Fundraising Fox

Affect Therapeutics

New York, US · Founded 2020 · Delaware corporation · 162 employees on LinkedIn · 8 known investors

Affect Therapeutics operates an app-based digital treatment provider offering care for substance use disorders (alcohol, cannabis, opioid) and mental health conditions like depression and anxiety, using methods such as contingency management, CBT, medication-assisted treatment, and peer support. It serves members across the U.S. including those covered by Medicaid, and works with providers, courts, employers, and health systems.

Founders & leadership

Affect Therapeutics was founded in 2020 by Jeff DeFlavio.

JDJeff DeFlavio
Jeff DeFlavioinExecutive Chairman and co-FounderCo-founder of Affect Therapeutics, an app-based digital treatment provider offering care for substance use disorders and mental health conditions across the U.S.
KMKristin Muhlner
Kristin MuhlnerinChief Executive Officer

Board

KR
Kevin RyanBoard director
JRJeff Rinehart
Jeff RinehartinBoard MemberPartner at City Light

Investors · 8

Also in the syndicate · 1

CityLight

Funding

SEC filings, press & company announcements

$24.6M disclosed across 2 of 3 rounds · 2021–2025

$18.1MraisedJul 2023 · 9 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Jeff RinehartDirector
  • Kevin RyanDirector
  • Jeff DeFlavioDirector
  • Stuart PetersonDirector
  • Kristin MuhlnerExecutive Officer, Director
Offering amount
$18.1M
Amount sold
$18.1M
First sale
Dec 2022
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$6.5MraisedSep 2021 · 10 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Kevin RyanDirector
  • Kristin MuhlnerExecutive Officer, Director
  • Jeff RinehartDirector
  • Jeff DeFlavioDirector
Offering amount
$6.5M
Amount sold
$6.5M
First sale
Jun 2021
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 5

by search overlap

Companies competing with Affect Therapeutics for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 1 SBIR/STTR award

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase I2021$309.4K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Frequently asked questions

What does Affect Therapeutics do?
Affect Therapeutics operates an app-based digital treatment provider offering care for substance use disorders (alcohol, cannabis, opioid) and mental health conditions like depression and anxiety, using methods such as contingency management, CBT, medication-assisted treatment, and peer support. It serves members across the U.S. including those covered by Medicaid, and works with providers, courts, employers, and health systems.
Who founded Affect Therapeutics?
Affect Therapeutics was founded by Jeff DeFlavio in 2020.
Who are Affect Therapeutics's investors?
Affect Therapeutics's investors include Artis Ventures, City Light, AlleyCorp, LifeArc Ventures, Samsung Next, What If Ventures, Allumia Ventures.
How much funding has Affect Therapeutics raised?
Affect Therapeutics has disclosed $24.6M raised across 2 of its 3 known rounds.
Where is Affect Therapeutics headquartered?
Affect Therapeutics is headquartered in New York, US.