# DynamiCare Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dynamicare-health

- Industry: Healthcare IT
- Headquarters: Boston, US
- Website: www.dynamicarehealth.com
- Total disclosed funding: $5.6M
- Latest round: Seed (Jul 29, 2021)
- Investors on record: 4

## About

DynamiCare Health, Inc. is a digital recovery platform focused on assisting individuals in moderating or quitting substance use through personalized, evidence-based therapeutic solutions and support.Founded in 2016 and based in Boston, Massachusetts, DynamiCare Health, Inc. specializes in digital intervention for substance use recovery. The company has secured USD 1.5 mn in funding through a SEED round led by Early Light Ventures, with contributions from Brown Angel Group, Hyperplane Venture Capital, and MEDA Angels, raising a total of USD 1.5 mn. Eric Gastfriend, who serves as CEO, has been pivotal in establishing the company's direction and growth.DynamiCare Health offers a comprehensive digital recovery platform designed to assist individuals in moderating or quitting their use of substances, including alcohol, drugs, and tobacco. The core product consists of a digital therapeutic platform integrating evidence-based science with technology to deliver personalized support through certified Contingency Management (CM) Guides. Users engage with the platform by taking a survey to assess their needs and goals, followed by consultations to tailor a recovery plan. The app facilitates real-time support through appointments, accountability tools, and incentives for healthy behavior, such as earning rewards on a smart debit card. Targeted primarily at individuals seeking recovery, DynamiCare’s solutions are accessible across various markets in the United States, ensuring that clients receive support in a scalable and cost-effective manner.DynamiCare Health generates revenue through a subscription-based model, providing its digital recovery platform directly to consumers and potentially through partnerships with healthcare organizations and insurers. Clients engage with the service by opting into tailored recovery plans which may include various payment structures based on the services provided. The platform is designed to support individual users and incorporate family members, allowing them access to resources to help their loved ones. Financial incentives are built into the service framework, rewarding users for consistent participation and progress in their recovery journey. Specific pricing details for individual plans or flagship services are structured to align with the overall goals of client engagement and support, fostering a sustainable revenue model rooted in user success and satisfaction.In July 2021, DynamiCare Health, Inc. raised USD 1.5 mn in Seed funding to support the rollout of its evidence-based program designed to help individuals overcome substance use. The company plans to expand its offerings to include new products that enhance user engagement and recovery success, although specific product launch dates have not yet been provided. Furthermore, DynamiCare is targeting to enter additional markets across the United States to increase accessibility and outreach, aiming to implement these strategies in the upcoming years.

## Funding rounds

- Seed, Jul 29, 2021, $1.5M — Hyperplane Venture Capital, Early Light Ventures, MEDA Angels, Brown Angel Group
- Seed, Apr 2, 2019, $4.1M — Hyperplane Venture Capital

## Investors

- Hyperplane Venture Capital (https://capitalatlas.ai/funds/hyperplane-venture-capital) — Seed
- Early Light Ventures (https://capitalatlas.ai/funds/early-light-ventures) — Seed
- MEDA Angels (https://capitalatlas.ai/funds/meda-angels) — Seed
- Brown Angel Group (https://capitalatlas.ai/funds/brown-angel-group) — Seed