ConnectRN Inc.

ConnectRN Inc. is a platform that connects healthcare facilities with nurses looking for flexible shift opportunities, enhancing staffing solutions while giving nurses control over their work schedules. Founded in 2014 and headquartered in Waltham, Massachusetts, ConnectRN Inc. specializes in connecting healthcare facilities with nursing professionals.

In 2023, the company raised USD 750,000 in VENTURE DEBT from HBM Partners, bringing the total amount raised to USD 75. 03 mn across 9 deals. The company has consistently focused on addressing the staffing shortages in healthcare by providing a seamless connection between nurses and available shifts. ConnectRN is a pioneering platform designed to connect healthcare facilities with nurses seeking flexible shift opportunities.

The core offering is its per diem app, allowing nurses to select shifts that suit their schedules and preferences, with immediate payment for services rendered. This innovative application addresses staffing shortages faced by healthcare facilities and the desire of nurses for better work-life balance. It enhances operational efficiency by streamlining the process of connecting nurses with available shifts across various care settings, primarily serving the U. S.

market in states like Massachusetts, Tennessee, Maryland, Ohio, and Nevada. ConnectRN's revenue model is based on facilitating shift work for nurses and healthcare providers without hidden fees. Revenue is generated through transactions between nurses and healthcare facilities, with the app serving as a conduit for these interactions. Nurses can choose shifts from a variety of options posted by partner facilities, ensuring they retain the full earnings from completed shifts.

The company emphasizes transparency and empowerment through its no-fee structure, a key feature of its service. Following its recent funding round in May 2023, ConnectRN Inc. plans to utilize the raised USD 750,000 in VENTURE DEBT to enhance product development and expand its service offerings. The company aims to introduce new features within its app to improve user experience and increase functionality.

Additionally, ConnectRN is considering expansion into new markets, particularly other states across the U. S. with high demand for nursing staff, although specific regions have not been disclosed at this time.