Click Therapeutics

Click Therapeutics

Develops software as prescription medical treatments

About

Click Therapeutics develops software applications that function as prescription medical treatments for patients with various health conditions. These digital therapeutics are designed to change cognitive and neurobehavioral mechanisms related to diseases, and they are tested through rigorous randomized controlled trials to ensure safety and effectiveness. After validation, the company seeks FDA clearance to market these applications as class II medical devices. Unlike traditional pharmaceuticals, Click Therapeutics' products are prescribed by physicians and reimbursed by payers, allowing for a unique revenue model. The company collaborates with established pharmaceutical firms, such as Boehringer Ingelheim, to enhance the development and commercialization of their digital therapeutics. The goal of Click Therapeutics is to provide effective, evidence-based software solutions that address unmet medical needs and improve patient outcomes.

Company Stage

Debt Financing

Employees

51-200

Industries

Biotechnology, Healthcare

Total Funding

$93.9M

Headquarters

New York City, New York

Founded

2012


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Simplify's Take

What believers are saying

  • FDA clearance of Rejoyn™ boosts credibility in digital therapeutics for mental health.
  • Acquisition of Better Therapeutics expands Click's reach into cardiometabolic diseases.
  • $20 million financing from HSBC supports expansion and development initiatives.

What critics are saying

  • Increased competition from digital therapeutic companies may impact market share.
  • Regulatory changes could affect approval processes for new digital therapeutics.
  • Integration challenges from acquisitions may delay new product development.

What makes Click Therapeutics unique

  • Click Therapeutics specializes in software as medical treatments for unmet medical needs.
  • Their Clickometrics® platform personalizes user experience to optimize engagement and outcomes.
  • Partnership with Boehringer Ingelheim highlights their collaborative approach in digital therapeutics.

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Growth & Insights
Headcount

6 month growth

5%

1 year growth

4%

2 year growth

5%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Company Match

Unlimited Paid Time Off

Flexible Work Arrangement

Stock Options

Performance Bonus

Fertility Treatment Support

Professional Development Budget

Commuter Benefits

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