Clipboard Health Raises $80M; Post-Money Valued at $1.3 Billion

Clipboard Health

Clipboard Health, a San Francisco, CA-based profitable, app-based marketplace that matches healthcare professionals with open shifts at healthcare facilities near them, raised $80m in funding over two rounds.

The $80m was raised over two rounds of funding: a $30m Series C round, which closed in February 2022, and a $50m Series B round, which closed last year. These rounds bring the company’s total financing to more than $90m, with a Series C post-money valuation of $1.3 billion.

The latest round was led by Sequoia Capital and the Series B was led by IVP. Additional investors in the company include Caffeinated Capital, Initialized Capital, Michael Seibel, managing director of Y Combinator’s early-stage program; Tony Xu, co-founder of DoorDash; and Emmett Shear, CEO of Twitch.

The company intends to use the funds to hire in all areas of the business, including doubling the size of its engineering team, as well as grow its sales and marketing organizations.

Led by Wei Deng, founding CEO, Clipboard Health is an online marketplace that matches nurses, nursing assistants and other healthcare professionals with facilities that need additional staffing. Its app allows qualified healthcare professionals to find and sign up for open shifts at facilities near them.

The marketplace serves tens of thousands of healthcare professionals and over a thousand facilities in more than 30 U.S. cities, including Los Angeles, Philadelphia, Chicago and New York.

The company plans to launch in many more cities by the end of the year, enabling healthcare facilities to post shifts they need to fill, and healthcare professionals to book shifts at nearby facilities and manage their own schedules on an app.