About Groups Recover Together
Groups Recover Together is a company based in Burlington (United States) founded in 2014 by Jeffrey De Flavio and Silas Howland.. Groups Recover Together has raised $60 million across 2 funding rounds from investors including Bessemer Venture Partners, Oak HC/FT and Transformation Capital. Groups Recover Together offers products and services including Suboxone Treatment and Group Therapy.
- Headquarter Burlington, United States
- Founders Jeffrey De Flavio, Silas Howland
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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 Recover Together, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$60 M (USD)
in 2 rounds
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Latest Funding Round
$60 M (USD), Series C
May 05, 2021
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Investors
Bessemer Venture Partners
& 5 more
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Employee Count
Employee Count
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Products & Services of Groups Recover Together
Groups Recover Together offers a comprehensive portfolio of products and services, including Suboxone Treatment and Group Therapy. 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.
Suboxone is prescribed for opioid recovery, with adjustments made to doses as needed
Community-based sessions are conducted weekly to foster bonds and provide recovery skills
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Funding Insights of Groups Recover Together
Groups Recover Together has successfully raised a total of $60M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $60 million completed in May 2021. 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 2
- Last Round Series C — $60.0M
- First Round First Round
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Series C - Groups Recover Together | Valuation | Oak HC/FT | |
| Apr, 2017 | Amount | Series A - Groups Recover Together | Valuation |
investors |
| 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 |
Investors in Groups Recover Together
Groups Recover Together has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Bessemer Venture Partners, Oak HC/FT and Transformation 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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Investments are made in early-stage healthtech and fintech startups.
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Founded Year | Domain | Location | |
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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Founded Year | Domain | Location | |
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Healthcare 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 Groups Recover Together
| 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 - Groups Recover Together
| 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 |
Groups Recover Together Comparisons
Competitors of Groups Recover Together
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Groups Recover Together
When was Groups Recover Together founded?
Groups Recover Together was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Groups Recover Together located?
Groups Recover Together is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
Who is the current CEO of Groups Recover Together?
Colleen Nicewicz is the current CEO of Groups Recover Together.
Is Groups Recover Together a funded company?
Groups Recover Together is a funded company, having raised a total of $60M across 2 funding rounds to date.
What does Groups Recover Together do?
Groups Recover Together was founded in 2014 in Burlington, United States, as a healthcare company focused on opioid addiction treatment. A chain of therapy centers is maintained to deliver medication-assisted treatment alongside counseling and community support. Services are structured to address individual needs and promote sustained recovery within the behavioral health sector. Operations span multiple locations across the country.
What products or services does Groups Recover Together offer?
Groups Recover Together offers Suboxone Treatment and Group Therapy.
Who are Groups Recover Together's investors?
Groups Recover Together has 6 investors. Key investors include Bessemer Venture Partners, Oak HC/FT, Transformation Capital, RRE Ventures, and Optum Ventures.