Ria Health Raises $18M in Series A Funding
Summary
Ria Health, a San Francisco, CA-based telehealth provider specializing in alcohol use disorder (AUD) treatment, raised $18m in Series A funding. In conjunction with the funding, Michael Balmuth, Managing Partner at SV, joined the Ria Health board. Led by Tom Nix, CEO, Ria Health provides an evidence-based telehealth treatment program that combines medical science, technology, and human compassion to help people improve their lives with a an online solution. The expert providers empower their patients to set personalized goals, which may focus on clinically-measured reduction of alcohol misuse rather than abstinence. Patients utilize a combination of one-on-one coaching, medical support, digitally connected breathalyzers, and physician prescribed medications to systematically reduce the adverse impacts of AUD and treat co-occurring mental illness.