Jessica Hagen
The layoffs come three months after a $10 million extension that brought its Series C round to $115 million.
The company will expand its team and product offerings, including direct-to-consumer operations, thanks to the FDA's approval of over-the-counter sales of hearing aids.
The Wisconsin Department of Health Services plans to make reSET and reSET-O available through providers in outpatient settings.
Transcarent announced it would expand into the pharmacy benefit space in September.
The company said it will use the funding to accelerate its go-to-market push.
The company will expand its team by 300% by 2023 and expand the rollout of its services in the U.S. market.
The wearable tech company’s deal with Best Buy marks its entry into brick-and-mortar retail.
The company also announced a partnership with managed care organization CareSource to study the benefits of using virtual reality with patients receiving home and community-based services.
The company received the funds as part of growth equity financing.
HealthJoy, Hazel Health, Navina, Galen Robotics, Midi Health and Lumata Health also announced funding rounds.