Jasper Health, a most cancers care platform startup, laid off a considerable a part of its workforce, TechCrunch has discovered. Engineering and product design had been among the many departments impacted by the cuts, in accordance with posts on LinkedIn from impacted staff.
TechCrunch was unable to independently confirm the precise quantity of people that had been reduce, however an business supply who knew impacted folks believes it was roughly half of Jasper Health’s small crew. According to PitchBook knowledge, Jasper Health had about 48 staff earlier than the cuts.
The firm’s co-founder and CEO, Adam Pellegrini, didn’t reply to TechCrunch’s request for remark. TechCrunch’s makes an attempt to succeed in Jasper Health’s chief working officer, chief progress officer, and head of selling through e-mail had been unsuccessful, with messages bouncing again.
Just a little over two years in the past, in February 2022, Jasper Health raised a $25 million Series A led by General Catalyst, with participation from Human Capital, W Health Ventures, Redesign Health and 7wireVentures. At that point, the corporate mentioned it raised a complete of $31 million in enterprise capital.
Most considerably, Jasper is a General Catalyst portfolio firm. The VC agency is likely one of the most lively healthcare traders. It is so severe about bringing new startup-led expertise into the US healthcare system that earlier this 12 months, the VC agency bought an Ohio-based well being system known as Suma Health, an unprecedented transfer in enterprise capital. But clearly, that doesn’t imply that every one GC-backed well being tech startups will flourish up-and-to-the-right with out setbacks.
Jasper can be notable as a result of it was conceived and launched in 2018 by Redesign Health, a enterprise agency and studio that creates new healthcare firms. Run by CEO Brett Shaheen (beforehand at Lone Pine Capital and Carlyle Group), Redesign says it’s constructed 50 healthcare startups which have collectively raised $1.three billion. Redesign, which is itself backed by LPs like General Catalyst, CVS Health Ventures, and Samsung Next, additionally had its personal layoffs earlier this 12 months, Fierce Healthcare reported.
Jasper’s digital however human-led platform provides care navigation, affected person assist and distant affected person monitoring. The firm additionally offers psychosocial care. It says that roughly 12% of its customers are in remission from most cancers.
Pelligrini, the corporate’s founder, began his profession as a surgical specialist within the US Army. He additionally helped construct the American Cancer Society’s web site, which offers data to sufferers and caregivers in regards to the illness. Before founding Jasper, he was the senior vp of digital care and client well being innovation at CVS Health.
Jasper Health’s rivals embody Thyme Care and Reimagine Care.
