Marigold Health Raises $11M in Funding to Expand Substance Use Disorder Care

Marigold Health secures $11M in Series A Funding

Marigold Health (Linkedin), a mental health care company based in the United States, has raised $11 million in Series A funding to address the national shortage of substance use disorder (SUD) care. Their proprietary peer support program combines one-on-one coaching with text-based support groups, utilizing natural language processing for additional assistance.

Funding Amount: $11 million

Industry: Mental Health Care

Employee Count: 11-50

CEO: Shrenik Jain (CEO Linkedin)

What Marigold Health needs to buy: Marigold Health is seeking partnerships with primary care clinics, substance use treatment providers, hospital systems, and health insurance plans. They are also looking to collaborate with tech companies to enhance their app and natural language processing capabilities. Companies in the healthcare industry, technology development, and health insurance sectors are ideal partners for Marigold Health to support their mission of expanding access to high-quality peer support for individuals with substance use disorder (SUD).