How Much is Clipboard Health Worth?[ $1.3B to $30B]

clipboard Health

Nursing institutions (SNFs, elder care, and hospitals) may leverage Clipboard Health technology to find the appropriate nurse at the right time and location (CNAs, LVNs, RNs, NPs, etc.).

A countrywide shortage of nurses is well-known, yet many new nursing graduates can still not find employment 18 months after graduation.

One of the top three most prevalent occupations in the United States is that of a nurse, and Clipboard health wants to address this issue for the 4 million nurses who work there.

One Y Combinator alum is Clipboard Health, which has a presence in many states.

VALUES

Ownership

We are solely accountable for the outcomes of our respective domains.

Curiosity

We want to get down to the nitty-gritty of a subject and understand it from the ground up.

Efficiency

Because we thrive at prioritizing and getting to the essence of any project or assignment, we are very successful in our work.

Growth

Learning and progress are more important to us than our egos. Admitting our mistakes and areas for growth is integral to growing into the best versions of ourselves.

Empathy

We care about the needs of our customers and strive to comprehend their issues fully.

Forward-thinking

For us, the world isn’t just what it is but what we want it to be.

By making staffing reliable, affordable, and easy, we create opportunities.

MISSION

We want to change the healthcare talent market by establishing a new standard for dependability, cost, and convenience of use for both healthcare institutions and healthcare professionals.

PHILOSOPHY

With a focus on gaining a thorough grasp of the needs of each region we serve, we want to simplify the lives of healthcare institutions, healthcare professionals, and patients.

Our robust technology platform makes it simple for healthcare professionals and institutions to create the partnerships necessary to offer high-quality patient care and manage workforce shortages.

SERVICES

Clipboard Health’s online marketplace enables participating healthcare institutions and healthcare professionals around the country to access new possibilities and solutions.

Participating healthcare institutions may publish open shifts on our app, and competent, independent healthcare workers can identify and sign up for changes at nearby facilities.

AMAZING SUPPORT

We’re a tight-knit group that cares about your success.
What does it mean to you?

  • Help that is tailored to your specific needs
  • You may reach our customer service representatives at any time of day or night.
  • In addition, Clipboard Health’s knowledge base provides access to a wide range of professional resources.

clipboard Health

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Is Clipboard Health an online hiring platform that catches $80M to expand into more cities?

More than $90 million has been invested in Clipboard Health, an app-based marketplace linking available shifts in healthcare institutions with experts.

Series C post-money value of the firm rose to $1.3 billion due to the transaction.

Between a $30 million series C financing completed in February 2022 and last year’s $50 million series B investment, the company raised $80 million.

Series B was headed by IVP, with Sequoia Capital serving as the lead investor in that round and the most recent.

Y Combinator’s early-stage program managing director Michael Seibel, DoorDash founder Tony Xu, and Twitch CEO Emmett Shear are among the other investors in the startup.

Since its inception in 2016, Clipboard Health has raised 94 million dollars. Participating healthcare institutions may be scheduled via the company’s online marketplace.

Venture capitalists continue to pump money into healthcare-focused firms, as a result of the nationwide scarcity of healthcare workers, online job boards that connect employers looking to fill available jobs with qualified nurses and other providers are becoming more popular.

A total of $149 million in November was earned by Trusted Health, while connectRN earned $76 million in December. In October, ShiftMed was awarded $45 million.

With COVID-19, short-staffed healthcare facilities have become a long-term issue, resulting in increasing burnout among nurses, decreased treatment and access to healthcare for patients, and soaring expenses for healthcare providers.

According to the U.S. Bureau of Labor Statistics, hospital employment in the United States has decreased by more than 2% since March 2020.

Health care workers are in limited supply, which affects patient care, says Wei Deng, the CEO of Clipboard Health, in a statement.

Finding a solution immediately is vital. As a result, institutions can fill shifts as required and tap into a larger labor pool, while healthcare workers may earn more and have better flexibility over their schedules because of Clipboard. It’s a win-win situation and how healthcare talent will be recruited in the future.”

Clipboard Health’s marketplace services thousands of healthcare professionals and over a thousand institutions in more than 30 U.S. cities, including Los Angeles, Philadelphia, Chicago, and New York. By the end of the year, the firm hopes to expand into other cities.

Clipboard Health aims to double its engineering staff and expand its sales and marketing departments, among other things. Executives claim that the company’s gross revenue has surged 25 times in the previous 18 months.

A general partner at IVP, Jules Maltz, described Clipboard’s unit economics and capital-efficient development as “amazing.”

How do I turn off clipboard health?

Please cancel at least 72 hours in advance if you need to reschedule a shift to avoid a penalty on your Clipboard account. Please read and understand our cancellation policy before canceling a change.

To reschedule a shift.

  1. Clipboard Health should be launched first.
  2. Choose My Shifts from the drop-down menu (bottom-center)
  3. Decide which shift you want to revoke
  4. At the bottom of the screen, click Cancel this shift.
  5. Select a reason for canceling
  6. If further information is required, provide it.

If you cancel or fail to show up for work without enough warning, you risk having your account suspended or deleted. Our cancellation policy may be found here.

How much is clipboard Health worth?

After receiving a $30 million Series C round of investment, Clipboard Health, a San Francisco-based talent network for filling per-diem healthcare shifts, is now valued at $1.3 billion, according to TechCrunch.

CEO Wei Deng announced the $30 million financing through a post on SubStack. Earlier this year, a $50 million Series B was discovered, and Clipboard has received $90 million in total investment.

Deng writes, “We intended to build a means to link healthcare professionals—nurses, nursing assistants, medical assistants, and others—with the institutions that required them.” To us, employees needed to be allowed to set their hours and where and how frequently they worked.”

A $50 million Series B round in 2021, and a $30 million Series C round this year, totaling $80 million.
Participated in the Series C round: Sequoia Capital

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