Lucid Lane is a supplier of well being providers aimed to help folks residing with remedy dependency. The corporate’s providers take care of psychological well being remedy, ache reduction, opioids, and benzodiazepine administration. And relapse prevention, thereby enabling sufferers to cut back their ache and enhance psychological wellness.
Lucid Lane funded $16 million led by Accel with Battery Ventures, AME Cloud Ventures, Morado Ventures, and strategic angel funding.
The corporate intends to make use of the funds on a number of enhancements, together with its sturdy analytics engine that brings personalised and context-sensitive remedy and help in real-time. It has additionally expanded its providers to deal with a broader spectrum of wants.
Tens of millions of individuals in America are prescribe opioids and benzodiazepines to ease bodily ache and psychological well being challenges.
The issue is complete and sophisticated. Nevertheless, at its core is the necessity to persistently mix medical, behavioral, and motivational care to realize affected person freedom from dependence or habit. Sadly, the present medical system just isn’t arrange effectively to ship built-in sort of care.
Sufferers, medical doctors, and payers are all unhappy with the present outcomes. But medical doctors particularly caught within the center. In consequence, sufferers with ache demand extra prescriptions from their medical doctors, and regulators and insurance coverage firms strain them to prescribe fewer medication.
Lucid Lane supplies an answer for sufferers, medical doctors, and payers. Lucid Lane has lengthened its providers to supply drug discount administration providers for individuals who depend on opioids, benzodiazepines, alcohol, and nicotine and Medicine-Assisted Therapy for sufferers identified with substance dysfunction particularly for opioids and alcohol.
The know-how of Lucid Lanes is enabling its applications to happen within the most secure potential environments. Its internet and mobile-based utility present distant affected person monitoring and permits members to speak with their devoted therapists every day. Lucid Lane’s trendy analytics engine brings out abounding well being indicators from sufferers to guage signs like despair, ache ranges, anxiousness, and withdrawal results and personalize their remedy. As well as, the analytics engine identifies sufferers who need assistance and might join them instantly with an on-call counselor.
This firm has grown tremendously in each sufferers served and total income, reaching the unbelievable demand for its providers final 12 months. In consequence, lucid Lane now works with many hospitals, ache clinics, major care suppliers, restoration facilities, and different specialties in the USA.
By: Ok. Tagura
Writer assertion:
Funded.com is the main platform for accredited traders community worldwide. We monitor and supply updates on necessary funding occasions. Angel Buyers and Enterprise Funding generally is a key development for a startup or present enterprise. Whether or not it’s a first, second or third spherical financing having a strategic alliance with an Angel Investor or Enterprise Capital financing can propel a enterprise to the subsequent stage and provides the aggressive edge.
