Ontrak Secures $10M Financing Commitment From Acuitas Capital To Fuel Growth, Expand Customer Base, And Advance AI-Powered Behavioral Healthcare Solutions, With Potential For Additional Third-Party Funding
Author: Benzinga Newsdesk | May 20, 2025 07:07am
Ontrak, Inc. (NASDAQ:OTRK), a leading value-based behavioral healthcare company powered by proprietary AI and engagement technology, announced it has secured a $10 million financing commitment from Acuitas Capital, LLC. This financing commitment will support Ontrak's continued growth and innovation in delivering comprehensive behavioral healthcare solutions and is structured to provide Ontrak with the necessary capital to expand its customer base while continuing to drive further advancements in its AI and digital capabilities. The commitment contemplates that Ontrak may raise additional financing from third parties to further support its growth initiatives.
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