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Nurse staffing platform IntelyCare announces $10.8 million funding round

November 01 2018

IntelyCare, a nurse staffing platform for post-acute healthcare facilities, raised $10.8 million in a Series A funding round. This investment brings the Massachusetts-based firm’s total funding to $14 million.

IntelyCare uses artificial intelligence and a mobile app to place nursing professionals. The company said the number of nurses and facilities that it works with has doubled in the past year, and it plans to use the new funding to further increase growth.

Facilities pay flat rates for IntelyCare’s staffing tool, which prices the nurse wages based on how easy or hard it is to fill the shift. Nurses check in and out of their shifts on the IntelyCare app, which uses geofencing technology to validate hours worked, and are paid directly from IntelyCare. 

The platform uses AI to learn about preferences for nurses and facilities through every interaction and seeks feedback through a rating system, enabling it to improve matching over time.

The most recent funding round was led by Leerink Revelation Partners with participation from Longmeadow Capital, previous investor LRVHealth and Bill Mantzoukas, an entrepreneur who has owned and operated a series of skilled nursing facilities.

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