Alternative Behavior Strategies (ABS), a Los Angeles, CA-based provider of services to children with autism spectrum disorders, received funding of undisclosed amount.
Backers included Morgan Stanley Expansion Capital and Petra Capital Partners.
The company intends to use the funds to continue to expand services in comprehensive centers and enter new markets with technologies such as the ABS Virtual Office.
Led by Adam Singer, M.D., CEO, ABS provides therapy which is based on Applied Behavior Analysis (ABA), an evidence-based treatment for children with autism. Earlier this year, the company rolled out its ABS Virtual Office, a smart phone-based platform to connect autism behavioral therapists to the information and knowledge they need—wherever they are—to enhance services and promote clinical advancement. The platform gives therapists real-time access to electronic clinical records, as well as to the collective wisdom of the company while treating a child.
ABS operates in California, Utah and North Carolina. This fall, the company will open its first comprehensive community-based center to provide adapted playgrounds and intensive therapy in all day sessions, so that working parents can bring their children for the day. This center is based in the Salt Lake City, Utah, area, with additional centers planned for other regions.
FinSMEs
19/08/2019