Human problems, as we know, can appear in various different forms, so to solve them effectively, we must deliver the most fitting solution for each version. Now, that is something easier said than done. You see, coming up with suitable answers for what is an expansive amount of problems can never be a straightforward task. However, it will become one after we discover technology. Technology’s versatility was surely envisioned to have a far-reaching impact, but in all honesty, very few were spot on about its scale, as soon enough, we were watching the creation takeover our entire spectrum. This kickstarted a revolution around the granular areas, and one of the biggest beneficiaries to emerge from it was our healthcare sector. The global healthcare landscape was literally six feet under by the time technology arrived. Nevertheless, despite the enormous task at hand, the creation didn’t take a lot of time before its imprint on the discipline started to become evident. In fact, this imprint has only grown stronger over the recent past, and one particular funding goes the distance to tell you that the stated progression isn’t slowing down any time soon.
Brightline, a company known for providing virtual behavioral health services to children, adolescents and families nationwide, has officially secured over $105 million in Series C financing. Led by Global investment firm KKR, the round saw many other participants, including GV, 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. As a part of the agreement, the director at KKR, Johnny Kim has joined Brightine’s board of directors.
According to certain reports, Brightline will use the new cash injection towards making mental healthcare services available to diverse populations. This notably covers caregivers of children who suffer from autism spectrum disorder, and the ones who identify as LGBTQ+ or BIPOC. Beyond that, the company is looking to expand patient programs, support culturally competent care provider training, and grow the integral care teams. Talk about bolstering care teams, Brightline currently has over 85 care providers that range across psychologists, psychiatrists, speech-language pathologists and behavioral coaches on its roster, and the company is poised to triple this figure by the end of 2022. In case that wasn’t enough, Brightline is also intent on growing partnerships with health plans and employers, therefore becoming more family-focused.
“The healthcare system needs to better support families across the entire care journey—from first engaging with the system to achieving better health outcomes,” said Naomi Allen, CEO of Brightline. “As the first nationwide full-family behavioral health solution built specifically to care for kids, teens and their caregivers, Brightline provides families with access to whatever care they might need.”
