Brightline

Healthcare provider sitting at a desk and looking at a computer
By  Jessica Hagen 01:09 pm May 8, 2023
Pediatric virtual behavioral health company Brightline announced a second round of layoffs in less than a year, again affecting 20% of its workforce. The California-based company let go of 20% of its workforce in November, months after announcing an additional $10 million raise, bringing its total Series C funding to $115 million.  "As we continue to expand our team of therapists, psychiatry...
Businesspeople shaking hands.
By  Emily Olsen 11:11 am April 25, 2023
Oracle has announced that Seema Verma, former administrator of the Centers for Medicare and Medicaid Services, will head up its life sciences division. Verma will serve as senior vice president and general manager for life sciences, where she'll lead the division, as well as the company's data analytics and research arm Cerner Enviza. She most recently worked as a senior advisor to private equity...
People in an office at a desk talking
By  Jessica Hagen 10:42 am November 7, 2022
After announcing an additional $10 million raise in July, bringing its total Series C funding to $115 million, pediatric virtual behavioral health company Brightline is laying off 20% of its workforce. The layoffs at Brightline were first reported by Behavioral Health Business. Cuts were made across all areas of the company.  "We identified several areas to realign our strategic priorities and...
A piggy bank next to a stethoscope and a pile of coins.
By  Emily Olsen 12:37 pm July 15, 2022
Data exchange platform Particle Health announced this week it had raised $25 million in funding, about two years after a $12 million Series A round.  The startup said the raise brings its total funding pot to $39.3 million. The round was led by Canvas Ventures with participation from Menlo Ventures, Story Ventures and Pruven Capital. Particle offers an API platform that aggregates and...
Patient taking their blood pressure while on a video call with a provider
By  Emily Olsen 01:13 pm May 4, 2022
Personal ECG maker AliveCor launched its own heart health management and coaching program for employers, health plans and health systems dubbed KardiaComplete. The program will include monitoring through the company's KardiaMobile 6L personal ECG and Omron’s Evolv blood pressure cuff, a care team that works with a patient's primary care provider and health coaching that can assist with lifestyle...
A parent and a child talking to a doctor
By  Emily Olsen 02:04 pm April 13, 2022
Pediatric behavioral health company Brightline is launching a virtual coaching program aimed at parents and caregivers with children at risk for or diagnosed with autism spectrum disorder (ASD). Getting an Early Start on Autism includes one-on-one sessions with an autism care coach as well additional educational content and exercises. The program is geared toward caregivers with children ages 18...
A woman presents to investors
By  Emily Olsen 02:35 pm March 29, 2022
Pediatric behavioral health company Brightline raised a whopping $105 million, pushing its valuation to $705 million, according to reporting by Bloomberg.  The round was led by KKR & Co., with participation from existing investors, including GV, Optum Ventures, Oak HC/FT Partners Threshold Ventures and Blue Cross Blue Shield of Massachusetts. CEO Naomi Allen told Bloomberg it would use the...
Parent and child
By  Laura Lovett 02:54 pm January 11, 2022
During the COVID-19 pandemic, rates of depression and anxiety rose across the U.S. This crisis brought digital technologies into the spotlight, with patients, providers and investors taking notice. In fact, in the first three quarters of 2021, investors poured $3.1 billion into the sector, according to Rock Health.  While the bulk of digital health tools are dedicated to adult patients, the world...
A woman holding a child while playing
By  Emily Olsen 11:33 am October 20, 2021
Pediatric behavioral health platform Brightline will launch a program for children with autism spectrum disorder in early 2022. The company will also expand content and coaching geared toward youth who identify as LGBTQ, and Black, Indigenous or other children of color, expected to be available early next year. Brightline announced a Clinical Advisory Board that aims to help develop more programs...
parent and child wave to doctor during a telehealth visit
By  Mallory Hackett 02:34 pm June 17, 2021
Pediatric behavioral health platform Brightline has raised $72 million in a Series B funding round led by GV. New investors Optum Ventures, 7wireVentures, Gaingels and Debra Lee, the chairman and CEO emeritus of BET Networks, participated in the round. Returning investors include Oak HC/FT, Threshold Ventures, Blue Shield of California, Blue Cross Blue Shield of Massachusetts, SemperVirens VC,...