Eleos Health, a Boston, MA-based provider of a CareOps Automation solutions for behavioral health, raised $20M in Series A funding.
The round was led by F-Prime Capital and Eight Roads Ventures, with participation from aMoon Fund, lool ventures, and Arkin Holdings.
The company intends to use the funds to accelerate growth and expand operations, team and product.
Led by Alon Joffe, CEO, Eleos Health provides CareOps Automation solutions, which consolidate the entire behavioral care workflow by honing in on automating operational necessities, including all documentation, compliance administration as well as providing clinical insights through session intelligence. All these tools enable evidence-based behavioral care for clinicians, providers, and networks to measurably and comparatively track treatment and progress.
Eleos is currently used by thousands of clinicians across more than 20 national care providers and health plans, including Gaudenzia Home, The Brookline Center for Mental Health and Coleman Health Services. It has captured more than 6.5 million minutes of treatment to date, and is projecting 30 million minutes captured by the end of 2022.
