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Industries
Consumer Software
Healthcare
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$103.8M
Headquarters
Boston, Massachusetts
Founded
2017
Bicycle Health provides online treatment for opioid use disorder (OUD) through a telehealth platform. Patients can access care via a secure app, allowing them to receive treatment without needing to visit a physical clinic. The main service offered is Medication for Addiction Treatment (MAT), which helps individuals stop using opioids with minimal discomfort, supporting them in rebuilding their lives. Bicycle Health accepts most major insurance plans, generating revenue through insurance reimbursements for the clinical care and support they provide. A dedicated care team, including medical providers and support staff, ensures high-quality service. Additionally, the company offers Suboxone prescriptions, often available on the same day. Bicycle Health stands out from competitors with its strong focus on patient care and accessibility, aiming to provide effective support for those struggling with OUD.
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Total Funding
$103.8M
Above
Industry Average
Funded Over
4 Rounds
Health Insurance
Dental Insurance
Vision Insurance
Disability Insurance
Paid Vacation
Paid Sick Leave
401(k) Retirement Plan
Home Office Stipend
Remote Work Options
Bicycle Health, the largest U.S. provider of virtual opioid use disorder treatment, achieved profitability in 2024 and raised $16.5M led by Questa Capital. The funding will expand access to its care model, hire specialists, and enhance technology. The company serves over 40,000 patients across 49 states. New executives include CFO Manu Kuppalli and COO Andy Thomas. Bicycle Health aims to combat the opioid crisis with sustainable growth and effective care.
Bicycle Health, a virtual provider of opioid use disorder (OUD) treatment, is launching a program for teens in the state of Maine.
The nation's largest provider of virtual opioid use disorder treatment, Bicycle Health, has launched a first-of-its-kind virtual treatment program for Maine adolescents.
NEW YORK--(BUSINESS WIRE)--Today, Talkspace, a leading online behavioral health company, announced the launch of its Behavioral Health Consortium, a curated network of specialty providers featuring Charlie Health, Ria Health, Bicycle Health, and more. This consortium enables Talkspace clinicians to refer insured members to like-minded, in-network, clinically-vetted specialty care providers who provide a higher level of care for higher acuity needs such as treatment for alcoholism, substance use, and eating disorders. As one of the largest in-network digital mental healthcare providers, covering more than 130 million lives, Talkspace is helping patients stay in-network and enhancing access to comprehensive, whole person care. With almost one-third (28.2%) of all adults with mental illness reporting that they were not able to receive the treatment they needed, and nearly 42% of adults reporting they were unable to receive necessary care because they could not afford it, Talkspace’s Behavioral Health Consortium aims to bridge the gap in care. Patients in need of higher levels of care or more structured treatment programs can benefit from Talkspace's clinical team meticulously vetting these providers and can leverage their insurance to access these specialized services, while remaining in-network and removing financial barriers to accessing essential treatment and quality care. “We know it is important for our payer partners to keep their members in-network, as they strive to provide them affordable access to the support they need to thrive,” said Erin Boyd, Chief Growth Officer at Talkspace
NEW YORK--(BUSINESS WIRE)--Today, Talkspace, a leading online behavioral health company, announced the launch of Health Collective, a new wellness ecosystem featuring Oura, Evernow, Bicycle Health, Conceive, Options MD, and more. The platform will provide members with vetted and curated resources, and member benefits across the entire health spectrum, with the goal of expanding accessibility to high-quality and holistic care. These free-to-access resources are one piece of a holistic collaboration with brands who are featured in the marketplace, where Talkspace will also work with them on provider handoffs, education, and thought leadership. The launch of Health Collective is part of Talkspace’s focus on bolstering strategic partnerships, driven by an understanding of the evolving healthcare landscape and the diverse needs of clients and patients. Through various collaborations with companies vetted by the Talkspace clinical team, the platform will provide members with access to women’s health, specialty care, and well-being-focused resources. With an array of specialty partners involved in Health Collective, Talkspace will bring comprehensive, whole-person care to market more quickly and efficiently than ever before
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Industries
Consumer Software
Healthcare
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$103.8M
Headquarters
Boston, Massachusetts
Founded
2017
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