SafeSpace Global Launches Addiction Treatment Vertical with $2M Method Five Labs Funding
GTLL•SafeSpace Global launched an Addiction Treatment Vertical under a newly executed MSA with Antidote Health Ventures. The initiative is backed by a conditional $2 million funding commitment from Method Five Labs.
1. New Addiction Treatment Vertical Launch
SafeSpace Global introduced its Addiction Treatment Vertical, extending its AI-powered physical safety solutions into substance abuse care settings. The new division will leverage the company's existing technology platform to provide regulated facilities with enhanced monitoring, crisis response and compliance management tools.
2. Master Services Agreement with Antidote Health Ventures
The company executed a Master Services Agreement with Antidote Health Ventures to pilot its services across multiple treatment centers. The MSA outlines initial deployment milestones, service level commitments and performance-based fee structures designed to scale operations over the next 12 months.
3. Conditional $2 Million Funding Commitment
Method Five Labs provided a conditional $2 million funding commitment to support the vertical's development and early deployments. Funds will be released upon meeting technical milestones and enrollment targets, accelerating product enhancements and market expansion efforts.
