Behavioral Health Ai Leader Eleos Health Raises $40M Series B Round To Expand Careops Automation Footprint

Nov 08, 2023•about 2 years ago

Amount Raised

$40 Million

Round Type

series b

BostonSoftware

Investors

Lool VenturesA MoonIonSamsung NextArkin Digital HealthEight RoadsF Prime CapitalMenlo Ventures

Description

Eleos Health, the leader in AI for behavioral health, today announced a $40M Series B funding round led by Menlo Ventures, with participation from F-Prime Capital, Eight Roads, Arkin Digital Health, SamsungNEXT and ION. Along with funding from existing investors aMoon and lool ventures, this round brings Eleos Health's total funding to $68M.

Company Information

Company

Eleos Health

Location

Boston, Massachusetts, United States

About

Eleos is pioneering CareOps Automation. By consolidating the entire behavioral care workflow — everything from progress notes all the way to session intelligence — clinicians are freed from time-consuming operational burdens. Eleos takes care of CareOps, honing in on automating operational necessities, including all documentation, compliance administration as well as providing deep clinical insights through session intelligence. Eleos makes evidence-based behavioral care a reality so clinicians, providers and networks can measurably and comparatively track treatment and progress. Now clinicians put all their focus into care itself. So the care they aim to provide becomes the care they actually deliver.

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