How Much Did Trusted Raise?
Funding & Key Investors

Trusted, a prominent player in the healthcare technology sector, has successfully secured significant capital to accelerate its mission of modernizing workforce management. The company has reached a major enterprise-level funding milestone, with a total cumulative investment of $114M. This latest injection of capital, characterized as a major strategic investment of $94M, underscores the market's confidence in the firm's ability to solve complex staffing challenges through advanced technological intervention.

The growth trajectory of Trusted has been marked by consistent support from institutional backers who recognize the critical need for digital transformation in clinical environments. By securing this latest round, the company is well-positioned to expand its footprint in the competitive healthcare staffing landscape, leveraging its proprietary software to drive operational efficiency for large-scale medical organizations.

What is Trusted?

Trusted
SoftwareHuman Resources SoftwareBusiness Services

Trusted operates at the intersection of healthcare and artificial intelligence, providing a sophisticated software platform designed to optimize staffing and scheduling workflows. By utilizing AI-driven analytics, the company enables healthcare facilities to make real-time, data-informed decisions regarding workforce utilization. This automation of the staffing lifecycle addresses long-standing inefficiencies in medical resource management, allowing organizations to maintain high standards of care while simultaneously reducing administrative burdens. Trusted's market position is defined by its ability to integrate seamlessly into existing hospital operations, effectively serving as a digital backbone for workforce optimization.

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 Texas Medical Center, Intermountain Ventures, Founder Collective, Healthbox LLC / Healthbox Accelerator, Mercy Health, Felicis Ventures, Town Hall Ventures, Craft Ventures, and Greenspring Associates

Key Investors in Trusted

Texas Medical Center

Texas Medical Center is a premier medical community in Houston that conducts life science research and fosters cross-institutional collaboration to advance healthcare innovation.

Town Hall Ventures

Town Hall Ventures partners with visionary founders to address systemic healthcare challenges, focusing on transformative solutions for underserved communities.

Craft Ventures

Craft Ventures is a B2B-focused venture firm led by former operators who provide strategic insights and scaling expertise to high-growth technology companies.

What's next for Trusted?

With the infusion of this latest capital, Trusted is poised to scale its enterprise-grade solutions to meet the increasing demand for flexible and efficient staffing models. The strategic focus will likely center on enhancing the platform's predictive capabilities and expanding its reach into new healthcare segments that require robust, automated workforce management. As the industry continues to grapple with labor shortages and operational volatility, Trusted's commitment to data-driven staffing positions it as a vital partner for health systems aiming to improve both clinical outcomes and financial performance. The company is expected to prioritize product development and market penetration, solidifying its role as a category-defining entity in the health-tech ecosystem.

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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 Texas Medical Center. 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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