Ria Health Secures Series B Growth Capital Led by Peloton Equity
Deal News | Mar 06, 2025 | Peloton Equity LLC
Ria Health, a prominent telehealth service provider focusing on alcohol use disorder (AUD) treatment, has successfully closed a Series B growth equity financing round. This funding was spearheaded by Peloton Equity, LLC, with continued investment from returning partners such as SV Health Investors, BPEA Private Equity, and SOSV. The capital raised will enable Ria Health to bolster its clinical model and payor coverage, invest more heavily in sales and marketing efforts, and strengthen its unique positioning within the AUD care spectrum. The strategic financial backing is set to amplify Ria Health's reach and efficacy in delivering patient-centered AUD treatment solutions.
Sectors
- Healthcare
- Private Equity
- Telehealth
Geography
- United States – The companies involved, including Ria Health and Peloton Equity, are based in the United States, indicating the geographical focus of the investment and expansion.
Industry
- Healthcare – The article revolves around Ria Health, a telehealth company offering treatment for alcohol use disorder, which firmly places it within the healthcare sector.
- Private Equity – Peloton Equity, a private equity firm, leads the Series B funding round for Ria Health, showcasing active involvement by private equity in healthcare investments.
- Telehealth – Ria Health is a telehealth provider for AUD treatment, highlighting the role of telehealth in modern healthcare solutions.
Financials
- Series B Growth Equity – The specific amount was not mentioned but refers to the type of funding round completed by Ria Health.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ria Health | Target Company | Company | A telehealth company providing treatment for alcohol use disorder. |
| Peloton Equity LLC | Bidding Company/Investor | Company | A private equity firm leading the Series B funding round for Ria Health. |
| SV Health Investors | Other Company/Investor | Company | An existing investor in Ria Health participating in the Series B funding round. |
| BPEA Private Equity | Other Company/Investor | Company | An existing investor participating in Ria Health's Series B funding. |
| SOSV | Other Company/Investor | Company | A venture capital firm that is part of the consortium of existing investors in Ria Health's Series B round. |