Psychological well being startup Brightline lays off 20% of its workforce

Pediatric digital behavioral well being firm Brightline introduced a second spherical of layoffs in lower than a 12 months, once more affecting 20% of its workforce.

The California-based firm let go of 20% of its workforce in November, months after asserting a further $10 million raise, bringing its complete Sequence C funding to $115 million. 

“As we proceed to broaden our workforce of therapists, psychiatry suppliers, coaches and member assist brokers, together with the hiring of a brand new chief medical officer, Dr. Myra Altman, to permit us to fulfill the rising demand throughout the nation for our providers, we’ve additionally made the choice to cut back our company non-member dealing with workforce. This resolution was not taken flippantly, and though extremely tough, it can in the end enable us to raised serve our purchasers and supply much more households with the psychological healthcare assist they deserve,” a spokesperson from Brightline informed MobiHealthNews in an e-mail. 

THE LARGER TREND

Final month, Brightline announced it was affected by the data breach of its third-party vendor Fortra on its file switch providers. The digital care supplier filed nine notices in April with the Division of Well being and Human Companies’ Workplace for Civil Rights, which revealed not less than 964,300 people have been affected to this point.   

Doubtlessly compromised info contains names, member identification, addresses, date of well being plan protection, birthdates and employer names. 

Along with its $10 million Sequence C elevate in 2022, Brightline obtained a whopping $105 million in funding. It additionally launched a virtual coaching program for folks and caregivers with kids in danger for or identified with autism spectrum dysfunction (ASD). 

That elevate got here lower than a 12 months after Brightline introduced it introduced in $72 million in Series B funding.