Behavioral Health Business September 1, 2021
Ellipsis raises $26M
Behavioral health artificial intelligence (AI) company Ellipsis Health has scored $26 million in Series A funding. SJF Ventures led the round, with additional participation from firms such as AblePartners, Alumni Ventures, Generator Ventures, Greycroft Partners, Khosla Ventures and Luminous Ventures, among other investors.
The new money brings the total amount raised by the company thus far up to $31 million.
Founded in 2017, San Francisco-based Ellipsis Health uses machine-learning techniques to detect and measure symptoms of anxiety and depression through users’ speech patterns. Users’ tone of voice, acoustics and language are assessed by algorithms to help payers and providers identify high-risk populations.
Ellipsis Health plans to use the funding to continue growing its customer base, expanding its...