The onset of Hybrid mental health and addiction management Eleanor Health brought in $ 50 million to a Series C fundraiser led by General Catalyst.
Other investors involved in the expansion are Warburg Pincus, Town Hall Ventures, Northpond Ventures and Rethink Impact.
The final round comes more than a year later $ 20 million Series B. According to Crunchbase, Eleanor has raised a total of $ 82 million in business management.
The initiative provides in -person psychiatry as well as virtual, therapy, recovery coaching and assisted therapy for drug abuse patients.
He operates in Louisiana, Massachusetts, New Jersey, North Carolina, Ohio and Washington. As the capital expands, Eleanor plans to expand into new markets, including Texas.
The startup plans to add more the partnership with the payers where they take the risk and continue to build his care business and production base.
“Mental health and addiction are one of our biggest health problems, but it’s not the only problem with access to care,” said Corbin Petro, CEO and cofounder of Eleanor Health, in in a language.
“Only one in 10 people with SUD and less than half of those with a mental illness will have access to treatment, due to stigma, quality of care and cost. Our statistical and value models are designed for the 9 out of 10 people who do not receive care because of these barriers. We are excited to partner with contributors such as General Catalyst to further our mission to help people affected by addiction and other health conditions live amazing lives. “
Mental health and well -being a a popular medical site for digital health professionals. Drug mortality has increased dramatically in the last two years, with a significant increase during the COVID-19 disease.
However, there are some beginners who want to improve their access to medication. Pear Therapeutics, the maker of the SET and reET-O digital therapies for substance use and opioid abuse patients, announced earlier this week. to begin providing its equipment through telehealth services.
Quit Genius, an addiction treatment site dealing with alcohol, tobacco and opioids, moved into the payroll this week with a partnership with Evry Health to introduce its digital services for Evry members.
Cerebral mental health also begins an opioid use patient program based on virtual counseling and access to Suboxone has been re -established.