Ria Health Secures Growth Capital in Series B Round
Deal News | Mar 06, 2025 | SV Health Investors, LLC
Ria Health, a telehealth provider specializing in evidence-based treatment for alcohol use disorder (AUD), recently closed a Series B growth equity funding round. The investment was led by Peloton Equity, with substantial backing from existing investors including SV Health Investors, BPEA Private Equity, and SOSV. The funding will enable Ria Health to scale its clinical model, enhance sales and marketing efforts, and expand payor coverage, reinforcing its role as a key partner in AUD care. Ria Health's patient-driven model combines medication-assisted treatment, behavioral therapy, and coaching and currently serves clients nationwide across all 50 states. The company's cost-effective, outcome-focused approach is designed to drive both clinical success and reduce medical expenses for payors. The funding supports Ria Health's strategic vision for improving the integration and patient focus in AUD care. Additionally, Michael O'Rourke of Peloton Equity has joined the company's board of directors, further strengthening their governance as they chart a path toward transformation in the AUD treatment industry.
Sectors
- Healthcare Services
- Private Equity
Geography
- United States – Ria Health provides telehealth services across all 50 states in the U.S., and Peloton Equity is also based in the U.S.
- United Kingdom – SV Health Investors has offices in Boston and London, indicating its presence and operational interests in the UK market.
Industry
- Healthcare Services – Ria Health operates within the healthcare sector, specifically in telehealth services providing treatment for alcohol use disorder (AUD).
- Private Equity – The article discusses investment participation from multiple private equity firms, including SV Health Investors and Peloton Equity, highlighting the role of private equity in healthcare investments.
Financials
- Series B – The closed Series B growth equity funding round led by Peloton Equity to support Ria Health's expansion.
Participants
Name | Role | Type | Description |
---|---|---|---|
Ria Health | Target | Company | A telehealth provider specializing in alcohol use disorder treatment, offering evidence-based, patient-driven services. |
Peloton Equity, LLC | Lead Investor | Company | A private equity firm focused on growth capital investments in healthcare. |
SV Health Investors | Investor | Company | A private equity firm investing in healthcare and life sciences sectors. |
BPEA Private Equity | Investor | Company | A Boston-based private equity firm focusing on growth investments in the healthcare sector. |
SOSV | Investor | Company | A global venture capital firm providing multi-stage investment support. |
Michael O'Rourke | Board Member | Person | Partner at Peloton Equity; newly appointed to Ria Health's Board of Directors. |