How Much Did Trusted Raise?
Funding & Key Investors

Trusted, a prominent labor marketplace and workforce management platform for the healthcare sector, has secured significant enterprise-level funding, with its total capital raised standing at $114M. The company recently announced a major strategic investment of $94M, underscoring its continued growth and market traction. This latest financing round follows a Series C round in November 2021, indicating a sustained period of investment and development for the San Francisco-based firm.

What is Trusted?

Trusted
Business ServicesSoftware TestingHuman Resources Management Systems (HRMS)

Founded in 2017, Trusted has established itself as the leading platform for healthcare labor management, focusing on the largest profession within the industry. The company's innovative approach addresses critical workforce challenges, providing a robust solution for healthcare organizations seeking to optimize staffing and operational efficiency. Trusted's technology aims to streamline the complex process of connecting healthcare providers with qualified professionals, thereby enhancing patient care and operational continuity.

How much funding has Trusted raised?

Trusted has raised a total of $114M across 2 funding rounds:

2019

Series A

$20M

2021

Series C

$94M

Series A (2019): $20M with participation from Craft Ventures

Series C (2021): $94M led by Town Hall Ventures, Mercy Health, Founder Collective, Greenspring Associates, Intermountain Ventures, Craft Ventures, Texas Medical Center, Healthbox LLC / Healthbox Accelerator, and Felicis Ventures

Key Investors in Trusted

Craft Ventures

Craft Ventures is a venture firm focused on building great companies, particularly in the B2B technology sector. The firm is comprised of former founders and operators who provide valuable insights and access to senior talent for early-stage companies.

Town Hall Ventures

Town Hall Ventures partners with founders addressing long-standing healthcare challenges for underserved communities, focusing on innovative solutions in areas like school-based mental health and rural healthcare. Founded in 2018, the company leverages deep expertise and strategic relationships to support entrepreneurs in building transformative healthcare businesses.

Mercy Health

Harness Health Partners intentionally developed and tested unique and innovative ways to bring these benefits and services to your employees to maximize their performance. The company's services provide unique access to healthcare when and where your employees need it.

What's next for Trusted?

The substantial enterprise-level backing and recent strategic investment signal a strong trajectory for Trusted. This capital infusion is expected to fuel further expansion of its platform capabilities, enhance its market reach, and potentially drive strategic acquisitions or partnerships. As Trusted continues to scale, its focus will likely remain on deepening its impact within the healthcare workforce sector, leveraging its technology to address evolving industry needs and solidify its position as a critical infrastructure provider for healthcare organizations.

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Frequently Asked Questions Regarding Trusted Financial Insights

What are the most recent funding rounds that Trusted has completed, and what were the funding rounds?
Trusted has recently completed 2 funding rounds: Series C on Nov 18, 2021, Series A on May 6, 2019.
What is the total amount of funding Trusted has raised to date?
Trusted has raised a total of $114M in funding to date.
How many funding rounds has Trusted completed?
Trusted has completed 2 funding rounds.
How much funding did Trusted raise in its most recent funding round?
Trusted raised $94M in its most recent funding round.
Who are the lead investors in Trusted's latest funding round?
The lead investor in Trusted's latest funding round was Town Hall Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Trusted's history?
The largest funding round in Trusted's history was $94M.
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