Clipboard Health

Clipboard Health

Connects healthcare facilities with nursing staff

About Clipboard Health

Simplify's Rating
Why Clipboard Health is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Healthcare

Company Size

1,001-5,000

Company Stage

Series C

Total Funding

$91.6M

Headquarters

San Francisco, California

Founded

2016

Overview

Clipboard Health connects healthcare facilities with local nursing professionals to address staffing shortages. The platform allows healthcare providers to find qualified nurses who can fill open shifts, which helps improve patient care and avoid penalties for understaffing. Nurses using the platform enjoy greater flexibility in choosing their work hours and can compare job details and negotiate pay rates transparently. Unlike traditional staffing agencies, Clipboard Health operates a marketplace model that facilitates direct connections between facilities and nurses, earning revenue through transaction fees. The goal of Clipboard Health is to enhance the efficiency of healthcare operations while improving job satisfaction for nurses.

YC Company
Simplify Jobs

Simplify's Take

What believers are saying

  • Increased telehealth adoption creates remote work opportunities for nurses on Clipboard Health.
  • AI-driven scheduling tools enhance Clipboard Health's staffing solutions efficiency.
  • Healthcare facilities' shift from traditional agencies to digital platforms boosts Clipboard Health's market share.

What critics are saying

  • Competition from platforms like ShiftKey and CareRev may erode Clipboard Health's market share.
  • Nurses delaying shift acceptance for higher rates could increase Clipboard Health's operational costs.
  • Ongoing nursing shortages may lead to demands for higher wages, impacting profitability.

What makes Clipboard Health unique

  • Clipboard Health offers a one-click application process for nurses seeking jobs.
  • The platform provides transparency in pay rates and work details for nurses.
  • Clipboard Health connects healthcare facilities with local professionals to fill unoccupied shifts.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$91.6M

Below

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Flexible Work Hours

Remote Work Options

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-3%
PYMNTS
Apr 18th, 2023
Hospitals Adopt Gig Economy Apps As Nurses Seek Flexible Hours

Hospitals are reportedly turning to gig economy apps to fill shifts amid a nursing shortage.This change comes at a time when hospitals continue to struggle with staffing issues after seeing the largest drop in nurse employment in four decades during the pandemic years of 2020 and 2021, The Wall Street Journal (WSJ) reported Tuesday (April 18).Among the apps hospitals are adopting are ShiftKey, which lets nurses bid for shifts, and CareRev, which lets hospitals raise and lower their rates for different shifts, according to the report.These capabilities offered by apps help hospitals meet nurses’ demands for flexible hours, shorter shifts, greater control and higher pay, the report said.The apps also give hospitals access to a larger labor pool, the ability to adjust rates as needed and an alternative to the more expensive option of using temporary staffing agencies, per the report.At the same time, hospitals adopting the gig economy model must deal with greater uncertainty around filling shifts and the possibility that nurses will delay accepting a shift until the rate rises as the shift gets nearer while remaining unfilled, according to the report.This report comes about two months after digital healthcare labor marketplace ShiftMed raised $200 million to expand its national footprint.The platform connects healthcare providers with licensed nurses, enabling healthcare providers to reduce their operating costs and allowing nurses and aides to have more control over shifts.“Healthcare providers continue to struggle with access to credentialed workers as patient needs and volume continues to rise,” ShiftMed CEO Todd Walrath said at the time.COVID-19 dislodged the longtime go-to model of hospitals using staffing agencies, Clipboard Health CEO and founder Wei Deng told PYMNTS Karen Webster in an interview posted in November.In the post-pandemic environment, digital platforms are leaning into harmonizing the healthcare industry’s complex set of patient, professional and institutional requirements, Deng said at the time.With a gig marketplace, facilities can enter their shifts and clinicians can pick up the shifts when they need them, Julie Dunphy, who was at the time chief financial officer at Gale Healthcare Solutions, told PYMNTS in an interview posted in April 2022.“That’s really empowering them,” Dunphy said at the time. “It speaks to the overall demand that we’re seeing in the U.S. for the gig marketplace, the gig economy, and we’re able to provide that to our clinicians.”

PYMNTS
Nov 23rd, 2022
Staffing And Wage Access Get Digital Do-Over As Healthcare Delivery Changes

As healthcare delivery models expand, questions around facility needs, staff demands over shifts, wage access and more are advancing rapidly, and digital platforms are leaning into harmonizing this highly complex set of patient, professional and institutional requirements. Speaking with PYMNTS’ Karen Webster for J.P. Morgan Chase “Tech Voices” Series, Clipboard Health CEO and Founder Wei Deng outlined the issues, as a nursing shortage, rampant burnout, and tectonic shifts in the healthcare landscape create a delicate balancing act for all involved

Staffing Industry Analysts
May 10th, 2022
Clipboard Health LLC receives financing of $60M in Series C funding round

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.

Healthcare Bullpen
May 10th, 2022
Caffeinated Capital invested into Clipboard Health LLC in $30M on Apr 10th 22'.

Clipboard Health recently raised $30 million in Series C funding led by Sequoia Capital with participation from Caffeinated Capital, Initialized Capital, Michael Seibel of Y Combinator; Tony Xu, co-founder of DoorDash; and Emmett Shear, CEO of Twitch.

BetaKit
Apr 29th, 2022
Clipboard Health LLC received financing of $80M on Apr 29th 22'.

Clipboard Health, an app-based marketplace that matches nurses with open shifts at nearby healthcare facilities, today announced that it raised $80 million over two unannounced rounds, a $50 million Series B round in 2021 and a $30 million Series C round this year, at a $1.3 billion valuation post-money.

Recently Posted Jobs

Sign up to get curated job recommendations

There are no jobs for Clipboard Health right now.

Find jobs on Simplify and start your career today

💡
We update Clipboard Health's jobs every 8 hours, so check again soon! Browse all jobs →