Ark Behavioral Health, an addiction treatment provider, has raised at least $11 million of a $20 million funding round, Behavioral Health Business reports.
The Quincy, Massachusetts-based provider is seeking a mixture of equity and debt funding. It has secured investment from one undisclosed party.
The first sale happened on Sept. 7. It’s not clear how much Ark Behavioral Health has raised to date. The company has not announced how it will use the funds.
Ark Behavioral Health operates five locations in Massachusetts and one in Van Wert, Ohio. It offers medical detoxification, outpatient services (partial hospitalization and intensive outpatient programs), medication-assisted treatment (MAT), residential treatment and aftercare support. Read more.
