Brightline Raises $105M in Series C Funding

Brightline

Brightline, a Palo Alto-based company specialized in virtual behavioral healthcare for children, adolescents and their families, has secured $105M Series C funding. This brings the total funding to more than $200M.

Global investment firm KKR led the round, and existing investors GV (formerly Google Ventures), Optum Ventures, Oak HC/FT, Threshold, 7wireVentures, Children’s Medical Center Corporation (parent corporation of Boston Children’s Hospital), and Blue Cross Blue Shield of Massachusetts also participated. Johnny Kim, Director at KKR, has also joined Brightline’s board of directors.

The funds will be used by the company to expand its operations and business reach, to explore coordination with ecosystem partners, to innovate its care model, with interactive content interventions and expanded care options, as well as to continue to offer employee benefits. Brightline also plans to expand its tailor-made services for teens, as well as specialty programs to support diverse populations — including caregivers of young children with Autism Spectrum Disorder and youth who identify as LGBTQ+ and/or BIPOC.

Brightline was founded by two digital health entrepreneurs, Naomi Allen and Giovanni Colella. It is a virtual behavioral solution designed to help children, teens, and their families with a wide range of needs. Its digital on-demand platform, Connect, along with its coaching programs and clinical services — including behavioral therapy, evaluation, medication support, and speech therapy — are now available in all 50 states. Brightline is a partner with 50 employers. The company covers more than 24 million people and plans to cover over 50 million in 2022.

 

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