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Workit Health Raises $12 Million Series B Financing to Meet Surging Demand for Telemedicine Substance Use Disorder Treatment

Dec 16, 2020over 4 years ago

Amount Raised

$12 Million

Round Type

series b

Ann Arbor

Description

Workit Health, a virtual substance use disorder provider bringing evidence-based telemedicine care to individuals, healthcare organizations, and employers, today announced a $12 million round of investment led by FirstMark Capital. The round included participation by Lux Capital, GingerBread Capital, Blue Cross and Blue Shield Venture Partners and actor Rob Lowe, who is a prominent advocate for recovery and mental health.

Company Information

Company

Workit Health

Location

Ann Arbor, Michigan, United States

About

Workit Health is a healthcare technology company offering digital evidence-based substance use disorder treatment including medication for opioid and alcohol use disorders. Workit’s patient-centered web and phone apps bring gold standard substance use disorder treatment to the privacy of home, with therapeutic interactive recovery curriculums, video visits with clinicians and counselors, online recovery groups, and virtual drug testing. Workit Health partners with individuals, health plans, and employers. More about Workit Health at: https://www.workithealth.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech