San Francisco-based startup Trusted Health, which offers a technology tool to help nurses find job opportunities, has nabbed $20 million in a Series A funding round led by Craft Ventures. Previous investors Felicis Ventures and Founder Collective also participated.
With the new funding, Trusted Health plans to improve its tools and resources and increase the types and quantities of opportunities available.
The company offers an employment platform that nurses can use to find flexible job opportunities as well as permanent staff positions. To use the tool, a nurse can create a profile, view opportunities in real time and apply to positions he or she likes.
Trusted Health integrates timekeeping, benefits enrollment and contract signing into its platform. The startup also provides W2 employment, including paid sick leave, insurance and overtime.
Additionally, Trusted Health users are each connected with a nurse advocate, who is a nurse and can answer questions, assist with the application process and provide support.
“At a time when there aren’t enough nurses to fill critical jobs, the Trusted Health team has built a successful technology-based platform that appeals to modern nurses, and ultimately helps hospitals deliver on their goal of improving patient care,” Jeff Fluhr, general partner at Craft Ventures, said in a statement. “With an experienced leadership team that understands both the employment and healthcare industries, we believe Trusted Health will fundamentally change the way the next generation of nurses approaches career development.”
The California startup was founded in 2017.
Trusted Health isn’t the only company leveraging technology to tackle nursing staffing issues.
Atlanta-based SnapNurse is an on-demand tool that enables hospitals and other facilities to find and book nurses. From a nurse perspective, an individual can sign up for the platform and begin the credentialing process. The nurse uploads all required documents and is sent a set of forms to digitally sign. Once verified through the SnapNurse platform, the nurse is ready to go.
Another organization, Nomad Health, offers an online marketplace for clinical jobs. The New York City company lets organizations post locum tenens, telehealth and permanent doctor jobs as well as travel nursing positions. Locum tenens references doctors who take temporary clinical positions.
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