News / Definitive Healthcare’s Jason Krantz Joins Recovery.com’s Ownership Group Following Significant Investment

Definitive Healthcare’s Jason Krantz Joins Recovery.com’s Ownership Group Following Significant Investment

By 
Ben Camp
|
 June 6th, 2024

Madison, WI – Recovery.com, a leading digital platform that helps patients connect with mental healthcare providers announced today that Jason Krantz, founder and Executive Chairman of Definitive Healthcare has made a significant purchase of Recovery.com stock, giving him an approximately 7% stake in the company.

Joe Mirisola, Definitive Healthcare’s first employee and former Chief Revenue Officer, has also joined the Recovery.com ownership group and will join the Recovery.com Board as an Observer.

“I’m humbled and excited to have Jason and Joe join Recovery.com as we continue on our mission to help patients connect with mental healthcare providers across the country and around the world,” said Ben Camp, CEO and co-founder of Recovery.com. “We are going to benefit greatly from their experience and expertise in taking a successful healthcare startup from an idea to a publicly traded company.”

Jason Krantz expressed his enthusiasm for Recovery.com, “Ben and his team have created an outstanding company that plays a unique and critical role in helping mental health patients find the care that they need. I am proud to be part of the journey and look forward to partnering with Ben to build on the company’s remarkable growth.”

Mark Bakken, Managing Partner of HealthX Ventures, Series A investor and board member in Recovery.com, helped connect the new investors with Recovery.com. “Recovery.com is fortunate to have the founders of Definitive Healthcare as investors because their visionary expertise in healthcare technology and their proven track record of success brings invaluable insights and resources to the table. With their support, Recovery.com is poised to reach new heights in its mission to empower individuals on their paths to wellness and recovery.”

About Recovery.com

Recovery.com (formerly RehabPath) is the most trusted online platform for connecting patients and mental health providers. Rapidly growing and profitable, they help more than 200,000 people every month from Madison to Mumbai find treatment options tailored to their specific needs, while providing treatment centers with an alternative, patient-first advertising channel to reliably connect with patients who are the right fit for their programs.

About Definitive Healthcare

Definitive Healthcare is the most comprehensive and accurate source for data insights and analytics on the healthcare provider and influencer market. Their platform offers unparalleled access to detailed and accurate information, enabling organizations to identify market opportunities and optimize strategies. Notable achievements include rapid revenue growth, seven strategic acquisitions and raising hundreds of millions in funding. In 2021, they successfully completed an IPO. Thirteen years and counting after its founding, Definitive Healthcare continues to help clients uncover the right markets, opportunities and people, so they can shape tomorrow’s healthcare industry.

About HealthX Ventures

HealthX Ventures is a digital healthcare-focused venture capital firm, investing in innovative companies making healthcare safer, more efficient, and more affordable by delivering easy-to-use, cost-effective, and scalable solutions to the market. With joint HQs in San Francisco and in close proximity to Epic Systems’ Madison, WI headquarters, HealthX is led by seasoned, successful entrepreneurs and investors. The team provides unique value to portfolio companies through extensive operational support, deep industry knowledge, and executive-level networking.


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