San Francisco-based Elemy, the pediatric behavioral health startup that rose to Unicorn status in less than 2 years, has undergone a 2nd round of layoffs on Friday, July 15.
Though the impact and the exact number of employees let go in this round of layoff is yet unclear. We understand that several departments including Recruitment, Operations and Product were part of the layoffs.
The company was valued at $1.15bn after raising its last round of funding for $218mn in a Series B led by SoftBank Vision Fund 2 & others.
Elemy pairs parents of children with autism & other behavioral health conditions with a list of certified clinicians. The company was launched by Yury Yakubchyk in May 202 with the idea to modernize and develop autism care.
The company declined to answer a query about the total number of Elemy employees laid off this month, or the number of employees let go during an earlier round of layoffs in March. Elemy’s management said it was restructuring to focus on three core states: Florida, Texas and California