DynamiCare
Newton, US · Founded 2016 · 4 known investors
DynamiCare offers a digital recovery platform that uses behavioral science and technology to help individuals reduce or eliminate their use of alcohol, drugs, and tobacco. The product focuses on addiction recovery and substance use treatment.
Founders & leadership
DynamiCare was founded in 2016 by Eric Gastfriend.
EG
Eric GastfriendFounder
DG
David GastfriendNamed on SEC filing
Investors · 4
Reported raises · per SEC filings
Form D private placements$5.8M disclosed across 6 rounds · 2016–2022
▶$875KraisedOct 2022 · 14 investors · Other TechnologyRule 506(b)
▶$875KraisedOct 2022 · 14 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Eric GastfriendExecutive Officer, Director
- Amount sold
- $875K
- Minimum investment
- $25K
- First sale
- Sep 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$1MraisedJan 2022 · 4 investors · Other TechnologyRule 506(b)
▶$1MraisedJan 2022 · 4 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Eric GastfriendExecutive Officer, Director
- Offering amount
- $1M
- Amount sold
- $1M
- First sale
- Dec 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$550KraisedMay 2021 · 4 investors · Other TechnologyRule 506(b)
▶$550KraisedMay 2021 · 4 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Eric GastfriendExecutive Officer, Director
- Offering amount
- $550K
- Amount sold
- $550K
- Minimum investment
- $10K
- Proceeds to insiders
- $100K
- First sale
- Apr 2021
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$1000KraisedDec 2020 · 11 investors · Other TechnologyRule 506(b)
▶$1000KraisedDec 2020 · 11 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Eric GastfriendExecutive Officer, Director
- David GastfriendDirector
- Offering amount
- $1M
- Amount sold
- $1000K
- Minimum investment
- $10K
- Proceeds to insiders
- $300K
- First sale
- Oct 2020
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$2.2MraisedFeb 2019 · 13 investors · Other TechnologyRule 506(b)
▶$2.2MraisedFeb 2019 · 13 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Eric GastfriendExecutive Officer, Director
- David GastfriendDirector
- Amount sold
- $2.2M
- Minimum investment
- $10K
- Proceeds to insiders
- $300K
- First sale
- Jan 2019
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
▶$150KraisedNov 2016 · 2 investors · ComputersRule 506(b)
▶$150KraisedNov 2016 · 2 investors · Computers
Rule 506(b)Officers, directors & promoters on the filing
- David GastfriendDirector
- Eric GastfriendExecutive Officer, Director
- Offering amount
- $1.2M
- Amount sold
- $150K
- Minimum investment
- $10K
- Proceeds to insiders
- $100K
- First sale
- Jul 2016
- Incorporated
- Corporation, Delaware, 2016
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Non-dilutive funding · 5 SBIR/STTR awards
Federal grants — no equity taken| Agency | Phase | Year | Amount |
|---|---|---|---|
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2023 | $819.1K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2021 | $255.1K |
| National Institutes of Health (NIH)National Institutes of Health | Phase II | 2020 | $1.6M |
| National Institutes of Health (NIH)National Institutes of Health | Phase ISTTR | 2019 | $222.4K |
| National Institutes of Health (NIH)National Institutes of Health | Phase I | 2017 | $145.5K |
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.
Frequently asked questions
- What does DynamiCare do?
- DynamiCare offers a digital recovery platform that uses behavioral science and technology to help individuals reduce or eliminate their use of alcohol, drugs, and tobacco. The product focuses on addiction recovery and substance use treatment.
- Who founded DynamiCare?
- DynamiCare was founded by Eric Gastfriend in 2016.
- Who are DynamiCare's investors?
- DynamiCare's investors include Early Light Ventures, MEDA Ventures, The MBA Fund, Hyperplane Venture Capital.
- How much funding has DynamiCare raised?
- DynamiCare has disclosed $5.8M raised across 6 rounds.
- Where is DynamiCare headquartered?
- DynamiCare is headquartered in Newton, US.