ShiftWizard, a Morrisville, N.C.-based healthcare workforce management solution provider, closed a $3m funding round.
Backers included Rolling Hills Ventures and Resolute Venture Partners, which are both part of Clayton Associates, an investment firm founded in 1996 by R. Clayton McWhorter, former founder of HealthTrust, Inc. and Chairman of Hospital Corporation of America (NYSE:HCA).
The company will use the funds to further product development and invest in customer acquisition through sales, training and implementation efforts.
Led by newly named CEO Joe Velk, ShiftWizard is a SaaS based workforce management solution for healthcare organizations, which supports the needs of both direct-patient-care personnel and non-patient personnel with scheduling, productivity and forecasting capabilities.
It is suited to meet the needs of healthcare organizations, including:
Acute care hospitals
Long-term care facilities
Long-term acute care (LTAC)
Outpatient clinics (e.g., surgical centers, urgent care clinics)
Critical access hospitals
Correctional healthcare facilities
Mental health facilities
Military/veteran hospitals and clinics
In conjunction with the funding, Rolling Hills Ventures Managing Partner Richard Bovender and Velk will both join ShiftWizard’s board of directors along with Jay Zeidman, managing partner at Resolute Venture Partners, and company founders Christian Pardue and Shane Parker. Landon Gibbs, a partner with Clayton Associates, will serve as a company advisor.