United States · Hospital & health care startup

Bicycle Health

Bicycle Health is a Boston-based telemedicine provider founded in 2017, specializing in evidence-based treatment for Opioid Use Disorder (OUD) through medication-assisted therapy,

Funding reportedLast round: Series B

Hospital & health careBoston, United States

About Bicycle Health

Bicycle Health is a Boston-based telemedicine provider founded in 2017, specializing in evidence-based treatment for Opioid Use Disorder (OUD) through medication-assisted therapy,

primarily using buprenorphine (Suboxone). As the largest medical group in the U.S. offering Medication for Opioid Use Disorder (MOUD) via telemedicine, the company aims to fill gaps in pain management and opioid care. Bicycle Health provides a comprehensive suite of services through a single app, including virtual MOUD treatment, behavioral healthcare, peer support, drug screening, medical management, and care coordination. The company serves individuals with OUD across 32 states, having treated over 20,000 patients since its inception. With insurance contracts covering nearly 120 million lives, Bicycle Health makes treatment accessible and affordable, with a monthly cost of approximately $199. The company achieved profitability in Q4 2024 and secured $16.5 million in funding to expand its virtual treatment model.

What company datasets say Bicycle Health raised

Funding, as reported

Reported in all$87Min dollars
Rounds4
Last roundSeries B
Last round size$17M
Last round dateSept 2022
Investors listed8
SEC Form D$61M sold, 3 filings, last May 2022

Founders and team

From the SEC filings it signed: 1 on the team.

  • Ankit GuptaExecutive Officer, Directori

On the board, as filediEvan RichardsonRyan DrantStephen George

On 7 portfolio pages

Investors who name them

Each firm lists Bicycle Health on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

affordable treatmentcost-effective carepatient-centered approachhealth careremote drug screeningdigital healthtelehealth for co-occurring disordersbuprenorphineclinical best practicesremote healthcareeffective treatment optionsoudmedication assisted treatmentopioid use disorder treatmentmedication managementopioid use disorder

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Sector
Hospital & health care
Industry code
NAICS 62142, SIC 8099
Region
Massachusetts
Revenue
$8.7M a year, as listed
Full record
Every detail in the company directory

Hospital & health care in United States

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