Brightline’s mental health start -up starts at $ 105M and more in mental health funding

Child health association Brightline raised $ 105 million, claiming its $ 705 million budget, according to the report. 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 said Bloomberg he would use the money for workers and increase his gifts.

The latest expansion, which comes more than a year after the announcement, has brought $ 72 million in Series B funding.


Physical mental development begins Brightside Health raised $ 50 million in a Series B fundraiser led by ACME Capital and Mousse Partners.

The latest round involves acquisitions from investors Bullpen Capital, Triventures and Trousdale Ventures, which bring the company’s total to $ 75 million. Brightside also carried a $ 24 million Series A last year.

The startup offers medical treatment and virtual therapy for anxiety and depression. Users first complete an appraisal and then meet with a provider for weeks or a physician review. Patients can send their provider without the weekly video calls.

“This new capital will help us grow our team from 57 to 175 employees expected this year, and further expand our base and teams to increase access to more people. “said Brad Kittredge, CEO of Brightside in a statement.

“Because we stand behind the quality and responsibility of our care model, we are happy to put our money where our mouth is after delivering the best results and opening the door. way to take care of the real wealth of mental health. We can manage stress and anxiety. in a way that can be approachable and can change lives. “


Graphic design industry Qure.ai raised $ 40 million in a fundraiser led by Novo Holdings and HealthQuad with involvement from investor MassMutual Ventures.

The AI ​​initiative said it will use the influx of capital to develop new products related to critical care and community diagnostics, and strengthen its presence around the world, including in the US and and Europe. Qure has received several FDA 510 (k) approvals. Most recently, it received the green light for its algorithm to help suppliers installation of breathing tubes.

Last month, the company brought in £ 3.2 million from SBRI Healthcare to study AI -assisted chronic pain management.

“Our technology helps more than four million people each year across 50 countries. Our goal is to remain bullish as our market grows, especially in the US and Europe. .We are committed to helping health care professionals quickly identify patients and more specific details, even while compromising most routine procedures.“CEO and founder Prashant Warier said in a statement.

“This is a win -win for everyone involved in health care, especially for patients around the world who are benefiting from the best health outcomes.”


AmplifyMD has acquired a $ 23 million private equity fund between Series A and product banks. Series A is led by F-Prime Capital, and the product is led by Forerunner Ventures and Greylock.

The startup plans to use the money to work with additional hospitals and continue building their base.

“Think about running an hour to take care of or need to be relocated – whether in the middle of an illness or not – you’re going to be in your most critical condition,” said the cofounder and CEO. Meena Mallipeddi in a statement.

“Our remote care center solves this problem, and that’s before we discuss medical and financial benefits to hospitals and overall health systems, even though the transition is slow. And the maintenance of the system which translates millions up and down each year. “


Lantum health care workers received $ 15 million in funding, according to TechCrunch. The round was led by Finch Capital, with participation from Piton Capital, Samos and investment banker Cedars-Sinai.

The startup works with the National Health Service of the UK, helping to connect the health care facilities that need support with service providers looking for work. According to an interview with CEO and founder Melissa Morris, the platform also helps companies move employees around a variety of backgrounds.

The money will go towards hiring new staff and building new facilities in the UK, as well as expanding the US market.

Related Posts

Leave a Reply

Your email address will not be published.