About

Affect Therapeutics provides a digital platform for addiction recovery, utilizing a science-based method known as contingency management. This approach combines financial incentives, therapy, and medication to encourage healthy behaviors and support individuals in overcoming their addictions. The service is fully digital, allowing clients to attend therapy sessions via secure video conference, which offers convenience and privacy for those who may be reluctant to seek help in traditional settings. In addition to addiction treatment, Affect Therapeutics addresses other life challenges that can affect recovery, such as job searching and financial management, promoting a holistic view of recovery. The company operates on a subscription or fee-for-service model, ensuring that clients receive comprehensive support while funding the company's growth. The goal of Affect Therapeutics is to help individuals not only achieve sobriety but also enhance their overall quality of life.

Simplify's Take

What believers are saying

• The recent $16M Series A funding will enable Affect to expand nationally, enhancing its reach and impact.
• Affect's science-based approach, backed by NIH-sponsored studies, ensures that the treatment methods are effective and credible.
• The company's digital platform allows for continuous innovation and improvement, potentially leading to better recovery outcomes and user experience.

What critics are saying

• The digital healthcare space is highly competitive, and Affect must continuously innovate to stay ahead.
• Reliance on a subscription or fee-for-service model may limit accessibility for lower-income individuals who need treatment.

What makes Affect Therapeutics unique

• Affect Therapeutics leverages a unique combination of financial incentives, therapy, and medication, setting it apart from traditional addiction recovery programs.
• The company's fully digital platform offers unparalleled convenience and privacy, making it accessible to individuals who may avoid traditional rehab settings.
• Affect's holistic approach, addressing not just addiction but also life circumstances like job hunting and bill management, provides a comprehensive support system for recovery.

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