Fundraising Fox

DynamiCare

Newton, US · Founded 2016 · 4 known investors

Find your way into DynamiCare

689 people in our graph share verified history with the DynamiCare team — schools, employers, funds. One of them is your warm intro.

Ben Robbinsunlockedknows Eric Gastfriend · together at Harvard Business School (overlapped)
knows the team · via Brown University
×10knows the team · via Harvard Business School

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.

EGEric Gastfriend
Eric GastfriendinCo-Founder and PresidentEric Gastfriend is President of DynamiCare Health, a digital health platform addressing substance use disorders through behavioral science and technology. He previously served as CEO of DynamiCare, which has secured over $8M in equity funding and partnerships with state agencies and major health plans.
KB
Kelley BowkerinWas no longer CEO at time of closing.
DG
David GastfriendNamed on SEC filing

Board

BB
Benjamin BluminLeft board upon closing.Venture Partner at Hyperplane Venture Capital

Investors · 4

Reported raises · per SEC filings

Form D private placements

$6.5M disclosed across 7 rounds · 2016–2026

$720KraisedSep 2026 · 6 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • David Robert GastfriendExecutive Officer, Director, Promoter
  • Eric Elias GastfriendDirector
  • Benjamin BlumDirector
  • Kelley BowkerExecutive Officer
Offering amount
$1.5M
Amount sold
$720K
First sale
Aug 2026
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗
$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
Full filing on SEC EDGAR ↗

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
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase II2023$819.1K
National Institutes of Health (NIH)National Institutes of HealthPhase I2021$255.1K
National Institutes of Health (NIH)National Institutes of HealthPhase II2020$1.6M
National Institutes of Health (NIH)National Institutes of HealthPhase ISTTR2019$222.4K
National Institutes of Health (NIH)National Institutes of HealthPhase I2017$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.

In the news

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 $6.5M raised across 7 rounds.
Where is DynamiCare headquartered?
DynamiCare is headquartered in Newton, US.