Trusted Health acquires $20M in new funding towards nursing job portal

It's no secret that the U.S. has been suffering from a nursing shortage for some time now, and most recently, the Bureau of Labor Statistics reported that an additional 203,700 registered nurses would be necessary each year through 2026 to fill in the openings of those retiring.

According to financial services firm Moody’s, rural parts of the Southern and Western U.S. will bear the brunt of the employment gap, with Georgia, Florida, Texas, and California experiencing the highest shortfalls.

That’s why former Hired.com veterans Matt Pierce and Lennie Sliwinski teamed up with nurses, software engineers, and marketers hailing from Google, LinkedIn, IBM, and other heavy-hitting tech companies to found Trusted Health, a hiring platform that matches nurse candidates with vetted temporary, travel, and staff positions. It has ramped up quickly in the two years since its formal launch; 1,000 new nurses join the company’s platform weekly, and in the first quarter alone users viewed 246,000 nursing positions.

To sustain this momentum, Trusted Health announced that it has secured $20 million in series A funding led by Craft Ventures, with participation from Felicis Ventures and Founder Collective. Pierce, who serves as CEO, says the funds will be used to enhance the tools and resources used by its community of nurses and to increase the types and quantities of opportunities available to them.

“[N]urses continue to be in high demand. However, because they have had to rely on antiquated and inefficient recruiting processes, nurses often miss ideal opportunities that fill quickly,” said Sarah Gray, Trusted Health’s founding clinician. “Trusted Health is empowering nurses with more control over the trajectory of their careers and greater flexibility in their lives. We … [provide] a platform that gives today’s nurses a quick and easy way to find rewarding work, connect with other professionals, and access the modern benefits and features they want, along with [job] security.”

Read more here.

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