
Bicycle Health
Provides confidential, evidence-based virtual treatment for opioid use disorder through telemedicine.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor investor | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
investor | €0.0 Valuation: €0.0 | round | |
* | $16.5m Valuation: $250m | Late VC | |
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 80 % | 19 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Bicycle Health is a digital healthcare startup that operates in the telehealth market, providing online treatment for opioid use disorder (OUD). Recognized as one of TIME100's most influential companies in 2022, it has gained the trust of over 20,000 patients. The company's services are accessible via a secure app, making it convenient for patients to receive care without the need to visit a physical clinic.
The company's primary offering is Medication for Addiction Treatment (MAT), a proven method that yields the lowest relapse rates for OUD. This treatment helps patients stop using opioids with minimal physical discomfort, enabling them to rebuild their lives with meaningful careers and stable relationships.
Bicycle Health's business model revolves around providing these services to patients with most major insurance accepted. Revenue is generated through insurance reimbursements for the clinical care, therapy, and support they provide. The company employs a full-time care team, including medical providers and support staff, to ensure high-quality service delivery.
In addition to MAT, Bicycle Health also offers Suboxone prescriptions, often on the same day, further enhancing its value proposition. The company prides itself on its patient-centric approach, with testimonials highlighting the caring and understanding nature of its team.
In summary, Bicycle Health is a telehealth startup providing accessible and effective treatment for opioid use disorder, with a strong patient-first ethos and a business model that leverages insurance reimbursements.
Keywords: Telehealth, Opioid Use Disorder, Medication for Addiction Treatment, Insurance Reimbursements, Digital Healthcare, Patient-Centric, Suboxone Prescriptions, Full-Time Care Team, Online Treatment, TIME100 Most Influential Company.