Incredible Health – a career platform for healthcare workers – aims to make it easier for nurses to secure full-time jobs and help hospitals reduce recruitment costs.
The $80 million Series B funding round was led by Base10 Partners, Dr Iman Abuzeid said. Existing investors, which includes Kaiser Permanente and Obvious Ventures also returned alongside a roster of new angels and funds such as Workday CEO, Chano Fernando. Andre Iguodala, NBA champion is also an investor, as is the D’Amelio family – which includes TikTok influencers Charli and Dixie D’Amelio – who joined the round through their 444 Capital fund.
The cash infusion will be used to support Incredible Health’s mission of “helping healthcare workers live better lives and find their dream roles,” Abuzeid wrote in a blog post.
The platform , which bills itself as the “highest valued tech-enabled” career marketplace, has seen rapid growth prior to the coronavirus pandemic, but the crisis accelerated demand for its services. The Series B round of funding follows “several major milestones” for the company over the “last 18 months,” Abuzeid said. Incredible Health’s 2021 revenue jumped by more than 500 percent, she added, with some 60 percent of the top-ranked hospitals in the United States, including Johns Hopkins, Cedar Sinai and Stanford Health Care using its service to find employees.
According to Incredible Health’s website, over 10,000 US nurses join its marketplace every week and it now partners with 600 hospitals across the nation. Hospitals pay Incredible Health to list their vacancies while the platform’s proprietary algorithm matches the best candidates to the open roles.
In 2017, Abuzeid, who was born in Saudi Arabia to Sudanese parents and hails from a family of surgeons, co-founded the company with chief technology officer, Rome Portlock, who comes from a family of nurses.