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affect raises a seed round to grow its stimulant abuse recovery service

AVATAR Alex Wilhelm
Alex Wilhelm
Senior Reporter, TechCrunch
April 21, 2021
affect raises a seed round to grow its stimulant abuse recovery service

Addressing Addiction with Innovative Software: Affect's Approach

A significant number of seed-stage companies present their proposals daily, spanning diverse sectors like software, applications, gaming, biotechnology, and even aerospace. However, it remains uncommon to encounter ventures focused on tackling addiction through technological solutions. Affect’s recent $1 million seed funding round, led by AlleyCorp, immediately sparked my interest.

Personal Connection and the Need for Modern Solutions

Having personally experienced rehabilitation for alcohol use disorder in a facility that lacked even basic technological amenities, the prospect of utilizing software to aid individuals in reducing substance use and reclaiming their lives felt particularly compelling.

Affect's Core Strategy: Combining Therapy and Rewards

Affect specifically targets stimulant abuse, aiming to assist individuals addicted to substances like methamphetamine in achieving complete abstinence. CEO Kristin Muhlner detailed the company’s methodology during a recent discussion. Essentially, the Affect application integrates contingency management – providing rewards for positive actions – with cognitive behavioral therapy (CBT), a therapeutic approach with established efficacy in addiction treatment.

Muhlner explained to TechCrunch that established recovery programs, such as Alcoholics Anonymous or SMART Recovery, also incorporate principles of CBT in their support strategies.

How the App Functions

Within the application, these concepts translate into tangible benefits like financial incentives for sustained abstinence or participation in group therapy sessions. Affect also provides access to various therapeutic services, including group and individual therapy, addiction counseling, and drug testing.

Data-Driven Improvement Through Machine Learning

Similar to many contemporary companies, Affect plans to leverage data analysis to refine its approach. According to a reviewed presentation, the company anticipates employing machine learning to enhance its model and service over time.

A Pragmatic Approach to Recovery

Importantly, Affect does not dismiss the value of medically assisted recovery, a crucial stance. Certain recovery philosophies wrongly view medical intervention as simply substituting one dependency for another. This perspective is demonstrably unsupported by scientific evidence. Therefore, Affect’s inclusion of adjuvant medication within its promotional materials is encouraging.

The Severity of Stimulant Abuse and Affect's Potential Impact

Stimulant abuse is a widespread issue in the United States, with methamphetamine addiction being particularly dangerous. There is no safe level of methamphetamine use; complete cessation is the only acceptable outcome. If successful, Affect’s work has the potential to significantly improve the lives of those struggling with stimulant addiction.

Future Growth and Strong Initial Market Response

I sincerely hope Affect secures additional funding to further validate its approach to addiction recovery. With insurance coverage potentially covering the cost of the software, the company could reach a substantial number of individuals in need. The CEO reported that the company was cautioned about the difficulty of reaching its target demographic.

However, after launching a digital advertisement, it had to be removed within seven minutes due to overwhelming response – a clear indication of strong product-market fit.

The Need for Continued Innovation in Addiction Treatment

It is vital that we see increased investment in startups addressing this critical problem. Addiction is a persistent challenge, and traditional methods are not the sole path to recovery.

#stimulant abuse#addiction recovery#seed funding#affect#mental health#recovery service

Alex Wilhelm

Alex Wilhelm's Background and Contributions

Alex Wilhelm previously held the position of senior reporter at TechCrunch. His reporting focused on the dynamics of financial markets, venture capital activities, and the startup ecosystem.

Reporting Focus at TechCrunch

Wilhelm’s work at TechCrunch centered around providing in-depth coverage of the financial aspects of technology companies. This included analysis of market trends and investment strategies.

Equity Podcast

Beyond his written reporting, Wilhelm was the original host of the highly acclaimed Equity podcast produced by TechCrunch. The podcast received a Webby Award in recognition of its quality and impact.

  • Equity is TechCrunch’s podcast dedicated to the business and money behind the startup world.
  • Wilhelm’s hosting role was foundational to the podcast’s success.
  • The Webby Award signifies the podcast’s standing as a leading industry resource.

His expertise encompassed not only reporting on the latest developments but also establishing a prominent audio platform for discussing the intricacies of startup finance.

Wilhelm’s contributions to TechCrunch spanned both traditional journalism and innovative podcasting, solidifying his role as a key voice in the tech and business media landscape.

Alex Wilhelm