Trusted Health

Trusted Health

Online platform connecting travel nurses with employers

About Trusted Health

Simplify's Rating
Why Trusted Health is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Healthcare

Company Size

501-1,000

Company Stage

Series C

Total Funding

$223.2M

Headquarters

San Francisco, California

Founded

2017

Overview

Trusted Health connects healthcare professionals, especially travel nurses, with employers through an online platform. It operates in the healthcare job market, allowing professionals to find jobs that match their preferences for location, salary, and work-life balance. Instead of using traditional recruiters, Trusted Health provides a direct link between job seekers and healthcare facilities, offering over 20,000 travel nursing positions. The company generates revenue by charging fees for successful job placements and offers additional resources like salary insights, city guides, and career development tools. Trusted Health also fosters a community through forums and blogs, promoting transparency in pay and providing support for healthcare professionals.

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Simplify's Take

What believers are saying

  • Increased demand for telehealth services expands Trusted Health's market opportunities.
  • The rise of gig economy models aligns with Trusted Health's flexible staffing solutions.
  • AI integration enhances Trusted Health's predictive analytics for workforce management.

What critics are saying

  • Emerging competitors like Nomad Health threaten Trusted Health's market share.
  • Integration challenges from the Henriott merger may distract from core operations.
  • Technical issues with the new mobile app phase could affect user satisfaction.

What makes Trusted Health unique

  • Trusted Health offers unmatched insight into compensation and contract details.
  • The platform provides a dedicated Clinical Care Team for healthcare professionals.
  • Trusted Works creates an on-demand nursing workforce for hospitals.

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Funding

Total Funding

$223.2M

Above

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
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$94M
Trusted Health
$100M
Oura

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-2%

2 year growth

26%
Henriott
Nov 21st, 2023
Henriott and Trusted Health Insurance Services Merge Forces to Revolutionize Insurance Support for Small and Medium Businesses

Henriott, a renowned figure in the insurance industry, proudly announces its strategic merger with Trusted Health Insurance Services, led by industry expert Mike Pfau.

Staffing Industry Analysts
Mar 24th, 2023
People: TrueBlue, Jackson, Trusted, Robert Half, GreenLight.ai, Placers, Engtal, All Star, Nextaff and more

Futuris Co., a Rockville, Maryland-based staffing provider, appointed Robert Day as chief financial officer.

Business Wire
Nov 14th, 2022
Wavemaker Three-Sixty Health Celebrates Investment Milestone At Hlth 2022: 50 Companies In 50 Months; Portfolio Exceeds $2.5Bb In Valuation

LOS ANGELES--(BUSINESS WIRE)--Wavemaker Three-Sixty Health (Wavemaker 360), the nation’s leading venture fund focused singularly on early-stage (primarily seed) healthcare disruptors, is celebrating its 50th investment in 50 months, a strong achievement toward their goal of catalyzing global healthcare innovation by backing compelling startups in the areas of health-tech, digital health, medical device, telehealth, artificial intelligence, pharma-tech, and marketplaces. Launched in mid-2018, Wavemaker 360 has experienced promising portfolio growth since its inception, investing in a diverse array of healthcare companies mostly in the U.S., but also in Western Europe, Canada and Asia. The fund has deployed more than $20MM into its portfolio, and the companies have raised more than $750MM with the financial and healthcare industry connectivity Wavemaker 360 provides. In total, the aggregate valuation of Wavemaker 360’s portfolio companies exceeds $2.5BB

Trusted Health
Aug 17th, 2022
Trusted Inc launched next and newest phase of the Trusted mobile app on Aug 17th 22'.

Now, Trusted Inc is excited to announce the launch of the next and newest phase of the Trusted mobile app, which makes it possible for nurses to connect to those jobs from anywhere!

PRWeb
Aug 9th, 2022
Unitek Joins Forces With Trusted Health To Expand Workforce Education

Unitek Learning is the parent company of several distinguished learning institutions: Unitek College, Unitek EMT, Eagle Gate College, Provo College, and Brookline College. Trusted Health nurses can advance their careers through several programs offered by Unitek Learning schools. Unitek Learning is thrilled to announce that it has joined forces with Trusted Health, the leading labor marketplace for healthcare professionals. Founded in 2017, Trusted Health matches nurses with a range of flexible jobs that meet their preferences and career goals. They also offer support from a dedicated Clinical Care Team as well as unmatched insight into compensation and contract details. Trusted Works is their flagship staffing platform that helps hospitals meet one of their single biggest challenges: ensuring that every shift gets filled in an environment where both demand for healthcare services and the cost of labor are increasing exponentially

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