Groups Recover Together Overview
- Year Founded
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2014
- Status
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Private
- Employees
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510
- Latest Deal Type
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Mezzanine
- Latest Deal Amount
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$35.4M
- Investors
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10
Groups Recover Together General Information
Description
Provider of opioid addiction recovery and care services intended to combat opiate use disorder. The company provides access to medication-assisted treatment (MAT), using Suboxone (buprenorphine), as well as a program designed to build a sense of community and accountability, enabling patients to gain control of their lives through therapy and medication.
Contact Information
Website
www.joingroups.comCorporate Office
- 111 South Bedford Street
- Suite 205
- Burlington, MA 01803-5145
- United States
Corporate Office
- 111 South Bedford Street
- Suite 205
- Burlington, MA 01803-5145
- United States
Groups Recover Together Timeline
Groups Recover Together Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Mezzanine | 03-Jul-2023 | $35.4M | Completed | Generating Revenue | ||
| 7. Debt - General | 01-Jan-2023 | Completed | Generating Revenue | |||
| 6. Debt - General | 01-Jan-2022 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series C) | 21-May-2021 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B) | 01-Apr-2019 | Completed | Startup | |||
| 3. Early Stage VC (Series A1) | 17-Nov-2017 | Completed | Startup | |||
| 2. Early Stage VC (Series A) | 28-Jun-2017 | $13M | $17M | Completed | Startup | |
| 1. Seed Round | 08-Dec-2015 | $4M | $4M | Completed | Startup |
Groups Recover Together Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C | ||||||||
| Series B1 | ||||||||
| Series B | ||||||||
| Series A1 | ||||||||
| Series A | ||||||||
| Seed 1 | 642,856 | $0.001000 | 8% | $0.7 | $0.7 | 1x | $0.7 | 1.33% |
| Seed | 3,550,000 | $0.001000 | 8% | $1 | $1 | 1x | $1 | 7.35% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Groups Recover Together Comparisons
Industry
Financing
Details
Groups Recover Together Competitors (9)
One of Groups Recover Together’s 9 competitors is Eleanor Health, a Venture Capital-Backed company based in Waltham, MA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Eleanor Health | Venture Capital-Backed | Waltham, MA | ||||
| BayMark Health Services | Private Equity-Backed | Lewisville, TX | ||||
| CleanSlate (Clinics/Outpatient Services) | Venture Capital-Backed | Brentwood, TN | ||||
| Promises Behavioral Health | Private Equity-Backed | Brentwood, TN | ||||
| Spero Health | Private Equity-Backed | Brentwood, TN |
Groups Recover Together Related Research & Analysis
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Groups Recover Together Signals
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Majestic Referring Domains
Groups Recover Together Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Hercules Capital | Lender/Debt Provider | Minority | ||
| Oak HC/FT | Venture Capital | Minority | ||
| Kaiser Permanente Ventures | Corporate Venture Capital | Minority | ||
| Optum Ventures | Corporate Venture Capital | Minority | ||
| Transformation Capital | Growth/Expansion | Minority |
Groups Recover Together FAQs
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When was Groups Recover Together founded?
Groups Recover Together was founded in 2014.
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Where is Groups Recover Together headquartered?
Groups Recover Together is headquartered in Burlington, MA.
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What is the size of Groups Recover Together?
Groups Recover Together has 510 total employees.
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What industry is Groups Recover Together in?
Groups Recover Together’s primary industry is Clinics/Outpatient Services.
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Is Groups Recover Together a private or public company?
Groups Recover Together is a Private company.
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What is Groups Recover Together’s current revenue?
The current revenue for Groups Recover Together is .
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How much funding has Groups Recover Together raised over time?
Groups Recover Together has raised $245M.
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Who are Groups Recover Together’s investors?
Hercules Capital, Oak HC/FT, Kaiser Permanente Ventures, Optum Ventures, and Transformation Capital are 5 of 10 investors who have invested in Groups Recover Together.
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Who are Groups Recover Together’s competitors?
Eleanor Health, BayMark Health Services, CleanSlate (Clinics/Outpatient Services), Promises Behavioral Health, and Spero Health are some of the 9 competitors of Groups Recover Together.
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