Digital Mental Health Startup Tava Health Lands $16M 

Virtual mental health company Tava Health recently secured $16 million in fundraising, according to SEC filings. The company is seeking another $4 million to button up the funding round.  Salt Lake City, Utah-based Tava partners with employers to provide virtual, evidence-based mental health care to employees. Tava has worked with companies including Chatbooks, Lucid Software […]

Addiction Startup PursueCare Raises $20M, Acquires Pear Therapeutics’ Tech

Virtual substance use disorder (SUD) provider PursueCare netted $20 million in a series B fundraising round. The Middletown, Connecticut-based company also acquired three software-based digital therapeutics developed by Pear Therapeutics, which filed for bankruptcy in April 2023. Pear’s SUD–focused prescription digital therapeutic (PDT) reSET landed an FDA de novo in 2017. PursueCare previously offered digital […]

Virtual Addiction Treatment Providers Go Brick-and-Mortar with DEA Changes Looming

The proposed telehealth-prescribing rules from the Drug Enforcement Administration (DEA) could require digital addiction providers to fundamentally change their business model and limit patient access to virtual addiction treatment.  These new rules will likely hit patients with the least access to status quo treatment models the hardest, especially for access to medication-assisted treatment (MAT). “Roughly […]

Virtual MAT Provider PursueCare Launches Hybrid Care Services in Pennsylvania and New Jersey, More States Planned

Virtual medication-assisted treatment (MAT) provider PursueCare is branching out into hybrid care as it has launched outpatient services in Pennsylvania and New Jersey. Middletown, Connecticut-based PursueCare is rolling out the outpatient services along with virtual care at the locations. The company – which to date has raised $12.8 million – has begun offering outpatient assistance […]

Movers & Shakers: Beacon Health Options’ New CMO; SUD Treatment Center Names New CEO

Beacon Health Options hires new CMO Behavioral services company Beacon Health Options has named Neil Leibowitz as its chief medical officer (CMO). Leibowitz comes to the company from the virtual behavioral health provider Talkspace, where he also served as CMO. There, he oversaw the company’s clinical quality of therapy and psychiatry. Leibowitz was also previously […]

Virtual MAT Provider PursueCare Nets $7M

PursueCare — a Middletown, Connecticut-based provider of virtual medication-assisted treatment (MAT) services — has raised $7 million in an oversubscribed Series A2 funding round led by OCA Ventures, Seyen Capital, Wasabi Investors and other health care investors. The round brings PursueCare’s total funding raised up to $12.8 million, according to the fundraising tracking website Crunchbase. […]

Tech Startup PursueCare Rolls Out Remote Medication-Assisted Treatment Programs

Middletown, Connecticut-based PursueCare has rolled out a new remote, integrated medication-assisted treatment (MAT) model for patients in Kentucky and West Virginia. PursueCare is a tech-enabled health services startup that aims to help curb the opioid epidemic. The company was founded in 2019, with investment from WRD Capital and Starboard Capital Partners, among others. For patients […]