Tech Company Financing Transactions
DynamiCare Health Funding Round
On 4/3/2019, DynamiCare Health secured $4.1 million in Seed investment from Hyperplane Venture Capital and private investors.
Transaction Overview
Company Name
Announced On
4/3/2019
Transaction Type
Venture Equity
Amount
$4,100,000
Round
Seed
Investors
Hyperplane Venture Capital (Vivjan Myrto)
private investors (Patrick Kennedy)
Proceeds Purpose
With this seed funding, DynamiCare plans to bring its behavioral intervention app directly to consumers later this spring. Additionally, the funding will advance its telehealth recovery coaching service, which ensures the technology is tailored to each member's needs and motivates them to achieve their personal health goals.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
6 Liberty Sq. 2102
Boston, MA 02109
USA
Boston, MA 02109
USA
Phone
Website
Email Address
Overview
DynamiCare Health is a digital platform that helps people monitor and change their use of drugs, opioids, alcohol, and tobacco. The platform automates Contingency Management (CM), an evidence-based methodology that has been demonstrated to be effective at achieving healthy change in the use of all types of substances in over 100 randomized controlled trials and 7 meta-analyses.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eric Gastfriend
Chief Medical Officer
David Gastfriend
VP - Operations
Caitlyn Kjolhede
VP - Operations
Nate Stell
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