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DEALS

SwiftShift

SwiftShift

Open

Health Care, Wellness

pre-series A

Nurse-managed home care delivery platform

$5mm

Raising

$2mm

$732k

2021 ARR

$5mm

2022 Projected ARR

Left In the Round

2000

Home care hours delivered

Backed By:

About SwiftShift

Backed by Bowery Capital, Bayada, Av8 Ventures, and Alex Mashinsky, SwiftShift is building the world’s first nurse-managed home care delivery platform.

Traditional competitors are home care agency businesses. Under the agency model nurses have low autonomy, flexibility, support and pay. SwiftShift’s platform allows nurses to become self-employed leading to complete flexibility and autonomy, higher wages and a saving of around 80% on the time spent dealing with documentation – thus highly scalable.

The efficiency of AI/ML driven matching of nurses to compatible jobs has supported incredible unit economics and organic growth. 30% of nurses on the platform come from referrals with $0 CAC and 2.4X higher retention on the platform compared with competitors.

The platform model has produced an ARR of $732k in less than 1 year of trading; moving to $5mm in FY22.

$2mm is left in a $5mm round