Behavioral Health Startups Foresight, Headspace, SonderMind, Eleanor Lay Off Staff

Numerous behavioural health startups have let go of staff members. These firms include Foresight Mental Health, Headspace Health, SonderMind, and Eleanor Health, all of which have raised tens of millions of dollars in the previous year. This occurs as venture-backed businesses as a whole continue to cut back as a result of fresh economic challenges. In a prior interview with Behavioral Health Business, managing partner of BBG Ventures Nisha Dua said, "They have to be much more attentive about capital efficiency, particularly as it relates to technology expenses, but operations costs and headcount in general." The third round of layoffs at Foresight Mental Health this year. In total, the behavioral health provider cut two-third of its administrative team, or 327 positions, in 2022.