Most cancers care platform startup Jasper Well being has laid off most of its workers, TechCrunch has realized. Engineering and product design are among the many departments affected by the layoffs, in line with LinkedIn posts from affected workers.
TechCrunch could not independently confirm the precise variety of individuals being laid off, however an trade supply with data of these affected places it at about half of Jasper Well being’s small staff. Jasper Well being had about 48 workers earlier than the layoffs, in line with PitchBook knowledge.
The corporate’s co-founder and CEO Adam Pellegrini didn’t reply to TechCrunch’s request for remark. TechCrunch tried to contact Jasper Well being’s chief working officer, chief progress officer and head of promoting through electronic mail, however was unsuccessful and the message bounced again.
Greater than two years in the past, in February 2022, Jasper Well being raised $25 million in Sequence A funding led by Basic Catalyst, with participation from Human Capital, W Well being Ventures, Redesign Well being and 7wireVentures. On the time, the corporate stated it had raised a complete of $31 million in enterprise capital.
Better of all, Jasper is a Basic Catalyst portfolio firm. The enterprise capital agency is likely one of the most energetic healthcare buyers. So severe is it about bringing startup-led new expertise into the U.S. well being care system that earlier this yr, the enterprise capital agency bought an Ohio-based well being system referred to as Suma Well being, an unprecedented transfer within the enterprise capital world. measures. However clearly, that does not imply that every one GC-backed well being tech startups will thrive with out setbacks.
Jasper can be notable as a result of it was conceived and launched in 2018 by Redesign Well being, a enterprise capital agency and studio that creates new healthcare corporations. Redesign, run by CEO Brett Shaheen (beforehand at Lone Pine Capital and Carlyle Group), says it has created 50 healthcare startups and raised a complete of $1.3 billion in funding. In response to Fierce Healthcare, Redesign itself is backed by restricted companions similar to Basic Catalyst, CVS Well being Ventures and Samsung Subsequent, and in addition laid off workers earlier this yr.
Jasper’s digital but human-led platform supplies care navigation, affected person help and distant affected person monitoring. The corporate additionally supplies psychosocial care. About 12% of customers have seen their most cancers go into remission, the corporate stated.
Firm founder Pelligrini started his profession as a surgical specialist within the U.S. Military. He additionally helped set up the American Most cancers Society’s web site to offer sufferers and caregivers with details about the illness. Previous to founding Jasper, he served as senior vp of digital care and shopper well being innovation at CVS Well being.
Jasper Well being’s rivals embody Thyme Care and Reimagine Care.
