How Much Did PursueCare Raise?
Funding & Key Investors

PursueCare, a Middletown-based healthcare technology firm, has successfully secured significant capital to advance its mission of addressing the national opioid epidemic. With a total funding accumulation of $31.2M, the company continues to attract institutional backing to scale its evidence-based addiction treatment platform. The most recent strategic investment of $20M underscores the market confidence in the firm's ability to bridge the gap between patients and accessible, stigma-free recovery services.

This latest infusion of capital marks a pivotal moment in the company's trajectory, transitioning from early-stage development to a more robust enterprise-level operation. By leveraging these resources, PursueCare is positioned to expand its digital health infrastructure, ensuring that individuals seeking help for substance use disorders receive timely, professional care regardless of their geographic location.

What is PursueCare?

PursueCare
Hospitals & Physicians ClinicsMedical & Surgical HospitalsHealthcare Services

Founded in 2019, PursueCare operates at the intersection of telehealth and behavioral health. The company provides a comprehensive, technology-enabled platform designed to streamline access to addiction treatment. By removing traditional barriers to entry, such as long wait times and social stigma, PursueCare facilitates a seamless connection between patients and clinical providers. The firm's market position is defined by its commitment to evidence-based care, utilizing digital tools to manage recovery journeys effectively. As the demand for remote healthcare solutions continues to rise, PursueCare remains a critical player in the digital health sector, specifically targeting the underserved addiction treatment market with a scalable, patient-centric model.

How much funding has PursueCare raised?

PursueCare has raised a total of $31.1M across 3 funding rounds:

2020

Debt

$150K

Series A

$11M

2023

Series B

$20M

Debt (2020): $150K with participation from PPP

Series A (2020): $11M led by Seyen Capital, OCA Ventures, and Wasabi Investors

Series B (2023): $20M supported by Seyen Capital and OCA Ventures

Key Investors in PursueCare

Seyen Capital

Seyen Capital is a Chicago-based venture capital firm that specializes in investing in information technology, software, and telehealth companies at the venture and growth stages.

OCA Ventures

OCA Ventures is dedicated to assisting entrepreneurs in the development of successful companies by providing support and resources to help startups thrive in their respective markets.

PPP

Public-Private Partnership

What's next for PursueCare?

With the successful closure of its latest financing round, PursueCare is poised to accelerate its operational footprint and enhance its clinical service offerings. The strategic focus will likely shift toward deepening its integration with existing healthcare systems and expanding its reach into new regional markets. By prioritizing organizational development and technological refinement, the company aims to solidify its role as a leader in the addiction recovery space. Investors are closely monitoring the firm's ability to maintain high-quality care standards while scaling its platform to meet the growing national demand for accessible, remote-first substance use disorder treatment. Future growth will be contingent upon the company's capacity to navigate the complex regulatory landscape of telehealth while maintaining its core mission of patient-focused recovery.

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Frequently Asked Questions Regarding PursueCare Financial Insights

What are the most recent funding rounds that PursueCare has completed, and what were the funding rounds?
PursueCare has recently completed 3 funding rounds: Series B on Dec 13, 2023, Series A on Apr 22, 2020, Debt on Apr 11, 2020.
What is the total amount of funding PursueCare has raised to date?
PursueCare has raised a total of $31.1M in funding to date.
How many funding rounds has PursueCare completed?
PursueCare has completed 3 funding rounds.
How much funding did PursueCare raise in its most recent funding round?
PursueCare raised $20M in its most recent funding round.
Who are the lead investors in PursueCare's latest funding round?
The lead investor in PursueCare's latest funding round was Seyen Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in PursueCare's history?
The largest funding round in PursueCare's history was $20M.
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