Boulder Care Raises $36 Million Series B Funding To Serve Vulnerable Populations With Drug Addiction

Boulder Care, a telehealth provider of medical treatment and long-term support for people overcoming drug addiction, announced a $36 million Series B raise. Series B investors include Qiming Venture Partners (U.S.), Goodwater Capital, and Laerdal Million Lives Fund, as well as repeat investors First Round Capital, Greycroft, Tusk Venture Partners and Gaingels.

The company generates revenue from in-network reimbursement, predominantly by Managed Medicaid. Most consumers pay nothing out-of-pocket. This brings the company's funding to over $50 million, advancing its mission to meet an urgent, growing need for evidence-based addiction care. With this funding . . .