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Bicycle Health raised $16.5M to scale virtual opioid use disorder treatment nationwide, partnering with new investor JSL Health
Jan 29, 2025•over 1 year ago
Contract Type
partnership
BostonInformation TechnologyHealthcareDescription
Bicycle Health, the nation’s largest provider of virtual opioid use disorder treatment, raised $16.5M in funding to expand access to its care model by partnering with more payors and health systems, hiring more addiction medicine specialists, and building new technology to complement its OUD treatment platform. The company also welcomed new investor JSL Health and expanded its executive team in December.
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Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months