It's Accelerate Michigan week and we’re thrilled to be semi-finalists again at an event that is core to our hearts and has been pivotal in our path. What a difference a year has made growing our silicon-valley founded, venture-backed startup in Metro Detroit, where we have an intellectual community and the tightest of ties. Here’s why we’re proud to be here:
Seed Funding Led By Montage Ventures and Lux Capital Will Support Continued Growth and Development of Innovative Digital Health Programs
OAKLAND, CA and ANN ARBOR, MI-- Workit Health, an innovative digital program for overcoming addictive behaviors, today announced it has raised a $1.1 million Seed financing round led by Montage Ventures and Lux Capital. The round includes additional funding from Invest Detroit Ventures’ First Step Fund, Wakestream Ventures (venture arm spun out of Start Garden), Impact Engine, and strategic angel investors.
Wellness programs have rarely seen drug and alcohol use, and potential abuse from a point of prevention. This is akin to waiting until a person has a BMI of 35 before we begin to work with them on their weight management issues. Substance use, like all other issues, has various acuity levels. Sometimes, left untreated, a person who begins by having a glass of wine at night, ends ups drinking three or more glasses a night and eventually becomes a full blown alcoholic. Occasional drug use can easily turn into heavy drug use but rarely does it go from recreational to misuse immediately.