Thursday 5 November, Money & Work

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Three men standing together indoors with potted plants, two faces marked with red X symbols
✓ Startup DailyMoney & Work1 min read

Healthcare startup lays off workers despite strong funding

Melbourne AI startup Heidi cut a portion of staff weeks after raising major funding. Two cofounders are departing.

Heidi, a Melbourne healthcare startup, cut staff on Wednesday weeks after raising new funding. CEO and cofounder Dr Thomas Kelly announced the restructure to employees but did not say exact job numbers.

The startup supports three million patient interactions per week. It said it was realigning teams toward growth priorities.

Two of Heidi's three cofounders are leaving. Waleed Mussa is taking time with family after intense fundraising work.

Yu Liu will move to an advisory role through March 2027. Kelly said sorry to affected staff, saying leadership takes responsibility for the restructure.

Departing staff will get severance packages above what the law requires.

US$100 million
Series C funding raised
A$1.26 billion
Post-money valuation
3 million
Weekly patient interactions
600+
Staff headcount

Why it mattersLayoffs soon after major funding raise questions about the startup's path to profit and growth.

AustraliaHeidi is one of Australia's most valued healthcare startups, so staff cuts affect Melbourne's tech and healthcare job market.

Corroborated bysmh.com.au

✓ Claims checked against the source and corrected before publish. checked 2 h ago

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