What is Trusted?
Founded in 2017 and headquartered in San Francisco, California, Trusted has established itself as a leader in the healthcare workforce solutions sector. The company focuses on addressing the critical need for staffing within the largest profession in healthcare. By providing a robust platform for labor marketplace and workforce management, Trusted aims to streamline hiring processes and ensure healthcare facilities have access to the talent they require. Their strategic approach to solving industry-specific workforce challenges has positioned them for significant expansion.
How much funding has Trusted raised?
Trusted has raised a total of $114M across 2 funding rounds:
Series A
$20M
Series C
$94M
Series A (2019): $20M with participation from Craft Ventures
Series C (2021): $94M led by Texas Medical Center, Felicis Ventures, Town Hall Ventures, Mercy Health, Craft Ventures, Intermountain Ventures, Healthbox LLC / Healthbox Accelerator, Greenspring Associates, and Founder Collective
Key Investors in Trusted
Craft Ventures
Craft Ventures is a venture firm specializing in B2B technology, providing founders with operational insights and talent access. They are known for their founder-centric approach and expertise in scaling technology businesses.
Texas Medical Center
Texas Medical Center is a vast medical community focused on patient care, life science research, and fostering cross-institutional collaboration within the healthcare ecosystem.
Felicis Ventures
Felicis Ventures is a multi-stage venture capital firm that invests in early and growth-stage technology companies, with a focus on SaaS, AI, and fintech, often leading seed and Series A rounds.
What's next for Trusted?
The substantial enterprise-level funding and recent strategic investment signal a pivotal phase for Trusted. This capital infusion is expected to fuel further platform development, enhance market penetration, and potentially expand service offerings to address broader healthcare workforce needs. With a clear focus on innovation and operational efficiency, Trusted is poised to solidify its leadership position and continue its trajectory of growth within the dynamic healthcare technology landscape. The company's ability to attract significant backing from diverse investors highlights its strong potential for future success and market impact.
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