Clipboard Health Raises $80 Million at $1.3 Billion Valuation

Clipboard Health is a marketplace, an app that matches healthcare professionals with shifts in healthcare facilities near them. It helps CNAs and nurses to search for a job and healthcare facilities to fill open shifts. With the app, facilities can post shifts that are needed to be filled, then these shifts can be booked by healthcare workers.

The investments were raised from two rounds: last year-round Series B of $30 million, and this year-round Series C – $50 million. This year-round was led by Sequoia Capital, while the previous one – was IVP. Among other investors were Caffeinated Capital, Initialized Capital, Michael Seibel, managing director of Y Combinator’s early-stage program; Tony Xu, co-founder of DoorDash; and Emmett Shear, CEO of Twitch.

Clipboard Health, San Francisco, the USA, was founded by Wei Deng in 2016. With the money raised, the company plans to employ people in business areas such as engineering, marketing, and sales. Clipboard Health aims to solve the problem of short-staffed healthcare facilities. “It’s a feedback loop that’s amplifying itself because the more healthcare professionals leave the field, the faster the ones that remain are likely to burn out from their increased workload,” Wei Deng, CEO. As of now, the service operates in 30 cities in the US, among them are Chicago, LA, New York, and Philadelphia. This number will increase by the end of the year.

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