairness Companions and angel buyers.
WHAT IT DOES
The corporate’s Sober Sidekick app is a free sobriety app with a peer-led program to assist people give up consuming and observe and preserve their sobriety. Customers can join with different customers, entry 24/7 AA conferences and search skilled assist by way of chat with professionals.
The Arkansas-based firm, which launched in 2019, will use the funds to scale its operations and broaden its presence within the healthcare group.
“I’m alive as a result of the proper folks confirmed up for me at my most important moments. They weren’t paid professionals however common individuals who overcame one thing related. I’m one of many fortunate ones, and Sober Sidekick exists to create a world the place connecting with the proper folks on the proper time is now not as much as probability,” founder and CEO Chris Thompson stated in an announcement.
“Relapse, overdoses and suicides sometimes don’t occur in clinics or remedy periods, they occur when individuals are alone of their darkest moments. Sober Sidekick exists to be a lightweight of their darkest moments as they overcome generational curses to create their epic comeback tales of restoration.”
MARKET SNAPSHOT
In accordance with the NIH Nationwide Institute of Alcohol Abuse and Alcoholism, a 2023 Nationwide Survey on Drug Use and Well being revealed 28.9 million folks 12 years and older had alcohol use dysfunction inside the earlier 12 months.
Different digital well being firms searching for to assist people ease substance use embrace the digital substance use administration platform Pelago, which introduced earlier this 12 months that it had secured $58 million in Sequence C funding, bringing its complete elevate to $151 million.
Bicycle Well being, a digital opioid use dysfunction therapy firm, introduced earlier this 12 months its partnership with teletherapy firm Talkspace to broaden entry to digital look after sufferers of each firms.
Habit restoration startup Workit Well being raised $118 million in Sequence C funding final 12 months, and Give up Genius gives therapy packages for tobacco, alcohol and opioids.