Overview

IntelyCare connects nursing professionals, such as Registered Nurses (RNs), Licensed Practical Nurses (LPNs), and Certified Nursing Assistants (CNAs), with healthcare facilities that need staff. The platform allows nurses to choose shifts that fit their schedules and preferences, providing flexibility in their work. IntelyCare also offers services like onboarding, credentialing, and access to continuing education to help nurses stay qualified and deliver quality care. Unlike many staffing agencies, IntelyCare guarantees shifts for healthcare facilities, ensuring a consistent income stream. The company's goal is to support nursing professionals in their careers while ensuring that healthcare facilities have access to qualified staff.

Simplify's Take

What believers are saying

• IntelyCare raised $10.8M to expand its workforce management solution.
• Partnerships with firms like Oliver Wyman enhance IntelyCare's market positioning.
• Increased demand for flexible staffing solutions boosts IntelyCare's growth potential.

What critics are saying

• IntelyCare laid off 30 employees, indicating potential financial or operational challenges.
• Competition from new entrants like CareConnect threatens IntelyCare's market share.
• High nurse dissatisfaction could lead to higher attrition rates for IntelyCare.

What makes IntelyCare unique

• IntelyCare uses a gig-model app to optimize healthcare staffing resources.
• The platform offers flexible, on-demand work opportunities for nursing professionals.
• IntelyCare provides onboarding, credentialing, and continuing education services for nurses.

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Funding

Total Funding

$170.8M

Above

Industry Average

Funded Over

3 Rounds

$115,000,000

Series C

Apr 2022

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

Above Average

Industry standards

Ind Avg. $50M

$16M

$40M

$50M

$62M

$100M

$115M

View all funding stages