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Eleanor Health Raises $50 Million to Combat Mental Health Crisis & Expand Value-Based Care Model

Author:
Eleanor Health
January 29, 2023

WALTHAM, Mass.–(BUSINESS WIRE)–Eleanor Health, the first addiction and mental health provider delivering comprehensive, whole-person care through population- and value-based payment models, today announced it has closed a $50M Series C financing led by General Catalyst. The Company received significant participation from existing investors including Warburg Pincus and Town Hall Ventures, as well as new participation from Northpond Ventures and Rethink Impact, a venture capital firm investing in tech-forward organizations with female and non-binary leaders.

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Eleanor Health

Eleanor Health provides comprehensive outpatient mental health and addiction treatment that includes medication, therapy, counseling, and connection to resources. We recognize that every Eleanor community member is a unique individual and treat them with dignity and compassion. Our commitment to your health and wellbeing is unwavering and without judgment. We strive to make a real, positive difference in the lives of our members, their loved ones, and the communities we serve.

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