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Nurse talent platform IntelyCare announces $115 million funding round, valuation at $1 billion

April 06, 2022

IntelyCare, a Quincy, Massachusetts-headquartered talent platform providing per diem nurses, announced a $115 million Series C funding round today.

The round values IntelyCare at $1.1 billion.

“We knew that a technology solution could change lives for both sides of the market, and we’re seeing that vision come to fruition as we now have over 30,000 nursing professionals working with IntelyCare at over 1,600 facilities across the country,” said IntelyCare co-founder and CEO David Coppins.

IntelyCare was founded in 2016.

Janus Henderson Investors led the Series C round. Also participating were new and existing investors, including Longitude Capital, Leeds Illuminate, Endeavour Vision, Revelation Partners and Kaiser Permanente Ventures.

“As care settings become increasingly distributed, it is clear that healthcare organizations will rely on technology to flexibly meet their staffing needs,” said Endeavour Vision Managing Partner Bernard Vogel.

IntelyCare reported that since its Series B funding round in February 2020, the number of nursing professionals on its platform more than doubled in 2021.