Eleos Raises $60 Million In Series C Funding To Expand Its Behavioral Health Platform

Eleos Health, which provides a clinical documentation solution, raised $60 million in a Series C funding round. The company plans to use the funding to expand its offerings, grow its commercial team, and enter underserved segments of behavioral health care. Its growth strategy will focus on addiction treatment centers and post-acute behavioral health settings.

Eleos uses a large dataset of real-world treatment sessions to power proprietary behavioral health artificial intelligence (AI) technology. Its platform multimodal large language models (MM-LLMs) to process multiple data input types simultaneously. A recent randomized controlled trial (RCT) found Eleos improved progress note . . .