What is Brightline?
Founded in 2019 and headquartered in Palo Alto, CA, Brightline operates at the intersection of healthcare technology and telehealth, specializing in pediatric behavioral therapy. The company aims to enhance access to and quality of care for children requiring behavioral health services through its technology-driven platform. Brightline's approach leverages digital tools to support therapists, engage young patients, and involve families in the treatment process, addressing a critical need in the pediatric healthcare landscape. Its services are designed to bridge gaps in traditional care delivery, making specialized therapy more accessible and effective.
How much funding has Brightline raised?
Brightline has raised a total of $202M across 3 funding rounds:
Series A
$20M
Series B
$72M
Series C
$110M
Series A (2020): $20M with participation from Oak HC/FT, City Light Capital, Blue Cross Blue Shield companies, Threshold Ventures, Blue Shield of California Foundation, and Rock Health companies
Series B (2021): $72M led by 7wireVentures, Optum Ventures, GV, Gaingels, and Oak HC/FT
Series C (2022): $110M supported by 7wireVentures, Optum Ventures, Oak HC/FT, Threshold, KKR, Northwell Health, and GV
Key Investors in Brightline
7wireVentures
7wire Ventures is a venture capital firm specializing in early-stage digital health companies, aiming to empower informed and connected health consumers through innovative solutions.
Optum Ventures
Optum Ventures invests in early-stage companies poised to disrupt the status quo and make healthcare better for everyone.
Oak HC/FT
Oak HC/FT is a premier venture growth-equity fund focused on driving transformation in Healthcare Information & Services and Financial Services Technology.
What's next for Brightline?
With the recent infusion of $110M in major strategic investment, Brightline is poised for accelerated growth and further innovation. This substantial backing, part of its $202M in total funding, suggests a strong market validation and investor confidence in the company's mission and business model. The capital is expected to fuel expansion into new markets, enhance its technology platform, and potentially broaden its service offerings within pediatric behavioral health. Strategic partnerships and continued development of its telehealth capabilities will likely be key priorities as Brightline solidifies its position as a leader in the digital health space for children's mental and behavioral well-being.
See full Brightline company page
