Today, I’m thrilled to share a major milestone in our journey at Eleos: we’ve secured $60M in Series C funding, led by Greenfield Partners. From a business standpoint, this investment is huge—especially in the current economic environment. But for us, this funding round means so much more than the number after the dollar sign: it’s a testament to the transformative impact Eleos is having on behavioral health providers and the communities they serve.
Eleos employees share the news of our company’s Series C funding and weigh in on what it means for the providers we serve.
When we co-founded Eleos, it was with a clear purpose: to empower clinicians by easing their administrative burdens, freeing them to focus on what matters most—their clients. Over the past four years, that mission has catapulted Eleos into the most-deployed AI platform in behavioral health. We now support over 120 organizations across 30 states, helping thousands of individual providers overcome challenges that have plagued their profession for decades.
Burnout and administrative overload have weighed down clinicians for far too long. Seeing the difference Eleos makes—cutting documentation time by more than 70%, doubling client engagement, and improving outcomes up to 4x—reinforces why this work is so important. Our AI technology isn’t just about efficiency; it’s about enabling providers to rediscover their true purpose and rekindle their passion for care.
This latest funding round allows us to deepen our impact and broaden our reach. Bolstered by the incredible group of investors who are joining us, we’re poised to accelerate AI innovation, expand into new behavioral health settings, and hire even more exceptional talent. We’re especially excited about advancing our work in addiction treatment centers, where the need for effective and scalable solutions has never been greater.
Our announcement today also coincides with the launch of Eleos Compliance, a product I am immensely proud of. Built with guidance from legal experts at the National Council for Mental Wellbeing, Eleos Compliance empowers behavioral health organizations to proactively address documentation quality, safeguard their revenue, and reduce legal risks. It’s another step forward in our mission to lighten the immense administrative load shouldered by behavioral health professionals.
And speaking of Eleos Compliance, on February 19, 2025, I will co-host a special Launch Event webinar presenting a detailed overview of this exciting new AI solution as well as our other recent product enhancements. Learn more and sign up here. (Trust me, you don’t want to miss this one!)
Looking ahead, the future of Eleos is bright—and busy. We’re coming off a record-setting year for revenue growth, and we’re poised to make history again this year. But what excites me more than the numbers is the opportunity to help even more providers and clients thrive. Behavioral health is too often overlooked in the broader healthcare landscape, and we’re changing that narrative by proving what’s possible when providers are equipped with the right tools.
To our team, partners, and customers: thank you. Your belief in Eleos and our vision inspires us every day. And to the providers on the frontlines of behavioral health: you are the reason we do what we do. We’re committed to standing with you, innovating for you, and making your work—and your clients’ lives—better.
Let’s keep building a future where behavioral health providers can focus less on paperwork and more on people. This is just the beginning!
To read more about our new partnership with Greenfield, check out their blog article on why they invested in Eleos here.
