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How Positive Development's $51.5M Funding Will Transform Autism Therapy

Update Positive Development Secures Major Funding for Autism Treatment Expansion In a significant step for developmental therapy, Positive Development, based in McLean, Virginia, has successfully raised $51.5 million in a Series C funding round. This investment was co-led by renowned firms aMoon, B Capital, and Flare Capital Partners, with additional participation from Digitalis Ventures and Healthworx. The funding is set to enhance Positive Development's therapeutic model, which primarily aids children with autism through Developmental Relationship-Based Interventions (DRBI). Transforming Autism Care: The DRBI Approach Positive Development’s innovative model focuses on fostering quality interactions between parents and their children. This approach emphasizes emotional connections, allowing children to better communicate, learn, problem-solve, and regulate their emotions. With access to clinical support teams and personalized care plans, families receive comprehensive care that can be provided in the comfort of their homes, or through center-based services as needed. Funding to Drive Expansion and Accessibility The funds will support Positive Development’s growth into new geographic areas while enhancing technological capabilities and partnerships with health plans and Medicaid programs. CEO Mike Suiters expressed optimism about tripling the company’s services in existing locations and expanding into five to ten additional states in coming years. This expansion is crucial as autism diagnoses continue to rise in the U.S., currently affecting approximately one in 31 children. The Challenges of Traditional Autism Treatments Traditional therapies, particularly Applied Behavior Analysis (ABA), can come with hefty price tags—often exceeding $50,000 per child annually—with linked wait times that can hinder timely intervention. Positive Development’s approach offers an alternative that is not only supportive but also more accessible, aiming to fill gaps in the current treatment landscape. As Dr. Tomer Berkovitz of aMoon notes, Positive Development’s model is aligned with the objective of making healthcare more affordable and effective. Why This Investment Matters The latest funding round underscores the growing necessity for innovative and effective autism therapies. By prioritizing accessibility and family involvement, Positive Development is positioned to play a transformative role in the autism care landscape, helping to improve both outcomes and overall quality of life for affected children and their families. As healthcare professionals and digital health innovators continue to seek groundbreaking solutions, Positive Development's success serves as an inspiring model for future developments in treatment methodologies and patient care strategies.