Total amount raised
$60 Million
Latest funding date
04/01/2022
Location
Vivian Health has successfully raised funding through a Private Equity round, attracting investments from notable firms such as Collaborative Fund and Thoma Bravo. The company has also been acquired by IAC, further solidifying its position in the healthcare job marketplace.
Keep reading to explore the intricacies of Vivian Health's fundraising journey and the investors backing this innovative platform.
What Is Vivian Health?
Vivian Health is a prominent marketplace for healthcare jobs, located in San Francisco, California. The company operates in various industries, including health care, human resources, nursing and residential care, recruiting, and staffing agencies. It has an employee count ranging from 101 to 250.
Founded to empower healthcare professionals, Vivian Health offers a range of job types such as staff, travel, local contract, and per diem opportunities. The platform is widely used, with over 2.5 million clinicians, and is accessible via highly-rated mobile apps.
How Much Funding Has Vivian Health Raised?
- Private Equity Round
- Amount Raised: USD 60,000,000
- Date: April 2022
- Lead Investors: Thoma Bravo
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth, expand reach in the healthcare industry, and support future mergers and acquisitions.
Total Amount Raised: USD 60,000,000. Current Valuation: Not publicly disclosed.
Key Investors
- Thoma Bravo
- Details: Thoma Bravo is a leading private equity firm with a focus on investing in software and technology-enabled services. They have a history of driving growth and innovation in their portfolio companies.
- Investment Focus Areas: Software, technology-enabled services, healthcare.
- Notable Investments: SolarWinds, McAfee, Instructure.
- Collaborative Fund
- Details: Collaborative Fund is a venture capital firm that invests in companies pushing the world forward. They focus on supporting innovative and sustainable businesses.
- Investment Focus Areas: Sustainability, technology, consumer goods.
- Notable Investments: Lyft, Kickstarter, Beyond Meat.
What's Next for Vivian Health?
Vivian Health stands at the cusp of significant growth, fueled by a recent $60 million funding round aimed at accelerating its expansion in the healthcare industry. This financial boost positions the company to scale its operations and explore new markets, leveraging its platform that already serves over 700,000 registered clinicians.
Future fundraising opportunities appear promising, as the company plans to support mergers and acquisitions to enhance its market presence. This strategic approach could attract additional investments, further solidifying its role in the healthcare job marketplace.
However, Vivian Health may face challenges such as competition from other job platforms and the complexities of integrating new acquisitions. Maintaining growth momentum and effectively utilizing the raised capital will be crucial for its continued success.
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