Kyros operates a digital platform providing Substance Use Disorder (SUD) recovery services that connects and empowers clients, providers, and organizations. Its digital interface provides tailored experiences by fostering in-person and online connections with providers and streamlines business services such as liability insurance, billing, payments, technology, and clinical supervision. Led by CEO and President Daniel Larson, Kyros supports peer recovery services and is expanding access to same-day, virtual comprehensive assessments to offer immediate pathways for care. The company reports serving over 5,000 clients in the last 24 months and engaging over 400 CPRS who have provided those services. Kyros intends to use the new funding to expand access to its services and scale both the client-facing experience and provider enablement. Kyros operates a digital marketplace that connects people in recovery with treatment providers, support organizations, and administrative services. The platform streamlines billing, assists with insurance claims, and offers business services such as payments, liability insurance, technology, and clinical supervision. Founded in 2021 by Daniel Larson and launched in Minneapolis, Kyros was born from the founder’s personal experience with addiction and recovery. The company has grown to a team of 40 and plans to expand coverage into additional states and hire more staff. Kyros reports growth from zero to nearly $10 million in ARR in eighteen months, and it will use new funding to advance its marketplace technology and accelerate market expansion. Kyros operates a first-of-its-kind digital platform that brings providers, clients, and recovery organizations together into a virtual marketplace to streamline access to treatment and support services. The platform handles administrative and business needs for practitioners and organizations, including billing, insurance claims assistance, payments, liability insurance access, technology, and clinical supervision. Kyros was founded in 2021 by CEO Daniel Larson out of personal experience with addiction and recovery and launched in Minneapolis. The company has a team of about 40 people and recently hired Mara Glantz as Vice President of Clinical Operations. Since launching, Kyros reports 90–100% quarter-over-quarter growth and says it has grown from zero to multiple millions in ARR over 15 months. Kyros planned to expand to ten more U.S. states by June 2023 to broaden its network and reach.

Total raised

$17M

Funding rounds

3

Latest round

Equity

Latest activity

Sep 2023