Incredible Health Raises $80M in Series B; Valued at $1.65 Billion

incredible health

Incredible Health, a San Francisco, CA-based career marketplace for permanent healthcare workers, raised $80m in Series B funding, bringing the company’s valuation to $1.65 billion.

The round was led by Base10 Partners as part of its Advancement Initiative, a fund designed to align the success of tech companies with wealth creation for underrepresented minorities with participation from existing investors Andreessen Horowitz, Obvious Ventures, Kaiser Permanente, Johns Hopkins, Workday CEO Chano Fernando and NBA Champion Andre Iguodala, The D’Amelio family, including Charli and Dixie D’Amelio. 

The company intends to use the funds to:

  • Optimize every aspect of the hiring workflow with machine learning technology, including screening and matching, to a personalized and automated experience for both healthcare workers and employers
  • Support nurses and other healthcare workers over the course of their entire careers, beyond finding permanent jobs, including skill growth, scheduling services, mobility and relocation support, cross-training, and educational scholarships
  • Enhance its tech-enabled nurse community with personalized advice and content ranking
  • Expand and scale to 90% of the U.S. nurse workforce, and support healthcare worker roles beyond nursing that have critical shortages

Co-founded by MD and Wharton alum Iman Abuzeid and MIT alum from a family of nurses, Rome Portlock, Incredible Health is a career marketplace for permanent healthcare workers, which proprietary algorithm-based technology custom matches the needs of hospitals with the right nurses. It is already used by over 600 top hospitals nationwide. The company operates nationally. 

Incredible Health has 180 remote employees in 35 states and continues to hire at a rapid pace.

FinSMEs

17/08/2022