Daily News

View All News

Float lands $10 million in funding for on-demand home infusion nurses

March 29, 2024

Float Health Inc., a provider of on-demand home infusion nurses, announced a $10 million Series A funding round, bringing its total funding to $15 million.

Home infusion nurses assist patients by administering medication that needs to be provided through either an injection or an IV. The company has a network of nurses in California and Arizona.

The San Francisco-based company was founded by CEO Ryan Johnson, a former emergency room nurse, and Chief Operating Officer Christy Johnson.

Float partners with pharmacy providers such as CVS, Walgreens and Kroger to provide the on-demand nurses to patients.

Canvas Ventures led the funding round, with General Partner Mike Ghaffary joining Float’s board. The round also had participation from Wave Capital, Y Combinator, Burst Capital and Also Capital. Tech executives and angel investors also took part in the funding round, including Instacart cofounder Max Mullen, Yelp COO Jed Nachman and former Yelp VP of Marketing Brian Osborn.