Eleos Health, a rapidly growing startup based in Boston and Tel Aviv, announced this week it has raised $20 million in Series A funding. The round was co-led by F-Prime Capital and Eight Roads Ventures, with continued participation from aMoon Fund, Lool Ventures, and Arkin Holdings. This latest investment brings the company’s total funding to $28 million as it looks to expand its AI-powered behavioral health platform.
Founded in 2020, Eleos Health is redefining how therapists and mental health professionals document care, interpret clinical conversations, and manage treatment plans. Its proprietary CareOps Automation solution aims to streamline provider workflows and improve care outcomes — while alleviating burnout in an overburdened field.
Automating the Therapy Room With Voice AI
The core of Eleos Health’s innovation lies in its ability to turn unstructured therapy session conversations into structured, actionable data. Through advanced voice AI, the company’s AI-powered behavioral health platform listens to in-session dialogue and produces clinical documentation, billing codes, and insights automatically.
“Behavioral health practitioners deserve advanced technology representative of and equal to the role they play in caregiving and healing,” said CEO and co-founder Alon Joffe. “For the first time, Eleos is making it possible to digitize and manage the unstructured nature of behavioral health conversations, lending psychotherapists a new line of sight into patient needs, progress and outcomes.”
This novel approach enables clinicians to cut documentation time by up to 40%, giving them more time to focus on patient care.
Seamless Integration and Real-Time Clinical Intelligence
Eleos Health’s AI-powered behavioral health platform was designed to integrate seamlessly with mainstream electronic health records (EHRs), allowing it to overlay existing workflows without disruption. Once deployed, the system autonomously identifies themes during sessions, flags potential care gaps, and delivers insights to improve treatment quality.
Providers can track patient progress in real time, generate evidence-based care notes instantly, and improve coordination across interdisciplinary teams — all without the friction of traditional documentation tools.
“CareOps Automation is the future of behavioral health,” said Davor Hebel, managing partner of Eight Roads Ventures. “It allows providers and payers to unlock the holy grail in behavioral health — the synchronization of behavioral, medical and [social determinants of health] data to improve outcomes and reduce clinician burnout all without changing the clinical workflow.”
Serving National Mental Health Leaders
The Eleos Health AI-powered behavioral health platform is already in use by more than 20 national care providers and health plans. These include:
- Gaudenzia Home in Pennsylvania, a nonprofit providing addiction and mental health treatment
- The Brookline Center for Mental Health in Massachusetts, a comprehensive provider of community-based care
- Coleman Health Services, operating throughout Ohio with a full continuum of behavioral health offerings
In 2020, Eleos also began testing its solution with Universal Health Services (UHS), one of the largest behavioral health providers in the country. UHS CEO Marc Miller praised the pilot’s potential in Behavioral Health Business, stating: “It’s things like that we’re very excited about. We’re continuing our pilots with Eleos, and we hope to have something to move forward on very soon.”
Transforming Documentation and Outcomes
Behavioral health has historically been difficult to digitize due to the conversational and nuanced nature of therapy. However, Eleos Health’s AI-powered behavioral health platform solves this challenge by turning each spoken word into structured data without disrupting the human connection that therapy relies on.
This allows providers to better understand patient patterns over time, identify issues like trauma themes or co-occurring conditions, and deliver highly personalized care. Therapists can also use the platform to monitor the effectiveness of interventions and adjust treatment strategies on the fly.
The impact is not just operational — it’s clinical.
Investment Signals Market Confidence in Behavioral AI
With mental health conditions on the rise and clinician shortages at an all-time high, the demand for scalable, tech-enabled solutions has never been greater. Eleos Health’s latest funding round — and its reported quadrupled valuation over the last nine months — signals strong market confidence in the value of an AI-powered behavioral health platform.
By enhancing clinical workflows and outcomes simultaneously, Eleos is well-positioned to lead a new generation of behavioral health solutions.
The Road Ahead: Scaling Innovation in Behavioral Health
With $20 million in fresh capital, Eleos Health plans to scale its operations, expand partnerships with providers and payers, and double down on R&D. The goal: bring the benefits of CareOps Automation to more clinicians nationwide, ensuring that the AI-powered behavioral health platform becomes an integral part of modern mental healthcare.
As the behavioral health field shifts toward value-based care and digital transformation, Eleos Health represents a new model — one where AI supports, rather than replaces, human care. By bridging clinical intelligence and compassion, the company is showing what the future of behavioral health can look like.
In a world where documentation burdens are a leading cause of burnout and system inefficiencies, Eleos Health’s AI-powered behavioral health platform offers more than just automation — it offers relief, clarity, and the potential for true therapeutic impact.
