Affect Therapeutics logo — Digital treatment for alcohol & drug addiction delivered thr...

Affect Therapeutics

Digital treatment for alcohol & drug addiction delivered through a revolutionary smartphone app that motivates recovery

Founded 2020 United States United States 115 employees Series A Total: $23.00M Health Care, Health and Wellness +1

General Information

Company Name Affect Therapeutics
Founded Year 2020
Location United States United States +13
Founders / Decision Makers
Team member
Employees 115
Industries Health Care, Health and Wellness, Sports
Funding Stage Series A
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About Affect Therapeutics

Affect Therapeutics is a health care startup that provides digital treatment for alcohol and drug addiction through a revolutionary smartphone app. Utilizing contingency management and rewards systems, the app leverages behavioral engineering and gamification principles to stimulate the brain's rewards center, helping individuals reduce their substance use and manage addiction. Accredited by CARF International and supported by NIDA and NIH, Affect's program and technology achieve outcomes more than double of traditional rehab models. The company received a $16.00M Series A investment on July 12, 2023, with investors including City Light Capital, AlleyCorp, Samsung NEXT, LifeArc, Whatif Ventures, and Artis Ventures (AV). Affect Therapeutics aims to make its program accessible to communities without clinics and offers partnership opportunities for organizations addressing the addiction crisis. The company's innovative approach to addiction treatment and strong investor support positions it as an influential player in the healthcare industry.

Taxonomy: Substance Use Disorder Treatment, Digital Health, Mobile App, Addiction Recovery, Behavioral Engineering, Gamification, CARF Accreditation, Harm Reduction, Continuum of Care, Healthcare Partnerships, Medicaid Coverage, Insurance Plans, Referral Network, Clinical Research

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 6
Investor Investor Investor Investor Investor
•••• ••••
12 Jul 2023
Series A •••••• 4
Investor Investor Investor
•••• ••••
01 Feb 2023
Seed Round •••••• - 23 Jul 2021
Seed Round •••••• - 21 Apr 2021

Affect Therapeutics Alternatives & Competitors

Affect Therapeutics vs
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Affect Therapeutics vs
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FAQ About Affect Therapeutics

Digital treatment for alcohol & drug addiction delivered through a revolutionary smartphone app that motivates recovery
Affect Therapeutics was founded in 2020.
Affect Therapeutics is headquartered in United States.
Affect Therapeutics operates in the following industries: Health Care, Health and Wellness, Sports.
Affect Therapeutics has approximately 115 employees.
Affect Therapeutics has completed 4 funding rounds, raising a total of $23.00M. The latest funding stage is Series A.
Top alternatives and competitors to Affect Therapeutics include Boulder Care, Better Life Partners, Ascent, Healthy Life Recovery, NorthStar Transitions. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Affect Therapeutics and Boulder Care are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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