Announced
Completed
Financials
Tags
Health Care Services
Acquisition
United States
Venture Capital
Private
Private Equity
Cross Border
Minority
alcohol use disorder (AUD)
Friendly
Completed
Single Bidder
Synopsis
SV Health Investors, a growth equity and venture capital firm, led a $18m Series A round in Ria Health, a telehealth provider specializing in alcohol use disorder, with participation from SV limited partner, BPEA Private Equity, and SOSV. "More than 1 in 10 adults struggle with alcohol use disorder, and for the past 40 years the one-size-fits-all approach to multi-addiction treatment has yielded poor results. Ria Health's mission is to increase access to our clinically effective, evidenced-based treatment that meets the preferences of people who have AUD and removes the barriers of stigma, cost, and inconvenience," Tom Nix, Ria Health CEO.
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