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AI start-up Heidi cuts jobs weeks after raising $475 million
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AI start-up Heidi cuts jobs weeks after raising $475 million

Melbourne-based AI health-tech startup Heidi is cutting approximately 18 percent of its workforce, affecting 108 employees, just weeks after securing a major funding round. The layoffs coincide with the departures of two of its three co-founders, Waleed Mussa and Yu Liu, who are stepping back from operational roles. CEO Thomas Kelly stated the reductions are necessary to rebalance the team toward high-impact markets and support future growth, though specific regions affected were not disclosed. Heidi recently raised USD 340 million (AUD 475 million) in a valuation of USD 1.26 billion, led by Blackbird Ventures, and reports supporting nearly 3 million patient interactions weekly. The company continues to hire for key positions while offering severance packages that exceed statutory requirements.

2 reports

The Age logoThe AgeIndependentCenter
AI start-up Heidi cuts jobs weeks after raising $475 million

Melbourne-based AI health-tech startup Heidi is cutting approximately 18 percent of its workforce, affecting 108 employees, just weeks after securing a major funding round. The layoffs coincide with the departures of two of its three co-founders, Waleed Mussa and Yu Liu, who are stepping back from operational roles. CEO Thomas Kelly stated the reductions are necessary to rebalance the team toward high-impact markets and support future growth, though specific regions affected were not disclosed. Heidi recently raised USD 340 million (AUD 475 million) in a valuation of USD 1.26 billion, led by Blackbird Ventures, and reports supporting nearly 3 million patient interactions weekly. The company continues to hire for key positions while offering severance packages that exceed statutory requirements.

Bias read (Center): The article presents standard corporate news using neutral language, direct quotes from executives and investors, and factual financial data without editorializing or taking a stance on the business decisions.

The Sydney Morning Herald logoThe Sydney Morning HeraldIndependentCenter
AI start-up Heidi cuts jobs weeks after raising $475 million

Melbourne-based AI health-tech startup Heidi is cutting approximately 18 percent of its workforce, affecting 108 employees, just weeks after securing a major funding round. The layoffs coincide with the departures of two of its three co-founders, Waleed Mussa and Yu Liu, who are stepping back from operational roles. CEO Thomas Kelly stated the reductions are necessary to rebalance the team toward high-impact markets and support future growth, though specific regions affected were not disclosed. Heidi recently raised USD 340 million (AUD 475 million) in a valuation of USD 1.26 billion, led by Blackbird Ventures, and reports supporting nearly 3 million patient interactions weekly. The company continues to hire for key positions while offering severance packages that exceed statutory requirements.

Bias read (Center): The article presents standard corporate news using neutral language, direct quotes from executives and investors, and factual financial data without editorializing or taking a stance on the business decisions.

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