Better Life Partners is a technology company.
Better Life Partners has raised $27.0M across 1 funding round.
Better Life Partners has raised $27.0M in total across 1 funding round.
Better Life Partners has raised $27.0M in total across 1 funding round.
Better Life Partners's investors include .406 Ventures, 7wire Ventures, aMoon Fund, F-Prime Capital Partners.
Better Life Partners is a healthtech company providing a hybrid (virtual and in-person) whole-health solution for individuals with substance use disorders (SUD), including opioid use disorder (OUD), alcohol use disorder (AUD), mental health support, and responsive care for co-occurring conditions.[1][2][4][5] It serves underserved populations through community-embedded care coordination, therapy, recovery coaching, medication-assisted treatment (MAT), and physician access, accepting Medicaid, Medicare, and commercial plans while operating in Maine, Massachusetts, New Hampshire, and Vermont.[1][2][4][5] The company has demonstrated strong growth, raising $26.5 million in Series B funding in 2023 to scale its technology-enabled model, which has doubled engagement, retention, and treatment continuation rates compared to standard options, and served thousands of members.[1][2][3]
Founded in 2021 and headquartered in Manchester/Hanover, New Hampshire, Better Life Partners emerged to address gaps in SUD care amid the opioid epidemic, combining virtual behavioral health with local partnerships like Acadia Healthcare and public health networks.[2][3] Key leaders include CEO Juliana Ekong, MD (public psychiatrist), co-founder and COO Steve Kelly, and co-founder and Board Chair Adam Groff, with board support from investors like F-Prime Capital Partners' Jon Lim, .406 Ventures' Liam Donohue, and aMoon's Yair Schindel.[1][2] Early traction came from prior seed and Series A funding totaling $11.8 million, enabling rapid expansion despite low digital health VC funding, and building on a mission to deliver affordable, high-quality care "wherever, whenever."[1][2]
Better Life Partners rides the wave of digital health innovation targeting the SUD epidemic, a massive public health crisis with growing demand for scalable, accessible solutions amid provider shortages and stigma.[1][2] Its timing aligns with post-pandemic virtual care adoption and value-based reimbursement shifts favoring outcomes like doubled retention rates, positioning it to disrupt traditional SUD treatment fragmented by geography and access barriers.[1][4] By partnering with health plans, community organizations, and entities like CareQuest Institute, it influences the ecosystem through population-level impact, expanding into new markets and setting a model for multispecialty, tech-backed behavioral health that confronts rising addiction rates.[1][2][4]
With $26.5M in recent Series B funding, Better Life Partners is poised to accelerate geographic expansion, deepen population health services, and refine its tech platform for broader SUD and mental health management.[1][2] Trends like AI-enhanced care coordination, increased Medicaid focus on behavioral health, and hybrid models will propel growth, potentially evolving its influence from regional disruptor to national leader in addiction recovery ecosystems.[1][4] This scales its core mission—revolutionizing outcomes for the underserved—building directly on proven engagement gains to heal more lives amid escalating addiction challenges.[1][5]
Better Life Partners has raised $27.0M across 1 funding round. Most recently, it raised $27.0M Series B in August 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 1, 2023 | $27.0M Series B | .406 Ventures, 7wire Ventures, aMoon Fund, F-Prime Capital Partners |