A local startup and Alabama Launchpad winner has secured over $1 million in funding.
ClearMIND, formerly known as Lucid Living Solutions, won $50,000 in 2020 in the concept category of Alabama Launchpad in 2020.
The company is a subscription-based service that provides a family-focused digital approach to monitoring and substance testing as well as comprehensive and customized education for its subscribers.
“Post-treatment after-care options focus only on the individual, even though research supports drug use disorder as a family disease. It is our mission to support, educate and de-stigmatize,” said Liz Read, founder and CEO of ClearMIND. “It’s not all about fixing one person, it’s about healing everyone involved.”
Now that funding is secured, the company plans to formally launch in early 2022, first partnering with treatment facilities and programs, with the goal of being available to consumers by the end of the first quarter.
ClearMIND’s strategic investors include the Gorrie family, Thomas Harris, Turner and Ashley Inscoe, Jemison Investment Co., the Lankford Family Fund, Liz Pharo, the Poole family, James K. V. Ratliff III, Kim and Sue Ratliff, and Alan Ritchie. Ritchie also joined the company as president.
“Having evaluated numerous companies at this stage, I am thrilled to deepen my involvement with ClearMIND,” Ritchie said. “ClearMIND’s mission to provide a positive path forward for individuals with drug addiction, one family at a time, will be a highly successful company helping millions of individuals and families affected by drug addiction.”
Ritchie has more than three decades of experience managing technology startups including MACESS, Virtual Learning Technologies and Vincari, most recently.
