Digital alcohol detox and restoration platform Clear Slate Clinic has raised $4.3 million forward of plans for a $10m Collection A.
Influence investor Large Leap and an current backer Scale Buyers backed the $2.8m convertible be aware. Current investor Australian Medical Angels additionally supported the startup with a $1.5m debt facility.
Based in 2020, Clear Slate is a social enterprise with greater than 3000 shoppers serving to them detox at residence from alcohol, stimulant, or hashish.
Clear Slate is now trying to increase $10m in Collection A for UK development and growth into different markets in 2027.
Cofounder Chris Davis, a GP, mentioned whereas 1.4 million drink at ranges requiring specialist care, just one in 4 individuals with alcohol dependence ever search therapy, and even then it might take almost 20 years to ask for assist.
“Alcohol is the most typical drug presentation within the Australian well being system, but secure, clinician-led detox at residence has been nearly non-existent,” he mentioned.
“For years, I watched individuals cycle via disaster as a result of neighborhood care merely didn’t exist at scale. Clear Slate adjustments that by giving individuals entry to medical care at residence when they’re prepared to hunt assist.”
Large Leap associate Rachel Yang mentioned stigma and outdated therapy fashions imply many individuals delay or keep away from in search of care, so Clear Slate gives a greater mannequin.
“What’s compelling is not only the accessibility and medical impression, however the business validation,” she mentioned.
“The corporate has achieved robust year-on-year development and secured reimbursement protection throughout nearly all of Australia’s personal well being insurers. It’s a uncommon instance of an answer that’s higher for sufferers, payers and the healthcare system as a complete.”
