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Startups·1 min read

Heidi Health to cut 18% of staff after US$140 million round

Australian AI scribe company Heidi Health is cutting 18% of its staff, roughly two months after a US$140 million raise that made it a unicorn.

A doctor in a clinic consulting with a patient while an AI scribe app runs on a tablet.
Image: techinasia.com

Heidi Health, the Australian startup behind an AI medical scribe, is cutting 18% of its staff as part of a restructuring.

The move comes about two months after the company raised US$140 million and reached unicorn status, meaning a valuation of at least US$1 billion. The job cuts therefore follow closely on the heels of one of the larger funding rounds for an Australian AI company.

What Heidi does

Heidi builds AI scribe software, a category of tools that listen to consultations and help produce clinical notes so that doctors spend less time on paperwork. The sector has drawn heavy investor interest, and Heidi's round placed it among the best-funded players in it.

Why it matters

A layoff so soon after a major raise is notable. It suggests that even well-funded AI startups are adjusting their organisations as they scale, and it will be watched by employees, customers and investors in the fast-growing health AI market.

The company has described the step as a restructuring. Further details, including how the cuts will be distributed across teams and regions, were not part of the information available.

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Tags:heidi healthai scribelayoffsunicornaustraliahealthtech

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