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Eleanor Health

Addiction and mental heath services provider

Eleanor Health logo
101-200 employees
  • Healthcare
  • B2C
  • Mental health
  • SaaS
  • Mobile
South Side, Waltham, MA

Company mission

To help anyone concerned about their mental health or affected by addiction live amazing lives.

Led by a woman
Top investors

-21% employee growth in 12 months

Our take

Eleanor Health is the first outpatient addiction and mental health provider offering comprehensive, “whole person” care solutions in communities that need it most. It works to transform the quality, delivery and accessibility of care for people affected by addiction.

Shockingly, only one in 10 people with substance use disorder and less than half with a mental health condition receive treatment. As a result Eleanor's services have accrued almost 60,000 users who are seeing positive changes compared to the status quo. Eleanor reported 84% of members reported improvement in substance use and 70% reported reduced symptoms of depression and anxiety.

The start-up raised a large amount of funding in 2022 but, in common with the overall behavioral healthtech sector, was unable to manage spiralling operational and technology costs. Eleanor Health responded by reducing its headcount by around 20% and streamlining its operations to ensure its model's sustainability in the years to come.

Freddie headshot

Freddie

Company Specialist at Welcome to the Jungle

Benefits

  • Short-term disability- We understand that things happen, we want you to feel comfortable to take the time to get better
  • Flexible PTO policy and a remote work environment- unplug, relax, and recharge!
  • 9 observed company holidays + 3 floating holidays- We encourage you to use the additional 3 floating holidays to accommodate personal beliefs/practices
  • Wellness Days - In lieu of “Sick Time” which typically applies only when you are ill, we encourage you to proactively manage your overall wellbeing, both physical and mental, as well as the wellbeing of those who play important roles in your life
  • Fully covered medical and dental insurance plan, with affordable vision coverage.- We are a health first company, and we strive to make our plans affordable and accessible
  • 401(k) plan with 3% contribution. We are excited to be able to support the long-term financial well-being of our team in a way that reinforces Eleanor’s commitment to equity
  • Family Medical Leave- Eleanor Health’s Paid Family & Medical Leave (“PFML”) is designed to provide flexibility and financial peace of mind for approved family and medical reasons such as the birth, adoption, or fostering of a child, and for serious health conditions that they or a family member/significant other might be facing
  • Wellness Perks & Benefits- Mental Health is important to us and we want our employees to have the accessibility they deserve to talk things through, zen with a mindfulness app, or seek assistance from health advocates
  • Mindfulness App Reimbursement
  • 1 year subscription to TalkSpace
  • Paid Membership to Health Advocate, One Medical, and Teladoc
  • Company paid Life & Accidental Death & Disability- To help provide support and peace of mind to you and your beneficiaries in the event of a catastrophic life event, Eleanor provides company paid Life and AD&D coverage as well as the ability to purchase additional supplemental coverage up to $1M

Company values

  • We need better
  • We need accessible
  • We need it now

Funding (last 2 of 4 rounds)

Oct 2024

$30m

SERIES D

Apr 2022

$50m

SERIES C

Total funding: $112m

This company has top investors

Leadership

Previously acted as Founding CEO for Benevera Health and Chief Operating Officer for Commonwealth of Massachusetts Department of Medicaid. Experience as Healthcare Advisor for The United States Senate and in Consultancy at Bain & Company, Deolitte, American Management Systems (AMS) and Epic Systems.

Currently acts as a Clinical Advisor for Health in Her HUE. Previously served as Chief Medical Officer for Anka Behavioral Health. Experience as a Consultant for The Carter Center Liberia Mental Health Project, Director of Addictive Disease Service for DeKalb Community Service Board, and as an Accreditation Surveyor for CARF International.