Boulder Company Profile

Background

Company Name: Boulder Care

Mission: To provide telehealth addiction treatment that is accessible, personalized, and grounded in kindness, respect, and unconditional support.

Vision: To empower individuals with substance use disorders to achieve their recovery goals through judgment-free support and evidence-based treatment rooted in harm reduction principles.

Primary Area of Focus: Telehealth addiction treatment services.

Industry Significance: Boulder Care is a leading provider in the telehealth addiction treatment sector, offering innovative and accessible solutions for individuals seeking recovery support.

Key Strategic Focus

Core Objectives:

Deliver personalized telehealth addiction treatment services.

Utilize evidence-based practices rooted in harm reduction.

Ensure accessibility and flexibility in treatment options.

Specific Areas of Specialization:

Substance use disorder treatment via telehealth platforms.

Harm reduction strategies in addiction recovery.

Personalized care plans tailored to individual needs.

Key Technologies Utilized:

Secure messaging platforms for patient communication.

Video conferencing tools for virtual therapy sessions.

Mobile applications for treatment tracking and support.

Primary Markets or Conditions Targeted:

Individuals seeking remote addiction treatment services.

Patients requiring flexible and accessible recovery support.

Financials and Funding

Total Funds Raised: $50.1 million.

Recent Funding Rounds:

May 2023: Raised $36 million.

Notable Investors:

First Round Capital

Greycroft Partners

Tusk Venture Partners

Gaingels

Qiming Venture Partners

Goodwater Capital

Laerdal Million Lives Fund

Intended Utilization of Capital:

Expand telehealth services and infrastructure.

Enhance technology platforms for improved patient engagement.

Support research and development of new treatment methodologies.

Pipeline Development

Key Pipeline Candidates:

Development of advanced telehealth platforms for addiction treatment.

Integration of AI-driven tools for personalized care plans.

Stages of Clinical Trials or Product Development:

Ongoing development and refinement of telehealth treatment platforms.

Target Conditions:

Substance use disorders, including alcohol and opioid dependencies.

Relevant Timelines for Anticipated Milestones:

Continuous updates and enhancements to telehealth services.

Technological Platform and Innovation

Proprietary Technologies:

Secure messaging and video conferencing tools tailored for addiction treatment.

Mobile applications for treatment tracking and patient support.

Significant Scientific Methods:

Evidence-based harm reduction strategies.

Personalized care plans utilizing patient data and feedback.

AI-Driven Capabilities:

Integration of AI tools for personalized treatment recommendations.

Leadership Team

Stephanie (Papes) Strong – Founder & CEO

Professional Background: Former Healthcare Services and Technology Investor at Apple Tree Partners.

Key Contributions: Founded Boulder Care to revolutionize addiction treatment through telehealth services.

David Lerman – CTO

Professional Background: Co-Founder & CTO of Say Media.

Key Contributions: Led the development of Boulder Care's technological infrastructure.

Sara Young – VP of Partner Success

Professional Background: Senior Director of Client Success at Teladoc Health.

Key Contributions: Oversees partnerships and ensures successful client engagement.

Pia Shivdasani – VP of Operations

Professional Background: Associate Principal at Echo Health Ventures.

Key Contributions: Manages operational aspects to ensure efficient service delivery.

Benjamin Maclean – General Counsel

Professional Background: Associate at JONES DAY.

Key Contributions: Provides legal guidance and ensures regulatory compliance.

Market Insights and Competitor Analysis

Market Dynamics:

The telehealth addiction treatment market is experiencing significant growth, driven by increasing demand for accessible and flexible recovery support services.

Advancements in telehealth technology and a shift towards remote healthcare solutions are reshaping the addiction treatment landscape.

Major Competitors:

Teladoc Health: A leading telehealth provider offering a range of virtual healthcare services, including mental health support.

Recovery Centers of America: Provides both in-person and telehealth addiction treatment services across multiple states.

Pear Therapeutics: Develops prescription digital therapeutics for substance use disorders, integrating technology into treatment plans.

Strategic Collaborations and Partnerships:

Collaborations with healthcare providers to expand service offerings.

Partnerships with technology firms to enhance telehealth platforms.

Operational Insights:

Boulder Care differentiates itself through a strong focus on personalized care and harm reduction strategies.

The company's telehealth model offers flexibility and accessibility, catering to a diverse patient base.

Strategic Opportunities and Future Directions

Strategic Roadmap:

Expand telehealth services to reach underserved populations.

Integrate advanced technologies, including AI and machine learning, to enhance treatment personalization.

Future Business Directions:

Develop additional support services, such as peer recovery coaching and community resources.

Explore international markets to provide telehealth addiction treatment globally.

Opportunities for Expansion:

Partner with insurance providers to offer covered telehealth addiction treatment services.

Collaborate with employers to provide addiction treatment support as part of employee wellness programs.

Positioning for Future Objectives:

Boulder's commitment to innovation and patient-centered care positions it well to lead in the evolving telehealth addiction treatment market.

Contact Information

Official Website: Boulder Care

Social Media Profiles:

LinkedIn: Boulder Care

Twitter: @BoulderCare

Facebook: Boulder Care

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