Healthcare recruiter Nomad Health, the New York City-based based business that wants to match clinicians and nurses with healthcare facilities looking to fill short-term clinical vacancies in-person and via telehealth, has closed a $12 million Series B round. The company plans to use the new funding to expand its footprint from 12 states where it does business with more than 1,000 healthcare organizations to 50.
Polaris Partners led the Series B, which also included existing investors First Round Capital, RRE Ventures, and .406 Ventures.
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Nomad Health was founded three years ago with the goal of cutting out brokers in favor of greater billing transparency and lower commissions. An algorithm matches hospitals’ needs with the most qualified clinicians based on licensing, dates available, specialty, and location, and other criteria.
In response to emailed questions, Nomad Health Cofounder and CEO Alexi Nazem said the areas most in demand are clinicians across internal medicine, emergency medicine, and psychiatry.
“Similarly, travel nurses of all specialties are high in demand,” he said.
“Our goal has always been to bring this technology to bear across the country, and with this new infusion of capital, we can expand to all 50 states and hire new staff to propel our growth.”
Last year, the company added a telemedicine recruitment marketplace reflecting the growth of the virtual care sector.
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