How Much Did Florence Raise?
Funding & Key Investors

Florence, a digital marketplace addressing the healthcare staffing crisis, has secured significant enterprise-level funding, with its most recent capital injection being a major strategic investment. The company has raised a total of $41.2M to date, with the latest funding round contributing $35M towards its growth initiatives. This substantial backing underscores the market's confidence in Florence's innovative approach to connecting vacant care home shifts with local nurses and carers.

What is Florence?

Florence
Business ServicesHuman Resources Management Systems (HRMS)Human Resources Software

Founded in 2016 and headquartered in London, England, Florence operates as an intelligent online platform designed to mitigate the ongoing healthcare staffing crisis. By functioning as a direct marketplace, it bypasses traditional intermediaries, empowering healthcare operators to efficiently source qualified staff with the necessary skills precisely when needed. The company's model prioritizes the needs of both nurses and healthcare providers, fostering a more agile and responsive staffing ecosystem.

How much funding has Florence raised?

Florence has raised a total of $41.2M across 2 funding rounds:

2019

Series A

$6.2M

2022

Series B

$35M

Series A (2019): $6.2M with participation from Rianta Capital, Waverly Capital, and SEEK

Series B (2022): $35M led by AXA Venture Partners, Roo Capital, and SeekInvest

Key Investors in Florence

SEEK

SEEK is a leading Australian online employment platform that connects job seekers with employers across diverse industries. The company provides job listings, career resources, and tools to enhance the hiring and job-search experience. With a strong presence in the APAC region, SEEK.com.au focuses on helping individuals find meaningful work while supporting businesses in sourcing the right talent efficiently.

AXA Venture Partners

AXA Venture Partners (AVP) is a venture capital fund investing in high-growth, technology-enabled companies. AVP provides access to business development opportunities helping portfolio companies to scale globally and accelerate their growth.

SeekInvest

SeekInvest offers an integrated platform designed to align investments with client values and risk tolerance, enabling the creation of customized proposals and comprehensive reports. The platform enhances client engagement through detailed assessments, portfolio analysis, and actionable insights.

What's next for Florence?

The recent major strategic investment signifies a pivotal growth phase for Florence, likely enabling the company to scale its operations, enhance its platform technology, and potentially expand into new markets. This infusion of capital, following previous funding rounds, suggests a trajectory towards solidifying its position as a leader in healthcare staffing solutions. Future developments may include further technological advancements in AI-driven matching, broader recruitment efforts, and strategic partnerships to address the persistent challenges within the healthcare workforce.

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Frequently Asked Questions Regarding Florence Financial Insights

What are the most recent funding rounds that Florence has completed, and what were the funding rounds?
Florence has recently completed 2 funding rounds: Series B on May 31, 2022, Series A on Jun 27, 2019.
What is the total amount of funding Florence has raised to date?
Florence has raised a total of $41.2M in funding to date.
How many funding rounds has Florence completed?
Florence has completed 2 funding rounds.
How much funding did Florence raise in its most recent funding round?
Florence raised $35M in its most recent funding round.
Who are the lead investors in Florence's latest funding round?
The lead investor in Florence's latest funding round was AXA Venture Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Florence's history?
The largest funding round in Florence's history was $35M.
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