Kyros Raises $10.5M in Funding

Kyros, a Minneapolis, MN-based provider of a technology platform offering Substance Use Disorder (SUD) recovery services, raised $10.5M in funding.

The round was led by Rally Ventures.

The company intends to use the funds to expand access to its services.

Led by CEO and President Daniel Larson, Kyros is a provider of a digital platform for recovery services, using technology to connect and empower clients, providers and organizations. Its digital interface provides tailored experiences for clients by fostering connections in person and online with providers, and streamlines access to business services like liability insurance, billing, payments, technology, and clinical supervision.

Kyros’ digital solution for the recovery space is reflected in over 5,000 clients served in the last 24 months and over 400 CPRS who have provided those services. In addition to peer recovery services, the company is also expanding access to same-day, virtual comprehensive assessments to provide those who are ready to get help an immediate pathway to receive it.