Eleanor Health, a Waltham, MA-based dependancy and psychological well being supplier delivering complete, whole-person care by population- and value-based cost fashions, closed a $50M Collection C financing.
The spherical was led by Basic Catalyst with participation from current buyers together with Warburg Pincus and City Corridor Ventures, in addition to new participation from Northpond Ventures and Rethink Influence.
The corporate intends to make use of the funds to foster new risk-based, inhabitants well being partnerships, develop into new markets, together with Texas, and proceed constructing its proprietary care supply and analytics platform to scale its evidence-based, data-driven, whole-person care mannequin in communities throughout its six present markets.
Led by founders, Corbin Petro and Nzinga Harrison, who launched the corporate in 2019, Eleanor Well being supplies evidence-based, whole-person care specializing in addressing the distinctive complexities of people and populations with substance use problems and psychological well being wants. The corporate leverages proprietary expertise and data-driven insights, compassionate groups, and population- and value-based cost to ship scientific and monetary outcomes.
To this point, Eleanor has launched native partnerships with Tufts, Amerigroup, Optum and a nationwide partnership with Aetna’s industrial enterprise. By the top of 2022, the corporate will handle greater than 60,000 members.