IntelyCare has raised a total of $174 million in funding, achieving a current valuation of $1.1 billion (as of April 2022). The company’s growth has been fueled by investors such as Endeavor Vision, Revelation Partners, and Janus Henderson Investors. IntelyCare’s platform revolutionizes healthcare staffing by empowering facilities to efficiently fill shifts while offering nurses flexible scheduling opportunities through an intuitive online platform.
What Is IntelyCare and What Does It Do?
IntelyCare, founded in 2016 by David Coppins, Prince Nnah, Ike Nnah, and Christopher Caulfield, is headquartered in Quincy, Massachusetts. The company provides an online contract workforce recruitment platform specifically for nurses, connecting healthcare facilities with qualified professionals to fill shifts efficiently.
IntelyCare simplifies staffing by allowing healthcare organizations to post shifts, review requests, and fill positions through an intuitive platform. Nurses can create profiles, set availability, accept shifts, and manage their schedules seamlessly. The platform leverages intelligent automation to optimize shift coverage, reduce staffing gaps, and improve patient care.
With a team of 201-500 employees, IntelyCare has already gained recognition for improving workforce flexibility and operational efficiency in healthcare facilities, enabling both employers and nurses to work smarter and more effectively.
How Much Funding Has IntelyCare Raised?
1. Seed Round
- Amount Raised: $3 million
- Date: July 2017
- Lead Investors: Early investors not publicly disclosed (regulatory filings indicate ~$3M in seed debt/equity)
- Motivation: Build early product, expand nurse supply, and enhance platform capabilities.
2. Series A
- Amount Raised: $10.8 million
- Date: November 2018
- Lead Investors: Leerink Revelation Partners (lead); participation from Longmeadow Capital, LRVHealth, and Bill Mantzoukas (angel)
- Motivation: Accelerate product development and expand market adoption of IntelyCare’s intelligent workforce-management platform.
3. Series B
- Amount Raised: $45 million
- Date: February 2020
- Lead Investors: Endeavour Vision, Kaiser Permanente Ventures, Generator Ventures
- Motivation: Support platform expansion, data analytics enhancement, and new client acquisition in post-acute care settings.
4. Series C
- Amount Raised: $115 million
- Date: April 2022
- Lead Investors: Janus Henderson Investors, Longitude Capital, Leeds Illuminate, Endeavour Vision, Revelation Partners, Kaiser Permanente Ventures
- Motivation: Advance AI-driven staffing models, accelerate hiring expansion, and improve platform automation and analytics.
Total Funding Raised: $174 Million
Current Valuation: $1.1 Billion (as of April 2022)
Latest Funding Date: April 6, 2022
Key Investors
1. Janus Henderson Investors
- Details: A global asset management firm investing in growth-stage technology and healthcare innovators.
- Investment Focus Areas: Healthcare IT, SaaS, and data-driven workforce platforms.
- Notable Investments: Oscar Health, Butterfly Network, GoodRx.
2. Endeavour Vision
- Details: A Swiss venture capital firm focused on scaling high-growth medtech and digital health companies.
- Investment Focus Areas: Healthcare technology, patient monitoring, and medical devices.
- Notable Investments: CeQur, CorWave, IntelyCare.
3. Revelation Partners
- Details: A growth equity firm supporting healthcare companies with flexible financing solutions.
- Investment Focus Areas: Healthcare IT, digital health, and life sciences.
- Notable Investments: Omada Health, Lyra Health, IntelyCare.
Where Is IntelyCare’s Headquarters?
IntelyCare is headquartered in Quincy, Massachusetts, United States, a growing hub for healthcare technology and innovation. Its proximity to Boston provides access to a robust talent pool, top medical institutions, and leading investors focused on healthcare innovation and workforce transformation.
What’s Next for IntelyCare?
IntelyCare plans to expand its platform capabilities with advanced predictive scheduling and AI-based workforce optimization. The company aims to deepen its integration with healthcare facilities nationwide while enhancing nurse engagement tools to reduce turnover.
With a focus on expanding into new care settings and improving data-driven staffing efficiency, IntelyCare is positioning itself as a leader in healthcare workforce technology.
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