Boulder Care is a telehealth addiction treatment startup, founded in 2017, that focuses on providing personalized support for individuals with substance use disorders. Their approach, encapsulated in the slogan "Telehealth addiction treatment on your terms and timeline - grounded in kindness, respect, and unconditional support," is centered around harm reduction and judgment-free recovery support. The company offers a comprehensive Care Team, including a clinician, a care advocate, and a peer recovery specialist, accessible through secure messaging, video visits, and phone support via an app. Boulder Care is committed to championing low-threshold access to medications for addiction treatment, ultimately aiming to improve clinical and functional outcomes while sharing cost savings with healthcare and employer partners under a value-based model.
Having recently secured a $35.01M Series C investment on 21 May 2024, the company attracted backing from prominent investors such as First Round Capital, Laerdal Million Lives Fund, Advance Venture Partners, and Jeff Trost. It is worth noting that Boulder Care has positioned itself as an affordable in-network healthcare provider, striving to offer millions of Americans access to their services and providing affordable self-pay options for those in need.
As a healthcare startup based in the United States, Boulder Care's innovative approach to addiction treatment and their recent investment success position them as a promising player in the evolving telehealth and addiction treatment landscape. Their focus on empathy, flexibility, and evidence-based practices presents them as a sustainable and impactful investment opportunity with potential for significant growth and societal contribution in the years ahead.
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