Fundraising Fox

Workit Health

Ann Arbor, US · Delaware corporation · 7 known investors

workithealth.com ↗

Workit Health is a 100% online addiction treatment program that prescribes FDA-approved medications like Suboxone and naltrexone for opioid, alcohol, and kratom use disorders via licensed clinicians through video consultations. The platform serves individuals seeking medication-assisted treatment (MAT) who cannot take time away from work or family for traditional inpatient rehab.

Digital HealthHealthtech

Founders & leadership

LMLisa McLaughlin
Lisa McLaughlinCo-founder
RMRobin McIntosh
Robin McIntoshCo-founder

Board

TK
Todd KimmelBoard directorManaging Partner at Montage Ventures

Investors · 7

CVS Health VenturesWoonsocket
ID VenturesDetroit · $50K – $250K
Wakestream VenturesGrand Rapids · $150K – $500K
Gingerbread CapitalreportedNew York · $100K – $10M
Impact EnginereportedChicago · $250K – $3M
Montage VenturesreportedMenlo Park · $4M
RRE VenturesreportedNew York · $5M – $15M

Reported raises · per SEC filings

Form D private placements

$87.9M disclosed across 3 rounds · 2018–2021

▶$75MraisedOct 2021 · 17 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Elizabeth FerreiraDirector
  • Nicole ShimerDirector
  • Michael SpadaforeDirector
  • Lisa McLaughlinExecutive Officer, Director
  • Robin McIntoshExecutive Officer, Director
Offering amount
$75M
Amount sold
$75M
First sale
Sep 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$12MraisedNov 2020 · 10 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Lisa McLaughlinExecutive Officer, Director
  • Elizabeth FerreiraDirector
  • Ben SlocumDirector
  • Michael SpadaforeDirector
  • Todd KimmelDirector
  • Robin McIntoshExecutive Officer, Director
Offering amount
$12M
Amount sold
$12M
First sale
Oct 2020
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$900KraisedSep 2018 · 6 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Lisa McLaughlinExecutive Officer, Director
  • Todd KimmelDirector
  • Robin McIntoshExecutive Officer, Director
Offering amount
$5M
Amount sold
$900K
First sale
Sep 2018
Incorporated
Corporation, Delaware, 2015
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 · 2

by search overlap
Bicycle Health2905 shared keywordsBicycle Health provides treatment and support for opioid use disorder (OUD). The company specializes in addressing substance use disorders through clinical care programs.
Ophelia1480 shared keywordsOphelia provides medication-assisted treatment for opioid addiction through a telemedicine platform, allowing patients to receive care without attending residential rehab. The service is designed for individuals struggling with opioid addiction who prefer privacy-respecting, home-based treatment options.

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

Non-dilutive funding · 3 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
National Institutes of Health (NIH)National Institutes of HealthPhase I2021$314K
National Institutes of Health (NIH)National Institutes of HealthPhase I2019$224.5K
National Science FoundationPhase I2017$225K

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 Workit Health do?
Workit Health is a 100% online addiction treatment program that prescribes FDA-approved medications like Suboxone and naltrexone for opioid, alcohol, and kratom use disorders via licensed clinicians through video consultations. The platform serves individuals seeking medication-assisted treatment (MAT) who cannot take time away from work or family for traditional inpatient rehab.
Who founded Workit Health?
Workit Health was founded by Lisa McLaughlin, Robin McIntosh.
Who are Workit Health's investors?
Workit Health's investors include CVS Health Ventures, ID Ventures, Wakestream Ventures, Gingerbread Capital, Impact Engine, Montage Ventures, RRE Ventures.
How much funding has Workit Health raised?
Workit Health has disclosed $87.9M raised across 3 rounds.
Where is Workit Health headquartered?
Workit Health is headquartered in Ann Arbor, US.