How Much Did TotalMed Raise?
Funding & Key Investors

TotalMed has secured significant capital, with its total funding reaching $5M. The company recently announced a major strategic investment of $5M, underscoring its pivotal role in the healthcare workforce solutions sector. This latest financing round signals a period of accelerated growth and strategic expansion for the organization.

What is TotalMed?

TotalMed
Business ServicesHuman Resources Management Systems (HRMS)

TotalMed operates as a comprehensive healthcare staffing and workforce solutions provider, adeptly connecting skilled professionals with healthcare facilities across the United States. The company's core competency lies in the placement of nurses, allied health specialists, and essential nonclinical staff, catering to both short-term contract needs and permanent hiring requirements. By emphasizing personalized service, stringent compliance, and operational efficiency, TotalMed empowers healthcare organizations to navigate staffing challenges effectively. Simultaneously, it facilitates rewarding career pathways for healthcare professionals, ensuring seamless transitions into diverse clinical environments.

How much funding has TotalMed raised?

TotalMed has raised a total of $5M across 1 funding round:

2020

Debt

$5M

Debt (2020): $5M with participation from PPP

Key Investors in TotalMed

PPP

Public-Private Partnership

What's next for TotalMed?

The recent major strategic investment in TotalMed, following its substantial enterprise-level funding, positions the company for significant advancements. This infusion of capital is expected to fuel strategic initiatives, potentially including technological enhancements to its staffing platform, expansion into new geographic markets, or the broadening of its service offerings to address evolving healthcare demands. The company's focus on operational excellence and compliance suggests a continued commitment to quality, which will be crucial as it scales its operations and solidifies its market presence in the competitive healthcare staffing landscape.

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Frequently Asked Questions Regarding TotalMed Financial Insights

What are the most recent funding rounds that TotalMed has completed, and what were the funding rounds?
TotalMed has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding TotalMed has raised to date?
TotalMed has raised a total of $5M in funding to date.
How many funding rounds has TotalMed completed?
TotalMed has completed 1 funding rounds.
How much funding did TotalMed raise in its most recent funding round?
TotalMed raised $5M in its most recent funding round.
Who are the lead investors in TotalMed's latest funding round?
The lead investor in TotalMed's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in TotalMed's history?
The largest funding round in TotalMed's history was $5M.
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