What is connectRN?
connectRN is a leading nurse-centric platform dedicated to revolutionizing how healthcare professionals find employment. By integrating technology, connectRN fosters a robust network for nurses and other medical staff, offering flexible work opportunities and career development resources. The platform addresses critical staffing shortages faced by healthcare facilities while empowering clinicians with greater control over their careers. Headquartered in Waltham, Massachusetts, connectRN's services extend to clinicians across the United States, positioning it as a key player in modernizing healthcare workforce solutions.
How much funding has connectRN raised?
connectRN has raised a total of $94.4M across 5 funding rounds:
Private Equity
$500K
Debt
$2.5M
Debt
$2M
Stock Offering
$13.4M
Unspecified
$76M
Private Equity (2016): $500K, investors not publicly disclosed
Debt (2017): $2.5M, investors not publicly disclosed
Debt (2020): $2M supported by PPP
Stock Issuance/Offering (2021): $13.4M, investors not publicly disclosed
Unspecified (2021): $76M backed by Infinitum Asset Management, Suvretta Capital Management, Avidity Partners, and Adage Capital Management
Key Investors in connectRN
Suvretta Capital Management
Suvretta Capital Management, LLC is an investment management firm that provides capital management, financial planning, and advisory services, primarily serving clients in New York.
Avidity Partners
Avidity Partners, LLC specializes in post Chapter 11 bankruptcy services, including trust management, asset distribution, and litigation, having distributed over two billion dollars to creditors.
Adage Capital Management
Adage Capital Management is a Boston-based money management firm with a primary focus on S&P 500 assets.
What's next for connectRN?
The recent major strategic investment in connectRN, following substantial prior capital raises, indicates a strong market validation and positions the company for significant scaling. This enterprise-level funding is expected to fuel further technological advancements, enhance platform capabilities, and expand its reach within the U.S. healthcare system. Strategic initiatives likely include deepening partnerships with healthcare facilities and broadening its network of healthcare professionals, reinforcing its mission to alleviate staffing challenges and support clinicians.
See full connectRN company page
