# Marigold Health

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

- Industry: Healthcare
- Headquarters: Boston, US
- Website: www.marigoldhealth.com
- Total disclosed funding: $17M
- Latest round: Series A (Nov 28, 2023)
- Investors on record: 13

## About

Based in Massachusetts, US, and founded in 2017, Beacon Tech Inc., trading under the name Marigold Health, is the developer of a platform that uses chat support groups to make substance use treatment more engaging and personalized for vulnerable populations. The company was co-founded by its CEO  Shrenik Jain and CPO Ravi Shah MS. In February 2022, Marigold Health, raised USD 6 million in seed funding co-led by new investors Felicis Ventures and KdT Ventures with, participation from other new investors Flare Capital Partners, Epsilon Health Investors, Tau Ventures, SpringTide Investments, and Stand Together Ventures. In the same year, its product will be launched at Wood River Health Services next month, a large provider of medical, dental, and social services.

The company operates as a medicine and treatment development firm focusing on overdose problems. It also provides social networking service, enabling people with the same issue to be connected and support each other.

## Funding rounds

- Series A, Nov 28, 2023, $11M — Rock Health, Visiting Nurse Service of New York Care Pension Plan, KdT Ventures, Wavemaker Three-Sixty Health, Innospark Ventures, Koa Labs, Winter Street Ventures, Stand Together Ventures Lab, Epsilon Health Investors
- Seed, Feb 1, 2022, $6M — Felicis Ventures, KdT Ventures, Flare Capital Partners, Tau Ventures, Stand Together Ventures Lab, Epsilon Health Investors, SpringTide Capital Management

## Investors

- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Seed
- KdT Ventures (https://capitalatlas.ai/funds/kdt-ventures) — Seed, Series A
- Flare Capital Partners (https://capitalatlas.ai/funds/flare-capital-partners) — Seed
- Tau Ventures — Seed
- Stand Together Ventures Lab (https://capitalatlas.ai/funds/stand-together-ventures-lab) — Seed, Series A
- Epsilon Health Investors (https://capitalatlas.ai/funds/epsilon-health-investors) — Seed, Series A
- SpringTide Capital Management (https://capitalatlas.ai/funds/springtide-capital-management) — Seed
- Rock Health (https://capitalatlas.ai/funds/rock-health) — Series A
- Visiting Nurse Service of New York Care Pension Plan — Series A
- Wavemaker Three-Sixty Health (https://capitalatlas.ai/funds/wavemaker-three-sixty-health) — Series A
- Innospark Ventures (https://capitalatlas.ai/funds/innospark-ventures) — Series A
- Koa Labs — Series A
- Winter Street Ventures (https://capitalatlas.ai/funds/winter-street-ventures) — Series A