What You Should Know:
– connectRN raises $76M to support the acceleration of its healthcare workforce platform and address clinician burnout.
– connectRN is a tech-enabled platform connecting nurses and aides with opportunities to improve their work-life.
connectRN, a Waltham, MA-based tech-enabled platform built to improve clinicians’ lives through access to community, opportunity, and support, announced it has completed a $76M financing round co-led by Suvretta Capital Management and Avidity Partners. Other participants in in the funding include HBM Healthcare Investments, Infinitum Asset Management, Adage Capital Management, Cormorant Asset Management and Park West Asset Management. Amedisys, a leader in home healthcare and hospice care, also participated in this financing and will collaborate with connectRN in these new healthcare settings.
Addresses Clinician Shortage & Burnout
Nurses and aides have long felt overworked and underappreciated, and this feeling reached a tipping point during the past year in which 55% of healthcare workers reported burnout. The pandemic has shed light on the insufficient physical and mental health resources available to nurses. This lack of support and heightened stress have resulted in a historic volume of nurses and aides considering leaving the profession altogether. The current environment for healthcare workers threatens to exacerbate the critical shortage of nurses and aides that exists today.
Founded in 2014, connectRN is a tech-enabled platform connecting nurses and aides with opportunities to improve their work life. The platform offers career development resources, flexible shift offerings, and the opportunity to participate in a supportive community of peer professionals. By using technology to bring nurses together, we empower healthcare workers to take control of their careers and their futures. connectRN was conceived by a nurse to empower clinicians at every experience level.
“Nursing is the backbone of the healthcare system, and nurses and aides deserve a responsive community that empowers them to access supportive resources, provides greater flexibility to pursue new work opportunities and allows more control over their careers. We built the connectRN platform to be this solution, a digital community to connect nurses and aides with work opportunities whenever, wherever and however they choose,” said Maddie Thoms, COO of connectRN. “To date, the connectRN platform has been widely adopted by clinicians and healthcare facilities.”