# Bicycle Health: Hospital & health care, Boston, United States

> Bicycle Health: Bicycle Health is a Boston-based telemedicine provider founded in 2017, specializing in evidence-based treatment for Opioid Use Disorder...

Source: https://millionrounds.com/startup/bicycle-health (Millionrounds; every figure on the page links to its filing or article)

United States · [Hospital & health care startup](https://millionrounds.com/companies)

# 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 reported Last round: Series B

Hospital & health care Boston, United States

Company summary

- **Founded:** 2017 9 years old
- **Team:** 240 201 to 1,000 people
- **Funding reported:** $87M in dollars
- **Last round:** Series B Sept 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Bicycle Health has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 **$87M** in dollars

Rounds **4**

Last round **Series B**

Last round size **$17M**

Last round date **Sept 2022**

Investors listed **8**

SEC Form D **$61M sold, 3 filings, last May 2022**

## Founders and team

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

- **Ankit Gupta** Executive Officer, Director i

On the board, as filed i *Evan Richardson* *Ryan Drant* *Stephen George*

## On 7 portfolio pages

Investors who name them

- [Questa Capital](https://millionrounds.com/fund/questa-capital)
- [SignalFire](https://millionrounds.com/fund/signalfire)
- [City Light Capital](https://millionrounds.com/fund/city-light-capital)
- [Next Play Ventures](https://millionrounds.com/fund/next-play-ventures)
- [Valeo Ventures](https://millionrounds.com/fund/valeo-ventures)
- [InterAlpen Partners](https://millionrounds.com/fund/interalpen-partners)
- [Cobalt Ventures](https://millionrounds.com/fund/cobalt-ventures)

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 treatment cost-effective care patient-centered approach health care remote drug screening digital health telehealth for co-occurring disorders buprenorphine clinical best practices remote healthcare effective treatment options oud medication assisted treatment opioid use disorder treatment medication management opioid use disorder

Built with from their website

DocuSign Amazon SES Google Tag Manager Visual Website Optimizer Amazon CloudFront WordPress.org Salesforce CRM Analytics Atlassian TypeScript Bitrix

+8 more

Bing Font Awesome Vtiger for G Suite Absorb YouTube Cloudflare DNS Google Workspace Bing Webmaster Tools

- **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](https://millionrounds.com/directory/bicycle-health)

## Hospital & health care in United States

Startups like it

- [**Collective Health** San Francisco · founded 2013 *Raised*](https://millionrounds.com/company/collective-health)
- [**Hippocratic AI** Palo Alto · founded 2023 *Raised*](https://millionrounds.com/company/hippocratic-ai)
- [**Capital Rx** New York · founded 2017 *Raised*](https://millionrounds.com/company/capital-rx)
- [**Ambience Healthcare** San Francisco · founded 2020 *Raised*](https://millionrounds.com/company/ambience-healthcare)
- [**Iora Health** Boston · founded 2010 *Raised*](https://millionrounds.com/company/iora-health)
- [**Candid Health** San Francisco · founded 2019 *Raised*](https://millionrounds.com/company/candid-health)
- [**Rightway** New York · founded 2017 *Raised*](https://millionrounds.com/company/rightway)
- [**Curative** Austin · founded 2020 *Raised*](https://millionrounds.com/company/curative)

## Is this your company?

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