About Bicycle Health
Bicycle Health is a company based in San Francisco (United States) founded in 2018 by Ankit Gupta and Amit Ghorawat.. Bicycle Health has raised $104 million across 5 funding rounds from investors including Valeo, Questa Capital and JSL Health Capital. Bicycle Health offers products and services including Suboxone Treatment Program and Therapy and Support Services. Bicycle Health operates in a competitive market with competitors including Boulder Care, Workit Health, Pelago, DynamiCare Health and Monument, among others.
- Headquarter San Francisco, United States
- Founders Ankit Gupta, Amit Ghorawat
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Sectors
Healthcare
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Email
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Phone
*********
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Website
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Social
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- Legal Name Bicycle Health Medical Group, Pa
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$104 M (USD)
in 5 rounds
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Latest Funding Round
$16.5 M (USD), Series C
Jan 29, 2025
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Investors
Valeo
& 14 more
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Employee Count
Employee Count
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Products & Services of Bicycle Health
Bicycle Health offers a comprehensive portfolio of products and services, including Suboxone Treatment Program and Therapy and Support Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers online medication for opioid dependence with minimal withdrawal symptoms.
Provides counseling and community aid for addiction recovery via app.
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Funding Insights of Bicycle Health
Bicycle Health has successfully raised a total of $104M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $16.5 million completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $16.5M
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First Round
First Round
(21 May 2020)
- Investors Count 15
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2025 | Amount | Series C - Bicycle Health | Valuation | Questa Capital | |
| Sep, 2022 | Amount | Series B - Bicycle Health | Valuation | Cobalt Ventures |
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| May, 2022 | Amount | Series B - Bicycle Health | Valuation | InterAlpen Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bicycle Health
Bicycle Health has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Valeo, Questa Capital and JSL Health Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Growth-stage VC and PE investments are directed across multiple sectors.
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Founded Year | Domain | Location | |
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Seed and early-stage startups are funded by SignalFire.
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Seed-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bicycle Health
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bicycle Health
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bicycle Health Comparisons
Competitors of Bicycle Health
Bicycle Health operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Boulder Care, Workit Health, Pelago, DynamiCare Health and Monument, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Telehealth-based treatment for substance use disorders is provided.
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| domain | founded_year | HQ Location |
Provider of an app for sobriety management
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| domain | founded_year | HQ Location |
Personalized virtual clinic solutions for substance use disorders are provided.
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| domain | founded_year | HQ Location |
Digital therapeutics for substance use recovery are provided.
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| domain | founded_year | HQ Location |
SaaS telehealth platform for de-addiction support is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bicycle Health
Frequently Asked Questions about Bicycle Health
When was Bicycle Health founded?
Bicycle Health was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Bicycle Health located?
Bicycle Health is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Bicycle Health?
Ankit Gupta is the current CEO of Bicycle Health. They have also founded this company.
Is Bicycle Health a funded company?
Bicycle Health is a funded company, having raised a total of $104M across 5 funding rounds to date. The company's 1st funding round was a Series B of $50M, raised on May 21, 2020.
What does Bicycle Health do?
Bicycle Health was founded in 2018 in San Francisco, United States, within the telehealth sector. An online platform is operated to facilitate consultations for addiction treatments. Users are enabled to search for specialized doctors and book appointments, which are conducted via phone or video calls. Services focus on deaddiction support, connecting patients with healthcare providers remotely.
Who are the top competitors of Bicycle Health?
Bicycle Health's top competitors include Pelago, Workit Health and Boulder Care.
What products or services does Bicycle Health offer?
Bicycle Health offers Suboxone Treatment Program and Therapy and Support Services.
Who are Bicycle Health's investors?
Bicycle Health has 15 investors. Key investors include Valeo, Questa Capital, JSL Health Capital, SignalFire, and Hustle Fund.