How Much Did Smart Recovery Raise?
Funding & Key Investors

Smart Recovery has successfully secured a major strategic investment, bringing its total capital accumulation to $150K. This latest infusion of $150K marks a significant milestone for the organization, reinforcing its position as a critical player in the addiction recovery sector. By leveraging this financial backing, the entity is poised to expand its reach and enhance the efficacy of its evidence-based support programs for individuals and families navigating complex behavioral health challenges.

What is Smart Recovery?

Smart Recovery
Healthcare ServicesMental Health & Rehabilitation FacilitiesNon-Profit & Charitable Organizations

Founded in 1994 and headquartered in Mentor, Ohio, Smart Recovery operates as a non-profit organization dedicated to providing comprehensive support for a wide spectrum of addictions. The organization distinguishes itself through a science-based approach, offering tools and resources for those struggling with substance use disorders, including alcohol and hard drugs, as well as behavioral addictions such as eating disorders and compulsive behaviors. By fostering a community-driven model, Smart Recovery has established a robust framework that empowers participants to achieve long-term abstinence and improved quality of life through self-empowerment and mutual support.

How much funding has Smart Recovery raised?

Smart Recovery has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Smart Recovery

PPP

Public-Private Partnership

What's next for Smart Recovery?

With the recent influx of capital, Smart Recovery is strategically positioned to scale its digital infrastructure and broaden its global footprint. The organization is expected to prioritize the modernization of its recovery modules, ensuring that its evidence-based methodologies remain accessible in an increasingly digital-first healthcare landscape. As the entity transitions through this late-stage growth phase, the focus will likely shift toward enhancing operational sustainability and deepening its impact within the public health ecosystem. This strategic investment serves as a catalyst for long-term organizational resilience, enabling the non-profit to meet the rising demand for accessible, non-clinical addiction support services while maintaining its commitment to evidence-based recovery practices.

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Frequently Asked Questions Regarding Smart Recovery Financial Insights

What are the most recent funding rounds that Smart Recovery has completed, and what were the funding rounds?
Smart Recovery has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding Smart Recovery has raised to date?
Smart Recovery has raised a total of $150K in funding to date.
How many funding rounds has Smart Recovery completed?
Smart Recovery has completed 1 funding rounds.
How much funding did Smart Recovery raise in its most recent funding round?
Smart Recovery raised $150K in its most recent funding round.
Who are the lead investors in Smart Recovery's latest funding round?
The lead investor in Smart Recovery's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Smart Recovery's history?
The largest funding round in Smart Recovery's history was $150K.
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