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Eleanor Health

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uuid00009h6

Namestring
Eleanor Health
Legal namestring
Eleanor Health Holdings, LLC
Company typeenum
Private
Founded yearint
2019
Descriptiontext

Eleanor Health is a Waltham, Massachusetts-based virtual outpatient addiction treatment provider operating as a Delaware LLC, founded in 2019 and serving individuals with substance use disorder (SUD) and co-occurring mental health conditions. The company delivers care through a virtual-first model spanning 18-20 states, with services including medication-assisted treatment, therapy, psychiatry, and peer recovery support delivered via HIPAA-compliant video on athenaTelehealth with Zoom, supported by an athenahealth-based EHR and an internal analytics platform that tracks outcomes at 30, 90, and 365 days.

The company operates primarily as a B2C provider with a B2B2C distribution layer through 17 payor contracts across Medicaid and major commercial carriers, including UnitedHealthcare Community & State. Self-pay pricing is listed at $249 per month, while insured members access care via in-network benefits, with the company increasingly positioning around value-based care arrangements tied to longitudinal outcomes. Credentials include CARF accreditation across multiple states, plus NCQA, LegitScript, NAADAC, and Violet certifications.

Eleanor Health has raised approximately $100M+ in equity across a Series A (2019), Series B ($20M, 2021), Series C ($50M, 2022), and Series D ($30M, October 2024), with an additional $78.5M capital event in April 2022, and employs 101-250 staff. Leadership includes CEO William McKinney (formerly of Sevita and Fresenius), co-founder and Chief Medical Officer Nzinga Harrison, MD, CFO Matthew Scalo (ex-Podimetrics), Chief Marketing Officer Alexandra Piersiak, COO Julia Carabas (promoted 2025), and National Medical Director Sherma Morton. The board includes representatives from General Catalyst, Town Hall Ventures, Oak Street Health, Prealize Health, and UnitedHealthcare Community & State.

Short descriptiontext

Eleanor Health is a Waltham, MA-based virtual outpatient addiction treatment provider founded in 2019, delivering medication-assisted treatment, therapy, and peer support across 18-20 states via a value-based, payor-contracted care model serving individuals with substance use disorder.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersWaltham, United States
HQ citystring
Waltham
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
addiction treatment services, behavioral healthcare, telehealth services, medication-assisted treatment, substance use disorder care
Industry1 code
1Outpatient Substance Use Treatment Programs (IOP/PHP/OP)
CodeHLAFACAFPrimaryYes
NAICS code1 code
  • Outpatient Mental Health and Substance Abuse Centers62142
SIC code1 code
  • Services-Specialty Outpatient Facilities, Nec8093
Product category
Addiction Treatment Services
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Insurance-Reimbursed Telehealth Services
TypeSubscription Recurring
Description

Eleanor Health accepts major insurance plans including Aetna, Blue Cross Blue Shield, Medicaid, and United Healthcare. Many insurance plans cover addiction treatment services including virtual care. The company verifies insurance coverage before treatment begins.

eleanorhealth.com
2Self-Pay Program
TypeSubscription Recurring
Description

Self-pay option available at $249 per month for medication for addiction treatment (MAT) for those without insurance coverage

eleanorhealth.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Pricing details1 tier
1Self-pay MAT program
ModelSubscriptionBilling cadenceMonthly
Notes

$249 per month for Medication for Addiction Treatment (MAT) self-pay program

eleanorhealth.com
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Eleanor Health is a virtual-first outpatient addiction treatment provider delivering comprehensive, judgment-free care for substance use disorders and co-occurring mental health conditions. The integrated program combines FDA-approved medication-assisted treatment (MAT), licensed therapy, peer recovery support, care coordination, and higher-level outpatient care, delivered entirely online through secure telehealth across 18-20 U.S. states.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • 82% of members report a reduction in substance cravings
+4 more records
Product overview1 text field

Eleanor Health is a virtual-first outpatient addiction treatment program offering an integrated, whole-person care model. The platform is structured as a unified program combining Online Addiction Treatment as the core offering with several interconnected modules: Online Addiction Counseling (therapy services), Medication for Addiction Treatment (MAT) with Prescribed Medications, Peer Support Services, and Expanded Care Options (including intensive outpatient, care coordination, and wellness coaching). Members receive personalized care plans combining medical care, therapy, and recovery support, with services available entirely online across 20 U.S. states.

Product and service6 records
1Online Addiction Treatment
CategoryCore Treatment Program
2Online Addiction Counseling
CategoryTherapy Services
3Medication for Addiction Treatment (MAT)
CategoryMedication Services
4Peer Support Services
CategoryRecovery Support
5Expanded Care Options
CategoryExtended Care Services
6Prescribed Medications
CategoryMedication Services
Scale indicator11 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeTechnology or Integration
Description

Telehealth platform used for virtual patient appointments. Appointments now connect through Zoom for improved reliability and user experience.

Strategic tierCoreTypeTechnology or Integration
Description

Patient portal and telehealth technology provider enabling appointment scheduling, secure messaging, and HIPAA-compliant video visits

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Workit Health provides virtual outpatient addiction treatment combining MAT, therapy, and coaching. Closest direct peer to Eleanor Health, with overlapping payor contracting strategy, virtual-first SUD delivery, and value-based care orientation.

TypeDirect peer
Description

Bicycle Health delivers virtual buprenorphine-based MAT for opioid use disorder via telehealth across multiple states. Direct peer competing for the same Medicaid and commercial SUD contracts and member population.

3Ophelia
TypeDirect peer
Description

Ophelia is a virtual opioid use disorder treatment provider offering Suboxone-based MAT and care coordination. Closely comparable in clinical model, payor mix, and value-based care strategy to Eleanor Health.

TypeDirect peer
Description

Pelago provides virtual substance use management including tobacco, alcohol, and opioid use disorder treatment sold to employers and health plans. Competes for the same employer-sponsored and payor SUD spend as Eleanor Health.

TypeDirect peer
Description

Ria Health delivers telehealth-based alcohol use disorder treatment combining medication, coaching, and digital tools. Direct peer in the virtual SUD segment, with similar payor contracting and outcomes-tracking approach.

TypeEmerging player
Description

Charlie Health provides virtual intensive outpatient (IOP) and mental health treatment for adolescents and young adults. Comparable in virtual IOP delivery and payor contracting for higher-acuity behavioral health populations that overlap with Eleanor Health's co-occurring segment.

TypeEmerging player
Description

Brightside Health is a telehealth provider focused on anxiety, depression, and co-occurring SUD using pharmacotherapy and therapy. Overlaps with Eleanor Health on the co-occurring mental health treatment segment and payor-side distribution.

TypeEmerging player
Description

Quartet Health operates a value-based behavioral health integration platform that routes patients to in-network mental health and SUD providers. Eleanor Health's COO led VBC strategy there; Quartet is a comparable channel/coordination layer for payor-sponsored behavioral health.

TypeBroad incumbent
Description

Lyra Health is a well-funded employer-sponsored virtual mental health platform offering therapy, coaching, and psychiatry. Broad incumbent in virtual behavioral health with overlapping payor and employer channels to Eleanor Health.

TypeBroad incumbent
Description

Cerebral provides telehealth mental health and ADHD treatment with medication management. Broader virtual mental health incumbent with overlapping payor contracting channels and comparable prescribing-and-therapy model.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration2 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles12 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance6 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds8 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors9 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Eleanor Health

Addiction Treatment Serviceseleanorhealth.com

Eleanor Health is a Waltham, MA-based virtual outpatient addiction treatment provider founded in 2019, delivering medication-assisted treatment, therapy, and peer support across 18-20 states via a value-based, payor-contracted care model serving individuals with substance use disorder.

What Eleanor Health does

Eleanor Health is a Waltham, Massachusetts-based virtual outpatient addiction treatment provider operating as a Delaware LLC, founded in 2019 and serving individuals with substance use disorder (SUD) and co-occurring mental health conditions. The company delivers care through a virtual-first model spanning 18-20 states, with services including medication-assisted treatment, therapy, psychiatry, and peer recovery support delivered via HIPAA-compliant video on athenaTelehealth with Zoom, supported by an athenahealth-based EHR and an internal analytics platform that tracks outcomes at 30, 90, and 365 days.

The company operates primarily as a B2C provider with a B2B2C distribution layer through 17 payor contracts across Medicaid and major commercial carriers, including UnitedHealthcare Community & State. Self-pay pricing is listed at $249 per month, while insured members access care via in-network benefits, with the company increasingly positioning around value-based care arrangements tied to longitudinal outcomes. Credentials include CARF accreditation across multiple states, plus NCQA, LegitScript, NAADAC, and Violet certifications.

Eleanor Health has raised approximately $100M+ in equity across a Series A (2019), Series B ($20M, 2021), Series C ($50M, 2022), and Series D ($30M, October 2024), with an additional $78.5M capital event in April 2022, and employs 101-250 staff. Leadership includes CEO William McKinney (formerly of Sevita and Fresenius), co-founder and Chief Medical Officer Nzinga Harrison, MD, CFO Matthew Scalo (ex-Podimetrics), Chief Marketing Officer Alexandra Piersiak, COO Julia Carabas (promoted 2025), and National Medical Director Sherma Morton. The board includes representatives from General Catalyst, Town Hall Ventures, Oak Street Health, Prealize Health, and UnitedHealthcare Community & State.

Eleanor Health firmographics

Firmographics
Name
Eleanor Health
Legal name
Eleanor Health Holdings, LLC
Website
https://eleanorhealth.com
Company type
Private
Founded year
2019
Operating status
Operating
Headcount range
101–250 employees
Short description
Eleanor Health is a Waltham, MA-based virtual outpatient addiction treatment provider founded in 2019, delivering medication-assisted treatment, therapy, and peer support across 18-20 states via a value-based, payor-contracted care model serving individuals with substance use disorder.
Ownership category
akta.pro rank

Eleanor Health industry classification

Industry
Product category
Addiction Treatment Services
NAICS
Outpatient Mental Health and Substance Abuse Centers (62142)
SIC
Services-Specialty Outpatient Facilities, Nec (8093)
akta.pro primary industry
Outpatient Substance Use Treatment Programs (IOP/PHP/OP) (HLAFACAF)

Keywords

  • Addiction treatment services
  • Behavioral healthcare
  • Telehealth services
  • Medication-assisted treatment
  • Substance use disorder care

Where Eleanor Health is headquartered

Location

Headquarters

HQ city
Waltham
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Eleanor Health business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Insurance-Reimbursed Telehealth Services: Eleanor Health accepts major insurance plans including Aetna, Blue Cross Blue Shield, Medicaid, and United Healthcare. Many insurance plans cover addiction treatment services including virtual care. The company verifies insurance coverage before treatment begins.
  2. Self-Pay Program: Self-pay option available at $249 per month for medication for addiction treatment (MAT) for those without insurance coverage

Pricing tiers

ModelBillingPrice
SubscriptionMonthlySelf-pay MAT program

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Eleanor Health product offering

Product offering

Core offering

Eleanor Health is a virtual-first outpatient addiction treatment provider delivering comprehensive, judgment-free care for substance use disorders and co-occurring mental health conditions. The integrated program combines FDA-approved medication-assisted treatment (MAT), licensed therapy, peer recovery support, care coordination, and higher-level outpatient care, delivered entirely online through secure telehealth across 18-20 U.S. states.

Product overview

Eleanor Health is a virtual-first outpatient addiction treatment program offering an integrated, whole-person care model. The platform is structured as a unified program combining Online Addiction Treatment as the core offering with several interconnected modules: Online Addiction Counseling (therapy services), Medication for Addiction Treatment (MAT) with Prescribed Medications, Peer Support Services, and Expanded Care Options (including intensive outpatient, care coordination, and wellness coaching). Members receive personalized care plans combining medical care, therapy, and recovery support, with services available entirely online across 20 U.S. states.

Differentiator

Problem solved

Functional benefit

Products and services

  • Online Addiction Treatment
  • Online Addiction Counseling
  • Medication for Addiction Treatment (MAT)
  • Peer Support Services
  • Expanded Care Options
  • Prescribed Medications

Quantifiable outcome

  • 82% of members report a reduction in substance cravings
  • +4 more outcomes

Companies that use Eleanor Health

Customer profile

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Eleanor Health technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration2 records

Feature2 records

Eleanor Health partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • ZoomcoreTechnology or IntegrationTelehealth platform used for virtual patient appointments. Appointments now connect through Zoom for improved reliability and user experience.
  • athenahealth (Patient Portal)coreTechnology or IntegrationPatient portal and telehealth technology provider enabling appointment scheduling, secure messaging, and HIPAA-compliant video visits

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Eleanor Health competitors and assessment

Company assessment

Direct peers

  • Workit Health: Workit Health provides virtual outpatient addiction treatment combining MAT, therapy, and coaching. Closest direct peer to Eleanor Health, with overlapping payor contracting strategy, virtual-first SUD delivery, and value-based care orientation.
  • Bicycle Health: Bicycle Health delivers virtual buprenorphine-based MAT for opioid use disorder via telehealth across multiple states. Direct peer competing for the same Medicaid and commercial SUD contracts and member population.
  • Ophelia: Ophelia is a virtual opioid use disorder treatment provider offering Suboxone-based MAT and care coordination. Closely comparable in clinical model, payor mix, and value-based care strategy to Eleanor Health.
  • Pelago (formerly Quit Genius): Pelago provides virtual substance use management including tobacco, alcohol, and opioid use disorder treatment sold to employers and health plans. Competes for the same employer-sponsored and payor SUD spend as Eleanor Health.
  • Ria Health: Ria Health delivers telehealth-based alcohol use disorder treatment combining medication, coaching, and digital tools. Direct peer in the virtual SUD segment, with similar payor contracting and outcomes-tracking approach.

Emerging players

  • Charlie Health: Charlie Health provides virtual intensive outpatient (IOP) and mental health treatment for adolescents and young adults. Comparable in virtual IOP delivery and payor contracting for higher-acuity behavioral health populations that overlap with Eleanor Health's co-occurring segment.
  • Brightside Health: Brightside Health is a telehealth provider focused on anxiety, depression, and co-occurring SUD using pharmacotherapy and therapy. Overlaps with Eleanor Health on the co-occurring mental health treatment segment and payor-side distribution.
  • Quartet Health: Quartet Health operates a value-based behavioral health integration platform that routes patients to in-network mental health and SUD providers. Eleanor Health's COO led VBC strategy there; Quartet is a comparable channel/coordination layer for payor-sponsored behavioral health.

Broad incumbents

  • Lyra Health: Lyra Health is a well-funded employer-sponsored virtual mental health platform offering therapy, coaching, and psychiatry. Broad incumbent in virtual behavioral health with overlapping payor and employer channels to Eleanor Health.
  • Cerebral: Cerebral provides telehealth mental health and ADHD treatment with medication management. Broader virtual mental health incumbent with overlapping payor contracting channels and comparable prescribing-and-therapy model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Eleanor Health social profiles

Digital presence

Eleanor Health compliance and trust

Trust signal

Compliance6 records

Eleanor Health financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Eleanor Health leadership team

Management profile

Number of profiles

Profiles12 records

Eleanor Health funding detail

Funding detail

Funding overview

Funding rounds8 records

Investors9 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Eleanor Health M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eleanor Health

What does Eleanor Health do?

Eleanor Health is a virtual-first outpatient addiction treatment provider delivering comprehensive, judgment-free care for substance use disorders and co-occurring mental health conditions. The integrated program combines FDA-approved medication-assisted treatment (MAT), licensed therapy, peer recovery support, care coordination, and higher-level outpatient care, delivered entirely online through secure telehealth across 18-20 U.S. states.

Is Eleanor Health a public or private company?

Eleanor Health is a private company. It is classified as venture growth investor backed and is currently operating.

When was Eleanor Health founded?

Eleanor Health was founded in 2019. It employs 101 to 250 people.

Where is Eleanor Health based?

Eleanor Health is headquartered in Waltham, United States, in the North America region.

How does Eleanor Health make money?

Two revenue lines are on record. Insurance-Reimbursed Telehealth Services are the primary driver. The others are self-Pay Program.

Who are Eleanor Health's main competitors?

Direct peers on record are Workit Health, Bicycle Health, Ophelia, Pelago (formerly Quit Genius) and Ria Health. Emerging players are Charlie Health, Brightside Health and Quartet Health. Broad incumbents are Lyra Health and Cerebral.

Does Eleanor Health have an API?

No public API is recorded for Eleanor Health.

What industry is Eleanor Health in?

Eleanor Health's product category is Addiction Treatment Services. Its primary akta.pro industry code is HLAFACAF, Outpatient Substance Use Treatment Programs (IOP/PHP/OP). Its NAICS code is 62142 and its SIC code is 8093.

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Live signals
BhbusinessPayers Require Scale, Data Before Entering VBC Arrangements with Behavioral Health ProvidersHealth insurers require behavioral health providers to demonstrate sufficient scale and robust data capabilities before entering value-based payment arrangements, creating barriers for smaller operators. Executives from CVS Health/Aetna, Eleanor Health, and Bradford Health Services outlined at a conference that data-sharing infrastructure, evidence-based care metrics, and actuarially sound population sizes are prerequisites for meaningful VBC contracts. The article suggests smaller providers should start with fee-for-service arrangements to build payer relationships and prove quality before negotiating toward value-based models.PR NewswireEleanor Health Joins Cigna Healthcare's and Evernorth Behavioral Health's Network, Expanding In-Network Addiction Care For MillionsEleanor Health announced it has joined Cigna Healthcare and Evernorth Behavioral Health networks as an in-network provider for addiction and mental health services. The expansion covers 15 states and affects more than 4.7 million covered lives, with an estimated 366,000 members in these markets living with substance use challenges. The agreement allows Cigna and Evernorth members to access Eleanor Health's evidence-based care model, which includes medication-assisted treatment, psychiatry, therapy, peer support, and care coordination, without unnecessary financial or administrative barriers.AverincapitalHow Startups Can Help Shift America to a Prevention First…The article argues that the US healthcare system is shifting from a treatment-first to a prevention-first model, driven by the rise of value-based care and technological innovation. It highlights specific startups including Wellinks, Nutromics, Eleanor Health, and Color as key players leading this transformation through digital health, wearable sensors, behavioral care, and genetic testing. These entities are described as reducing long-term costs and improving patient outcomes by focusing on early detection and proactive management.Pulse 2.0Eleanor Health: $30 Million (Series D) Raised For Transforming Delivery Of Substance Disorder CareEleanor Health raised $30 million in a Series D round led by General Catalyst. The funding will scale its whole-person care model for substance use disorder, which includes medications, psychiatry, therapy, and peer coaching. The company has contracts with 17 payors across seven states.WebrazziSağlık girişimi Eleanor Health, 30 milyon dolar yatırım aldıEleanor Health secured a $30 million Series D funding round led by General Catalyst, with participation from Town Hall Ventures, Echo Health Ventures, Northpond Ventures, Rethink Impact, and Emerson Collective. The company plans to use the capital to scale its outpatient care model for treating substance use disorders among adults. Founded in 2019, Eleanor Health provides holistic treatment including medication-assisted therapy, psychiatric services, and peer coaching.FinSMEsEleanor Health Raises $30M in Series D FundingEleanor Health, an outpatient addiction treatment provider, raised $30M in Series D funding led by General Catalyst. The company will use the funds to scale its whole-person care model for substance use disorder, currently available in seven states.Venture Capital Access OnlineEleanor Health Raises $30 Million to Transform Delivery of Substance Use Disorder CareEleanor Health announced the closing of a $30 million Series D financing round led by General Catalyst to scale its substance use disorder care model. The company will utilize these funds to expand its whole-person, value-based care approach, which is currently available in seven U.S. states.VC News DailyEleanor Health Raises $30 MillionEleanor Health, an outpatient addiction treatment provider in Waltham, MA, raised $30 million in a Series D financing round led by General Catalyst. The round included participation from existing and new investors such as Town Hall Ventures, Echo Health Ventures, Northpond Ventures, Rethink Impact, and Emerson Collective.SecSEC FORM DEleanor Health Holdings, LLC filed a Form D with the Securities and Exchange Commission for an exempt securities offering under Rule 506(b). The company has raised $22,235,808 out of a total offering amount of $30,000,000 from 19 investors since the first sale on February 9, 2024. This filing serves as a regulatory notice of the private capital raise rather than a market-moving commercial event.BhbusinessEleanor Health Founder, CEO Corbin Petro Stepping DownCorbin Petro, founder and CEO of Eleanor Health, announced her resignation from day-to-day duties to serve as a board member and advisor, with independent board member Kyle Raffaniello temporarily leading the Office of the CEO. This leadership transition follows recent executive hires and an 18-20% staff reduction at the Waltham-based mental health provider. The company continues to pursue value-based care partnerships with major insurers such as UnitedHealthcare and Amerigroup.