Healthcare Staffing Report: May 12, 2022

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Funding rounds: Vivian Health raises $60 million; Clipboard Health raises $30 million

Vivian Health announces a $60 million funding round while Clipboard Health receives a $30 million Series C funding round that values the company at $1.3 billion.

Vivian Health

Healthcare job aggregator Vivian Health announced a $60 million primary and secondary equity investment led by software investment firm Thoma Bravo, with participation from IAC (NASDAQ: IAC) and Collaborative Fund.

Vivian Health says it facilitates 15% of travel nursing placements, representing $1.5 billion in annualized labor spend. It reports more than 700,000 clinicians use its platform.

The company plans to use the investment to accelerate its growth and support future M&A activities.

IAC acquired a controlling interesting in Vivian health in June 2019.

Clipboard Health

Clipboard Health, a San Francisco-based talent platform focused on filling per diem healthcare shifts, announced it received a $30 million Series C funding round, and TechCrunch reported the company is now valued at $1.3 billion post money.

The $30 million round was announced by CEO Wei Deng in a post on SubStack. It follows a $50 million Series B found last year. Total funding at Clipboard is now $90 million.

“We wanted to create a way to match healthcare professionals — nurses, nursing assistants, medical assistants and others — with the facilities that needed them,” Deng wrote. “We wanted them to be able to choose when they worked, and where, and how often.”

Sequoia Capital took part in the Series C round.