What is IntelyCare?
IntelyCare operates a sophisticated workforce management platform and application designed to automate and enhance staffing for post-acute healthcare facilities. Headquartered in Quincy, Massachusetts, the company addresses critical operational challenges by providing intelligent solutions that optimize staff allocation and augmentation. This strategic approach aims to improve efficiency and reliability in healthcare settings, ensuring that facilities can meet their staffing needs effectively.
How much funding has IntelyCare raised?
IntelyCare has raised a total of $170.8M across 3 funding rounds:
Series A
$10.8M
Series B
$45M
Series C
$115M
Series A (2018): $10.8M with participation from Leerink Revelation Partners, Bill Mantzoukas, Longmeadow Capital, and LRVHealth
Series B (2020): $45M led by Kaiser Permanente Ventures, Generator Ventures, and Endeavour Vision
Series C (2022): $115M supported by Kaiser Permanente Ventures, Janus Henderson Group, Revelation Partners, Longitude Capital, Endeavour Vision, and Leeds Illuminate
Key Investors in IntelyCare
Kaiser Permanente Ventures
Kaiser Permanente Ventures is a national leader in strategic venture investing in healthcare, focusing on advancing healthcare innovation and partnering with entrepreneurs to build promising healthcare solutions that provide clear value for patients, providers, and healthcare delivery systems.
Revelation Partners
Revelation Partners specializes in providing flexible capital solutions for rapidly growing healthcare companies, focusing on shareholder liquidity and growth capital, aiming to eliminate friction and accelerate growth in the healthcare ecosystem.
Endeavour Vision
Endeavour Vision is a leading investment advisory firm specializing in transformative healthcare technologies, particularly in medical devices and digital health, empowering entrepreneurs to develop and commercialize innovative solutions that address critical unmet healthcare needs.
What's next for IntelyCare?
With its recent major strategic investment, IntelyCare is poised for accelerated expansion and further development of its innovative workforce management solutions. The substantial capital infusion, part of its $170.8M in total financing, suggests a strong market validation and provides the resources necessary to scale operations, enhance its technology offerings, and potentially explore new market segments within the healthcare industry. This strategic backing will likely enable IntelyCare to solidify its position as a leader in healthcare workforce optimization.
See full IntelyCare company page