IntelyCare
1250 Hancock St #501N, Quincy, Massachusetts, 02169, United States
Overview
IntelyCare operates an AI-based, tech-enabled nurse staffing platform that schedules and matches nursing professionals (IntelyPros) with open assignments at healthcare organizations. The platform combines data and behavioral science with machine learning to optimize pay rates and shift matching. The company reports more than 30,000 nursing professionals working with IntelyCare at over 1,600 facilities; IntelyPros more than doubled in 2021 while client demand nearly tripled year-over-year. Since its Series B in February 2020, IntelyCare’s annual revenue has grown by more than 850%. IntelyCare emphasizes a nurse-centric approach, offering W-2 employment with benefits and continuing education to improve retention. The company plans to use new funding to expand into additional states and invest heavily in its AI-based platform and data science technology to address post-acute care staffing needs. IntelyCare is a Quincy, Mass.-based intelligent workforce management solution for post-acute facilities offering a platform and mobile app that connects nurses with flexible on-demand shift opportunities. Its system intelligently matches nurses to open shifts using advanced machine learning algorithms that optimize matching and pricing, creating shifts before facilities know their own need. The platform is designed to reduce burnout and turnover among nursing staff. In February 2020 the company raised $45M in Series B new equity and debt financing. The round was led by new investor Endeavour Vision and included Kaiser Permanente Ventures and Generator Ventures. IntelyCare intends to use the funds to expand operations and broaden its business reach. IntelyCare provides an AI-powered workforce management solution that matches nurses to open shifts at post-acute healthcare facilities and dynamically prices wages to improve fill rates. The product includes a mobile app that surfaces tailored shifts, geofencing for check-in/check-out, automated billing, downloadable credential profiles, and a rating system that refines matching over time. Its matching and pricing engine uses dozens of data elements and more than 600,000 observations; nurses who use the app open it about five times per day and shifts can be filled in as little as six hours. Predictive analytics forecast potential openings weeks in advance to help facilities plan and immediately fill shifts when posted. IntelyCare says it will use the new funding to expand development and adoption of its platform to help address a nationwide nursing shortage. The company is headquartered outside of Boston, Mass., and emphasizes increasing nurse flexibility and reducing administrative burden for facilities.
- Total raised
- $171M
- Funding rounds
- 4
- Latest round
- Series C
- Latest activity
- Apr 2022
Industries
- Health Care
- Medical
- Software
- Staffing Agency
Recent funding
Series C
Apr 2022
$115M
Series B
Feb 2020
$45M
Series A
Nov 2018
$11M