Eleos Health News
16 articles
Eleos doubles in value as it raises $60 million to disrupt behavioral healthcare | CTech
Eleos Health, an Israeli startup, has secured $60 million in a Series C funding round led by Greenfield Partners, with participation from existing and new investors. This funding raises Eleos total investments to over $120 million and doubles its company valuation. Eleos uses AI technology to improve behavioral health outcomes and plans to expand its offerings and commercial team, focusing on underserved segments like substance use disorder treatment centers. The company has tripled its annual revenue in its first three years and aims to continue this growth trajectory. Eleos has launched a new product, Eleos Compliance, to enhance clinical documentation and ensure regulatory compliance.
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How an Israeli CEO balanced saving lives in Gaza with running his healthtech startup | CTech
Eleos Health CEO Alon Joffe discusses balancing his role as CEO with his service as a major in the IDFs combat search and rescue extraction unit. During his reserve service, the company was managed by the rest of the management team. Despite the challenges, the company, which develops AI tools for mental therapists, managed to raise $40 million in a Series B round led by Menlo Ventures. The company plans to triple its revenues in 2023 and add 20-30 people to the company in 2024. About a third of the companys employees have been in the reserves since October 7.
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Eleos Health and Kipu Health Announce Partnership to Deliver AI-Powered Insights to Behavioral Health Providers
Kipu Health, a technology partner for mental health and addiction service providers, has partnered with Eleos Health, a leader in AI for behavioral health. The partnership aims to deliver insights and efficiencies to behavioral health providers by embedding Eleos Healths voice-based Natural Language Understanding (NLU) technology within Kipus Electronic Medical Record (EMR) platform. This will automate documentation and clinical analysis of patient sessions, easing providers notetaking process and offering powerful insights to drive care decisions. Kipu Health serves more than 80,000 users at over 1,600 facilities with its EMR.
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AI behavioral health co Eleos Health raises $40m
Israeli AI behavioral health company Eleos Health has raised $40 million in a Series B financing round led by Menlo Ventures, with participation from F-Prime Capital, Eight Roads, Arkin Digital Health, SamsungNEXT, and ION, among others. The new funds will be used to develop AI solutions for group therapy sessions, compliance automation, case management, concurrent documentation, and value-based care support. The company also plans to hire more than 50 people by the end of 2024, expand its marketing and sales reach, and develop strategic partnerships.
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WellPower Selects Eleos Health to Empower Frontline Providers with Augmented Intelligence for Behavioral Healthcare
WellPower, a national leader in behavioral health, will make Eleos Healths voice-based, augmented intelligence available for all of its clinicians to reduce administrative burden and give them more time to focus on care. Eleos Health will be utilized for both in-person and virtual sessions. WellPower will give its clinicians access to tools that capture session intelligence via conversation, with client consent, developing suggested progress note documentation, and offering new lines of sight into in-session treatment delivery, modality, patient concerns, care needs, and more.
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Eleos Health and The Echo Group Announce Strategic Partnership to Advance the use of Augmented Intelligence in Behavioral Health
Eleos Health and The Echo Group have announced a partnership to embed Eleos Healths augmented intelligence into the EchoVantage web-based EHR application. This integration aims to reduce the administrative burden on clinicians, allowing them to spend more time on patient care. The partnership will enable clinicians to quickly understand the themes in their meetings and pursue the best evidence-based practices. The Echo Groups clients will have access to Eleos Health as an add-on, with GRAND Mental Health being the first center to leverage the power of both systems.
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Ontrak Health and Eleos Announce AI Integration Partnership to Support Care for Ontrak Members
"Therapists rarely collect data - what happens in treatment is private and sacred but also a black box" CTech
Eleos Health, an analytics platform for therapists, has secured $28 million in funding to develop its advanced analytics platform. The platform aims to provide visibility into the effectiveness of behavioral health treatments. Currently, 70% of telehealth usage is dedicated to behavioral health. Eleos Health aims to collect objective measures of how clients feel and whether treatments help them reach their goals. The company believes that data should complement the human touch in therapy.
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Eleos Health raises $20 million to generate insights from mental health clinician-patient conversations CTech
Eleos Health, an Israeli startup, has raised $20 million in Series A funding. The funding round was co-led by F-Prime Capital and Eight Roads Ventures, with participation from existing investors. Eleos develops automated healthtech solutions that aim to accelerate clinicians decision-making. The companys system digitizes and manages the unstructured nature of behavioral health conversations, providing psychotherapists with insights into patient needs, progress, and outcomes. Eleos is currently used by thousands of clinicians across national care providers and health plans. The company has captured over 6.5 million minutes of treatment and projects to capture 30 million minutes by the end of 2022.
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אלון יופה ואלון רבינוביץ' - Forbes Israel
Eleos Health, a mental health startup, has developed a secure technology-based solution that provides quantitative and qualitative insights to therapists through the analysis of conversations with patients. The company aims to improve the effectiveness of therapy and empower therapists with modern tools. Eleos Health has been operating in the United States for about a year and has partnered with dozens of centers. The founders believe in the importance of mental health and are committed to making therapy more effective. They envision reducing the number of ineffective treatments from the current 70% to 30%. The article highlights the backgrounds of the founders, including their military service and involvement in other charitable projects.
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Eleos Health appoints three healthtech veterans to its leadership team
Eleos Health has appointed Julie Merritt as Vice President of Sales, Chuck Tepper as Vice President of Public Partnerships, and Merav Ben Ari as VP of People. The appointments are expected to contribute to the companys growth in the healthcare technology space. Eleos Health provides advanced analytics and VoiceAI capabilities for therapists, helping clinicians provide personalized care. The company was founded in 2019 and has raised $6 million in funding to date.
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Unlocking mental health therapy with AI
Eleos Health, an Israeli startup, is using machine learning to improve mental health and talk therapy. The company has developed a care intelligence solution that leverages in-session data to drive both clinical and administrative efficiency. By analyzing session data, Eleos Health generates clinical notes, provides clinical insights, and aims to personalize and predict therapy outcomes. The software focuses on the content and audio of therapy sessions, detecting acoustic features and gathering insights from the therapists techniques and the most discussed subjects. Eleos Health has already deployed its solution with several provider organizations and has received $6 million in seed funding led by aMoon. The company plans to continue developing AI models to spot specific needs and predict therapy success, but emphasizes that the technology will only supplement human therapy, not replace it.
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Eleos Health raises $6 million Seed funding to accelerate clinicians' decision-making
Israeli digital health startup Eleos Health has raised $6 million in seed funding to develop and launch their AI-powered Speech-to-Insights system for clinicians. The system aims to provide more accessible, efficient, personalized, and cost-effective care. The funding will be used to support the expansion of sales, marketing, and solution delivery teams. Eleos Healths solution has already been deployed with several leading provider organizations. The company aims to address the growing burnout of staff and improve clinical and operational efficiencies. The funding round was led by aMoon Fund, with participation from other investors including lool ventures and Gandyr Group. Dr. David Shulkin, former Secretary of the US Department of Veterans Affairs, has joined the companys board.
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https://www.jpost.com/health-science/amid-covid-19-yeshiva-u-eleos-partner-to-combat-mental-health-crisis-650120
Israeli mental health start-up Eleos Health is partnering with Yeshiva Universitys Wurzweiler School of Social Work to combat the mental health crisis caused by the pandemic. Eleos Healths platform, which uses AI and telemedicine methods, will be used by the school as a teaching tool and for remote care. The collaboration aims to address the increasing rates of anxiety, depression, and substance abuse. The platform analyzes therapy sessions and ensures patient privacy. The partnership is seen as a promising approach to remote care during the pandemic. The World Health Organization has reported disruptions in mental health services due to the pandemic, making remote care a priority. Eleos Health aims to provide educators with the tools to train the next generation of therapists and mental health clinicians.
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Hillel's Tech Corner: Eleos helps therapists amid US mental health crisis
Wurzweiler in Israel - Yeshiva University News
The Wurzweiler School of Social Work has announced a new partnership with Eleos Health, a digital mental health startup. The partnership aims to bring Eleos Healths voice analysis technology into the classroom and field placement sites in the future. The announcement was made during a networking and professional development event at Yeshiva Universitys Jerusalem campus. Dr. Danielle Wozniak, the Dean of the Wurzweiler School of Social Work, discussed the partnership and its potential impact on improving treatment outcomes. The event also featured a lecture by Dr. David Ribner on the importance of addressing intimacy in therapy. Wurzweiler alumni in Israel were encouraged to contact Nechama Munk for professional development and networking opportunities.
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