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Field Trip Health & Wellness Ltd.: Business Overview, Financials & Competitive Analysis

Field Trip Health & Wellness Ltd. is a psychedelic therapy company that provides services in person through its clinics and virtually through telemedicine, supported by digital-based tools and communities. The company...

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2/ 10Challenged

Cyborg Score thesis

Distressed biotech/wellness company undergoing restructuring with limited operational presence and trading restrictions as of...

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Industry Psychedelic-Assisted Therapy / Mental Health Services
3 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: October 19, 2026
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Field Trip Health & Wellness Ltd. Overview

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Field Trip Health & Wellness Ltd. is a psychedelic therapy company that provides services in person through its clinics and virtually through telemedicine, supported by digital-based tools and communities. The company operates therapy centers in North America and Europe offering ketamine-assisted therapy and psychedelic-assisted therapy for mental health conditions.

Strategic Profile

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The company's digital strategy includes a mobile application called Trip supporting consciousness expansion and Portal, a next-generation digital health platform for clients participating in psychedelic therapies. However, the company faced significant financial challenges in 2023, entering restructuring proceedings.

Competitive Landscape

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Field Trip competes in the emerging psychedelic-assisted therapy market alongside other clinical providers and telemedicine platforms offering ketamine therapy. The competitive landscape includes both established mental health service providers and newer psychedelic-focused startups.

Industry Context

Field Trip Health & Wellness Ltd. operates in Psychedelic-Assisted Therapy / Mental Health Services.

Key facts

Founded: 2019 · Headquarters: Toronto, Canada

What the AI analysts debated

AI-generated and not independently verified: selected findings from the multi-agent debate on Field Trip Health & Wellness Ltd..

  • Company entered CCAA protection in March 2023 due to cash constraints and reduced operations significantly
  • Core business model combined clinical ketamine therapy centers with digital health platforms (Trip app and Portal)
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Recent developments

Material events tracked by the AskCyborg corpus.

  • March 2023Obtained CCAA creditor protection; trading suspended on TSX-V
  • March 2023Closed 5 clinic locations to preserve capital
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Named competitors

Pulled from the analyst-debate framework. Click any competitor to see their Cyborg Score.

Ketamine Therapy ServicesIn-clinic ketamine-assisted therapy for depression and PTSD→Telemedicine Mental Health PlatformsVirtual therapy and counseling services→Psychedelic Drug DevelopmentNovel molecule development for mental health→

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Industry context

Field Trip Health & Wellness Ltd. operates in Psychedelic-Assisted Therapy / Mental Health Services. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Field Trip Health & Wellness Ltd. do?+
Field Trip Health & Wellness Ltd. is a psychedelic therapy company that provides services in person through its clinics and virtually through telemedicine, supported by digital-based tools and communities. The company...
What is Field Trip Health & Wellness Ltd.'s Cyborg Score?+
Field Trip Health & Wellness Ltd. has a Cyborg Score of 2/10 (Challenged). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Field Trip Health & Wellness Ltd.'s main competitors?+
Named competitors include Ketamine Therapy Services, Telemedicine Mental Health Platforms, Psychedelic Drug Development. The full competitive landscape is in the AskCyborg report.
How can I get the full Field Trip Health & Wellness Ltd. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Field Trip Health & Wellness Ltd. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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