Out of its 130 employees, Healthy.io has let go of 40 workers in the US, Israel, and the UK, Calcalist has learnt. Since layoffs aren't exclusive to any one country, hence the usual number of layoffs are almost the same across most countries. This is the second big round of layoffs for the company, which reduced staff by about 70 in 2023 and is intended to help the business turn a profit.
Healthy.io, which was founded in 2013 by Jonathan Adiri, raised $50 million in its most recent fundraising round, a Series D, in May of last year. At the same time, the company let off 70 people.
“The company is focused on expanding its commercial presence in the US and Europe. After a decade of developing these pioneering solutions, the company has made strategic adjustments to prioritize reaching profitability and to optimize growth. This realignment impacted approximately 40 employees and is designed to best support Healthy.io's mission of expanding access to clinical-grade home solutions and serving patients worldwide. We deeply value each one of our talented team members, including those we had to part ways with.”
