How Much Did PursueCare Raise?
Funding & Key Investors

PursueCare, a Middletown-based healthcare innovator, has successfully secured a major strategic investment, bringing its total capital raised to $31.2M. This latest infusion of $20M marks a significant milestone in the company's trajectory, reinforcing its position as a critical player in the digital health landscape. By leveraging this recent financing, the organization continues to scale its operations, addressing the urgent demand for accessible, evidence-based addiction treatment solutions across the United States.

The company's growth trajectory, characterized by a series of strategic capital injections, reflects a robust commitment to expanding its technology-enabled care delivery model. From its initial debt financing in 2020 to its recent Series B round, PursueCare has demonstrated a consistent ability to attract high-caliber institutional backing, positioning itself for long-term sustainability in a complex regulatory and clinical environment.

What is PursueCare?

PursueCare
Hospitals & Physicians ClinicsMedical & Surgical HospitalsHealthcare Services

Founded in 2019, PursueCare operates as a specialized, technology-enabled healthcare provider dedicated to mitigating the national opioid epidemic. The company distinguishes itself by offering a stigma-free, digital-first platform that connects patients with evidence-based addiction treatment. By removing traditional barriers to entry, PursueCare facilitates rapid access to care, ensuring that individuals in recovery or those seeking initial intervention receive timely, professional support. Its market position is defined by the intersection of telehealth innovation and behavioral health, a sector currently experiencing rapid digital transformation and increased institutional investment interest.

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 OCA Ventures, Wasabi Investors, and Seyen Capital

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.

Wasabi Investors

Undisclosed investor participating in the funding round.

What's next for PursueCare?

With the successful closure of this major enterprise-level funding, PursueCare is well-positioned to accelerate its national expansion and enhance its proprietary care delivery platform. The strategic focus will likely shift toward deepening its clinical network, refining its patient engagement algorithms, and potentially exploring new partnerships with health systems and payers. As the company matures, the emphasis will remain on scaling its impact while maintaining the high standards of care that have defined its early growth. Investors are expected to monitor the company's ability to maintain its competitive edge in the telehealth space while navigating the evolving landscape of addiction medicine and digital health policy.

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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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