Laudio provides a leader operations solution for healthcare that automates repetitive managerial work and delivers real-time AI recommendations to frontline managers across people, operations, quality & safety, and patient experience. Its platform claims to save more than six hours of administrative work weekly and has been shown to reduce turnover by 25% in 12 months. Laudio packages clear insights and automated workflows to help managers prioritize work and act decisively, with the goal of improving retention, labor productivity, service, quality, and safety. The company reports 100% year-over-year growth and has been recognized as a 2022 Top 20 KLAS Emerging Solution. With the new funding, Laudio plans to deepen the action-orientation of its platform, expand its sales team, increase marketing to drive awareness, and make larger investments in its AI and analytics capabilities. The product roadmap emphasizes nudging leaders to take the right action at the right time through real-time recommendations. Laudio delivers a SaaS automated platform for health systems to drive real-time, personalized engagement between nurse managers and their teams. The platform uses algorithms derived from analysis of a large healthcare human-resources dataset to operationalize proven leadership best practices. It serves up proactive interventions for managers, personalized for each team member, to address risk factors in real time. The product is intended to create a culture that supports nurse management and reduce nurse turnover and burnout. Laudio is led by Russ Richmond, MD, CEO, and is based in Boston, MA. The company completed a $7.3M Series A and intends to use the funds to expand operations and its business reach.

Total raised

$20M

Funding rounds

2

Latest round

Series B

Latest activity

Jun 2023