Healthcare Staffing Report: April 11, 2024

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

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 co-founder Max Mullen, Yelp COO Jed Nachman and former Yelp VP of Marketing Brian Osborn.