Bicycle Health Raises $27 Million In Investment Funding To Expand Virtual Opioid Use Disorder Treatment Nationwide

Bicycle Health, which provides virtual opioid use disorder treatment, raised $27 million in Series A funding. Questa Capital led the investment, with additional participation from City Light Capital and Emily Melton, as well as previous investor SignalFire. In addition to receiving new investment, Bicycle Health announced that it was in-network with UnitedHealthcare, Aetna, Medicare, and Medicaid in select states. The company intends to use the new funding to expand its rapidly growing clinical network, partner with additional payers, invest in research and continue building local community partnerships to reach those without other treatment options.

Founded in 2017, Bicycle Health . . .