Eleanor Health Raises $50 Million To Fund Expansion To Texas & In Current Markets

Eleanor Health, which provides virtual and in-person addiction and mental health treatment, closed a $50 million Series C financing led by General Catalyst. Eleanor Health will use the newly-raised capital to foster new risk-based, population health partnerships, expand into new markets, including Texas. It also plans to continue building its proprietary care delivery and analytics platform to help scale its evidence-based, data-driven, whole-person care model in communities across its six current markets: Louisiana, Massachusetts, New Jersey, North Carolina, Ohio, and Washington.

In addition to General Catalyst, the Company received significant participation from existing investors . . .