IntelyCare Raises $10.8M in Series A Funding

IntelyCareIntelyCare, a Quincy, MA-based provider of an intelligent workforce management solution for post-acute healthcare facilities, raised $10.8m in Series A funding.

The round, which brought total funding to $14m, was led by Leerink Revelation Partners with participation from Longmeadow Capital, previous investor LRVHealth and Bill Mantzoukas, an entrepreneur who has owned and operated a series of skilled nursing facilities. In conjunction with the funding, Scott Halsted, managing partner at Leerink Revelation Partners, joined IntelyCare’s board of directors.

The company intends to use the funds to expand development and adoption of its solution.

Led by David Coppins, co-founder and CEO, and Chris Caulfield, RN, co-founder and Chief Nursing Officer, IntelyCare is an intelligent workforce management solution for post-acute healthcare facilities. Its matching technology understands the needs of healthcare facilities and nursing professionals at a hyper-local level to improve care by automatically optimizing and augmenting staff.
IntelyCare considers dozens of data elements and more than 600,000 observations – such as past behavior, time or day of shift, medical specialties and certifications, geography, pay rates and familiarity with a facility – to present nurses with the shifts they’re most likely to accept.

FinSMEs

01/11/2018

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