DynamiCare Health is a digital platform focusing on monitoring and reducing the use of drugs, opioids, alcohol, and tobacco. The company offers an app allowing for substance tests through connected breath and saliva tests verified by selfie video. Additionally, it tracks treatment attendance using GPS, providing accountability and encouragement. Founded in 2016 by Eric Gastfriend, a Harvard MBA tech executive, and his father, David Gastfriend MD, an international expert in addiction psychiatry, the platform leverages financial support as rewards for healthy behavior from family members, employers, and health plans. With an evidence-based methodology proven effective in over 100 randomized controlled trials, DynamiCare Health secured a $1.50M Seed Round investment on 30 July 2021 from Hyperplane, Early Light Ventures, Meda Angels, and Patrick Kennedy.
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United States Market
Health Care
About DynamiCare Health
Taxonomy: digital health, substance use disorder, addiction treatment, behavioral health, telehealth, mobile technology, drug testing, recovery coaching, evidence-based methodology, healthy behavior incentives, contingency management, smartphone app, substance monitoring, health tech innovation, mental health support
Funding Rounds & Investors (6)
View All| Funding Stage | Amount | Investors | Lead Investors | Date |
|---|---|---|---|---|
| Seed Round | •••••• | 4 |
|
30 Jul 2021 |
| Grant | •••••• | 1 |
|
30 Jun 2021 |
| Non Equity Assistance | •••••• | 1 |
|
17 Dec 2019 |
| Grant | •••••• | - | 27 Aug 2019 | |
| Seed Round | •••••• | 3 |
|
02 Apr 2019 |
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