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Apploi secures USD 25 Mn in Series B funding round led by m]x[v Capital

Author : Pankaj Singh | Published Date : 2022-04-01 

Apploi, a platform that assists firms in hiring healthcare staff has reportedly raised USD 25 million in a Series B round spearheaded by m]x[v Capital. The latest round also saw added participation from Defy and Underscore, now bringing the company’s total amount raised to USD 38 million.

Back in 2015, the company provided mobile, online, and kiosk-based apps that allowed individuals to submit numerous job applications while providing businesses with data that is needed to make informed decisions.

Apploi is more employer-focused, having invested in a suite of healthcare-specific hiring and onboarding tools since 2018. The firm now specializes in helping with the monitoring, gathering, and updating of employee credentials, as well as providing reminders to keep nurses’ and caregivers’ licenses valid.

Built-in messaging features and interview scheduling supposedly simplify the hiring process, while digital employee records integration helps recruiters to reconnect with former applicants.

According to Adam Lewis, the CEO & Founder of Apploi, the fresh funds will be used to boost sales and marketing functions across the country, as well as to build new healthcare-specific features throughout the company’s portfolio of products to ensure a personalized and high-quality end to end experience. Lewis also mentioned that Apploi’s products are loved by customers, which is demonstrated by its 99.6% monthly retention rate.

For those unaware, the company provides an end-to-end software-as-a-service platform to assist healthcare organizations in onboarding, recruiting, credentialing, and managing high-volume recruits, such as nurses and nursing assistants.

Also, before issuing an offer, Apploi can start screenings and assist candidates through stages such as background checks, license verification, as well as other administrative duties. Apploi, which employs over 100 employees and has 6,000 users, claims that its sales have increased by 130% in 2021.

Source Credit:

https://techcrunch.com/2022/03/30/apploi-raises-25m-to-address-the-healthcare-hiring-crunch/


Author : Pankaj Singh
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