Fenwick represented Bicycle Health, a leading virtual care provider of evidence based treatment for opioid use disorder, in its $27 million Series A financing. The investment was led by Questa Capital with participation from City Light Capital, Emily Melton and previous investor SignalFire.
Bicycle Health will use the capital to expand its rapidly growing clinician network, partner with additional payers, invest in research and continue building local community partnerships to reach those without other treatment options. More information can be obtained from the company’s announcement.
The Fenwick transaction team was led by corporate partner Michael Esquivel and included associates Shweta Kumar and Jared Leung.