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Bicycle Health
Virtual addiction medicine clinic
- 201-500 employees
- Healthcare
- B2C
- B2B
- Personal health
- Insurance
- Mental health
- MedTech
- Chinatown, Boston, MA
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Company mission
Bicycle Health's mission is to provide accessible opioid use disorder treatment so individuals can quickly start life saving treatment and regain control of their lives.
Our take
The US Opioid Epidemic isn’t decreasing in severity unfortunately, with only 10% of people with addictions diagnosed or receiving treatment, and a 15% rise in opioid related deaths in recent years.
Stigma is a huge barrier to seeking treatment, while geography also plays a key role, with many parts of rural USA lacking treatment facilities. Bicycle Health is on a mission to overcome these hurdles by providing virtual treatment, affording more privacy and greater access to patients.
There’s been a noticeable outbreak of startups aiming to tackle addiction over the last few years – part of the greater trend in the growth of mental health support platforms – with the likes of Pear Therapeutics and Quit Genius attracting venture capital support.
Bicycle Health is holding its own in the market however, and having joined Cigna Evernorth’s nationwide behavioral health network, as well as securing a number of strategic partnerships with health and insurance providers, the startup is aiming to significantly expand its footprint.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Salary: Our salary formula adjusts to your cost of living and experience.
- Technology: Get hooked up with the tools you need to be efficient in your work.
- Health: Medical, Dental and Vision coverage through United Healthcare (100% employer paid option available).
- Time Off: Discretionary PTO, 8 Paid Holidays, 144 hours of Paid Sick leave.
- Research: We support all staff in academic publishing.
- Equity incentive plan
- 401k
- Talented and fun coworkers who are passionate about addiction treatment.
- The opportunity to be part of a mission driven company and make a difference in patients’ lives.
- Work remotely: 100% remote work environment with flexible hours. Live and work wherever you feel happiest.
Company values
- Create together – We are committed to building innovative solutions for our patients, partners and employees together.
- Lead with empathy & respect – We are intentional about the decisions and actions we take, by considering the diverse perspectives and experiences of all walks of our community.
- Always learning – We are a team that gets back on the bike. We strive to be better every day by learning and iterating and making progress towards our goals.
- Move with intention and foster trust – We are upfront about our intentions and we are honest about progress (and when there is a lack of progress).
- Drive impact – We are a team that is accountable to goals and drives demonstrable impact every day.
Funding (last 2 of 4 rounds)
Sep 2022
$5m
SERIES B
Jun 2022
$50m
SERIES B
Total funding: $87.3m
Leadership
Ankit Gupta
(CEO)Former Assistant Researcher at the Stanford University School of Medicine. Co-founded Pulse News in 2010, which was later integrated with LinkedIn, before becoming LinkedIn's Principal Product Manager of Connected Enterprise. Is the Co-founder of Docs and Hackers, a community-led group of medical practitioners and software builders.