How Much Did Affect Raise?
Funding & Key Investors

Affect, a prominent player in the digital health sector, has successfully secured a major strategic investment, bringing its total capital raised to $50M. This latest infusion of $26M marks a significant milestone in the company's trajectory, reinforcing its position as a leader in technology-enabled behavioral health solutions. By leveraging this substantial backing, Affect is poised to accelerate the deployment of its virtual clinic platform, which integrates contingency management and AI-driven clinical decision support to address the critical needs of patients struggling with substance use and mental health disorders.

The company's growth narrative is defined by a consistent ability to attract high-caliber institutional support. From its initial seed financing in 2021 to its recent Series B round, Affect has demonstrated a clear commitment to scaling evidence-based care across diverse payer landscapes, including Medicaid and commercial health plans.

What is Affect?

Affect
Hospitals & Physicians ClinicsMedical & Surgical HospitalsHealthcare Services

Affect Therapeutics operates at the intersection of clinical psychology and advanced data science. The company provides a comprehensive virtual clinic accessible via smartphone, designed to transform the standard of care for substance use and mental health. Its proprietary platform utilizes an AI-driven clinical decision support system to facilitate real-time triage, personalized counseling, and medication management. By partnering with health systems and payers, Affect ensures that its evidence-based interventions are both scalable and affordable, effectively bridging the gap in access to high-quality behavioral health services. The company's model is specifically engineered to provide clinician insight coverage, ensuring that care delivery remains both personalized and clinically rigorous.

How much funding has Affect raised?

Affect has raised a total of $50M across 3 funding rounds:

2021

Seed

$1M

2023

Series A

$23M

2025

Series B

$26M

Seed (2021): $1M with participation from AlleyCorp companies

Series A (2023): $23M led by ARTIS Ventures

Series B (2025): $26M supported by ARTIS Ventures, City Light Capital, LifeArc Ventures, and Allumia Ventures

Key Investors in Affect

ARTIS Ventures

Artis Ventures is a dedicated venture capital fund focused on Tech Bio+Health, investing in innovative data-driven life sciences companies that aim to enhance human health and wellness.

City Light Capital

City Light Capital is a venture capital firm that invests in early stage companies which provide not only strong financial returns, but also positive contributions to the company's world.

LifeArc Ventures

LifeArc Ventures invests in early-stage science-led companies, providing them with venture funding, scientific insight, and commercial support.

What's next for Affect?

With the successful closure of this major enterprise-level funding, Affect is well-positioned to expand its market footprint and enhance its technological infrastructure. The strategic focus will likely center on deepening its integration with existing healthcare networks and refining its AI-driven triage capabilities to improve patient outcomes at scale. As the digital health landscape continues to evolve, Affect's ability to demonstrate measurable clinical efficacy will be paramount in securing further partnerships with large-scale health systems. The company is expected to leverage this capital to broaden its reach, ensuring that its virtual care model becomes a standard component of modern behavioral health delivery, ultimately driving long-term value for both patients and institutional stakeholders.

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Frequently Asked Questions Regarding Affect Financial Insights

What are the most recent funding rounds that Affect has completed, and what were the funding rounds?
Affect has recently completed 3 funding rounds: Series B on Nov 4, 2025, Series A on Jul 11, 2023, Seed on Apr 20, 2021.
What is the total amount of funding Affect has raised to date?
Affect has raised a total of $50M in funding to date.
How many funding rounds has Affect completed?
Affect has completed 3 funding rounds.
How much funding did Affect raise in its most recent funding round?
Affect raised $26M in its most recent funding round.
Who are the lead investors in Affect's latest funding round?
The lead investor in Affect's latest funding round was ARTIS Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Affect's history?
The largest funding round in Affect's history was $26M.
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