Eleos Health
Category: AI in Healthcare
Eleos Health uses AI to automate clinical documentation and improve care outcomes in behavioral health. Eleos Health was founded in 2020. The company is led by Alon Joffe. Based in Boston, Massachusetts and Tel Aviv, Israel. Team size: 141. Total funding raised: $128M. Latest round: Series C. Key investors include Greenfield Partners, F-Prime Capital, Eight Roads, Menlo Ventures, ION, Michael & Susan Dell Foundation, Union Tech Ventures, Centerstone.
- Founded
- 2020
- Headquarters
- Boston, Massachusetts and Tel Aviv, Israel
- Team size
- 141
- Total funding
- $128M
Value proposition
Reduces documentation time, enhances care quality, and improves client engagement.
Products and solutions
AI-powered clinical documentation tools, Eleos Compliance
Unique value
Eleos Health's AI is specifically designed for behavioral health, integrating seamlessly with clinical workflows and ensuring HIPAA compliance.
Target customer
Behavioral health providers and organizations.
Industries served
Behavioral health, Mental health, Substance use disorder treatment
Technology advantage
Utilizes multimodal large language models (MM-LLMs) and has the largest dataset of real-world treatment sessions.
How they differentiate
Eleos focuses specifically on behavioral health AI, offering tailored solutions that are more integrated and compliant than general AI tools.
Main competitors
Cerner Corporation, athenahealth, Meditech
Key partnerships
National Council for Mental Wellbeing, Major EHR providers, Kipu Health
Notable customers
Over 120 customer organizations across the U.S.
Major milestones
Successfully reduced documentation times by over 50% Improved care outcomes Launched a new compliance product
Growth metrics
Tripled annual revenue over its first three years, doubled revenue in 2024.
Market positioning
Leader in AI for behavioral health, emphasizing clinical workflow efficiency and care quality.
Geographic focus
Primarily in the United States, with operations across over 30 states.
Patents and IP
Not explicitly mentioned, but their proprietary AI models are a key asset.
About Alon Joffe
Alon Joffe is the Co-Founder and CEO of Eleos Health, a company at the forefront of applying Artificial Intelligence to behavioral health. Under his leadership, Eleos Health has secured significant funding, including a $60M Series C, to advance its mission of automating clinical documentation and providing data-driven insights to clinicians. This focus on "CareOps Automation" aims to reduce administrative burdens and improve the quality of care. Before Eleos, Alon's career included a role on the investment team at New Era Capital Partners, giving him a background in the venture capital landscape. His leadership at Eleos is characterized by a deep commitment to leveraging technology to address the pressing challenges in mental healthcare, such as clinician burnout and the need for more effective treatment measurement. His military service as a Major in the IDF's elite combat search and rescue unit (669) has also been cited as a formative experience, shaping his leadership and resilience.
Official website: https://eleos.health