Jasper Health: A Cancer Care Platform Facing Workforce Changes

Introduction

Jasper Health, a startup specializing in cancer care platforms, recently underwent significant layoffs affecting its engineering and product design departments. The exact number of employees impacted remains undisclosed, but it is believed to be approximately half of Jasper Health's team.

Company Background

• Founded in 2018 by Redesign Health, a healthcare venture firm.
• Raised a $25 million Series A funding round in February 2022.
• Provides a digital platform offering care navigation, patient support, remote patient monitoring, and psychosocial care.
• Approximately 12% of its users are in cancer remission.

Workforce Changes

• Impact on engineering and product design departments.
• Co-founder and CEO, Adam Pellegrini, unavailable for comment.
• Attempts to reach other key executives unsuccessful.
• Source claims around 50% of the team was affected.

Funding and Investor Relations

• Series A funding led by General Catalyst.
• Total of $31 million raised in venture capital to date.
• General Catalyst known for active healthcare investments.
• Created by Redesign Health, known for launching healthcare startups.

Founder's Background

• Founder Adam Pellegrini started as a surgical specialist in the US Army.
• Previously involved in building the American Cancer Society's website.
• Served as senior vice president of virtual care and consumer health innovation at CVS Health.

Industry Landscape

• Competitors include Thyme Care and Reimagine Care.
• Redesign Health, the parent company, also experienced layoffs earlier this year.
• General Catalyst purchased Suma Health, signaling its commitment to healthcare technology.

In summary, Jasper Health, a startup in the cancer care platform space, faced workforce changes impacting key departments. Despite challenges, it continues to provide essential services to cancer patients and caregivers, with a strong focus on care navigation and patient support.