Trusted Health
(em)Powering the Healthcare Workforce
(em)Powering the Healthcare Workforce
Trusted Health
Trusted Health, with the slogan "(em)Powering the Healthcare Workforce," is revolutionizing the healthcare industry as the leading labor marketplace and workforce management platform. Established in 2017, the company initially focused on nursing, transforming the traditional recruitment process into a fully digital experience. Their platform not only connects nurses with job opportunities but also manages benefits, payroll, onboarding, and compliance. Additionally, Trusted Health provides full employer-of-record services for healthcare employers across 50 states and the District of Columbia.
In 2020, the company unveiled its proprietary staffing platform, Works (www.works.ai), designed to help hospitals address the challenge of filling every shift amidst rising healthcare demand and labor costs. Works enables facilities to establish their on-demand nursing workforce and offers predictive insights and recommendations to help hospitals adapt to fluctuations in demand. Moreover, the staffing marketplace within Works fosters competition to fill open job requisitions with top-tier talent from a pre-onboarded network of suppliers. Notably, Trusted Health was recognized on the Forbes Next Billion Dollar Startups List in 2020.
The company has garnered substantial support from renowned institutional investors such as Craft Ventures, Felicis Ventures, StepStone Group, and Founder Collective, in addition to collaboration with influential healthcare entities including Texas Medical Center, Mercy Health, Intermountain Ventures, Town Hall Ventures, and Healthbox. Notably, Trusted Health raised a significant $94.00M Series C investment on November 17, 2021, with contributions from FJ Labs, Greenspring Associates, Manhattan Venture Partners, and Blue Gentian Capital.
Trusted Health's innovative approach and strong backing position it as a frontrunner in reshaping the healthcare workforce, making it a compelling investment opportunity for venture capital firms seeking to capitalize on the evolving dynamics of the healthcare industry.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Series C | $94.00M | 4 |
|
17 Nov 2021 |
| Series B | $55.00M | 3 |
|
01 Mar 2020 |
| Series A | $20.00M | 8 |
|
06 May 2019 |
| Seed Round | $4.00M | 5 |
|
21 Aug 2018 |
| Seed Round | $1.50M | 3 |
|
21 Aug 2017 |
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