Virtual behavioral healthcare leader Brightline has raked in $105 million in Series C funding. The hefty raise nearly doubles the company’s lifetime investment total to north of $200 million. Acting as round leader via its Health Care Strategic Growth Fund II was global investment firm KKR, and existing investors GV, Optum Ventures, Threshold, 7wireVentures, Oak HC/FT, Children’s Medical Center Corporation, and Blue Cross Blue Shield of Massachusetts also made contributions. Johnny Kim, Director at KKR, will be given a seat on Brightline’s board of directors.
Fresh from a listing in Fast Company’s Most Innovative Companies for 2022, Brightline boasts high-quality coaching programs, clinical services, digital on-demand support, and more in addressing the mental health support needs of millions of children and their families. It plans to leverage the new money for improving access to its wide-ranging care ecosystem, which mainly serves children up to age 18 as well as their caregivers. Also on the docket is an expansion of its teen-specific services and specialty programs for diverse populations such as LGBTQ+ and/or BIPOC youth and caregivers of young children on the autism spectrum. “With this investment, we are uniquely positioned to continue to expand our on-demand support and care offerings to meet the broad spectrum of youth mental health needs," said Brightline Co-founder and Chief Executive Officer Naomi Allen.