Ophelia

Ophelia

Provides medication-assisted treatment for opioid dependence

About

Ophelia provides medication-assisted treatment (MAT) for individuals dealing with opioid dependence. Their approach focuses on helping patients manage cravings and withdrawal symptoms through scientifically-backed treatments, which are designed to be more private and convenient than traditional rehab methods. Ophelia differentiates itself from competitors by offering a modern, patient-centric model that emphasizes discretion and empowerment, allowing patients to make informed choices about their treatment. The company's goal is to reduce the stigma surrounding drug rehabilitation and to provide effective alternatives that cater to a diverse clientele, particularly those under 50 who are at higher risk of opioid overdose.

Company Stage

Series B

Employees

201-500

Industries

Healthcare

Total Funding

$65.9M

Headquarters

Philadelphia, Pennsylvania

Founded

2020


Simplify Jobs

Simplify's Take

What believers are saying

  • Ophelia's designation as a Center of Excellence in Pennsylvania enhances its credibility.
  • Partnerships with insurers like MVP Healthcare expand access to over 600,000 people.
  • Recent $50 million funding supports national expansion and integration with more payors.

What critics are saying

  • DEA's telemedicine flexibilities expiration could limit remote prescription capabilities.
  • Increased competition from other virtual-first providers may impact market share.
  • Medicaid policy changes could create financial barriers for patients, affecting retention.

What makes Ophelia unique

  • Ophelia offers a virtual-first model for opioid use disorder treatment.
  • The company focuses on medication-assisted treatment, considered the gold standard by the CDC.
  • Ophelia emphasizes patient privacy and choice, avoiding traditional rehab's stigma.

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Growth & Insights
Headcount

6 month growth

22%

1 year growth

45%

2 year growth

33%

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