About ShiftMed
ShiftMed is a company based in Mclean (United States) founded in 2017 by Todd Walrath.. ShiftMed has raised $249.25 million across 3 funding rounds from investors including Panoramic Ventures, Blue Heron Capital and Audacious Capital. ShiftMed has completed 1 acquisition, including CareerStaff. ShiftMed offers products and services including Workforce Platform and Nurse App. ShiftMed operates in a competitive market with competitors including Awign, Incredible Health, Nomad Health, Trusted Health and Nursa, among others.
- Headquarter Mclean, United States
- Founders Todd Walrath
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Sectors
HealthcareTechnology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Shiftmed, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$249.25 M (USD)
in 3 rounds
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Latest Funding Round
$4.25 M (USD), Series D
Jul 21, 2025
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Investors
Panoramic Ventures
& 5 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of ShiftMed
ShiftMed offers a comprehensive portfolio of products and services, including Workforce Platform and Nurse App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform to manage healthcare shifts and connect nurses with facilities.
App for nurses to find and work flexible shifts on demand.
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Funding Insights of ShiftMed
ShiftMed has successfully raised a total of $249.25M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $4.25 million completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series D — $4.2M
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First Round
First Round
(27 Oct 2021)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series D - ShiftMed | Valuation |
investors |
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| Feb, 2023 | Amount | Series D - ShiftMed | Valuation | Panoramic Ventures | |
| Oct, 2021 | Amount | Series C - ShiftMed | Valuation | Panoramic Ventures , Healthworx |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ShiftMed
ShiftMed has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Panoramic Ventures, Blue Heron Capital and Audacious Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Private equity firm focused on healthcare and tech-enabled companies
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ShiftMed
ShiftMed has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include CareerStaff. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Healthcare staffing services are provided to medical facilities nationwide.
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1989 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - ShiftMed
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Shiftmed Comparisons
Competitors of ShiftMed
ShiftMed operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Awign, Incredible Health, Nomad Health, Trusted Health and Nursa, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
On-demand internships are offered via a cloud-based platform across industries.
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| domain | founded_year | HQ Location |
Healthcare nurse jobs are matched via an online platform.
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| domain | founded_year | HQ Location |
Online on demand staffing platform for the healthcare sector
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| domain | founded_year | HQ Location |
An on-demand platform for healthcare staffing is operated.
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| domain | founded_year | HQ Location |
A recruitment platform connects traveling nurses with hospital jobs.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Shiftmed
Frequently Asked Questions about ShiftMed
When was ShiftMed founded?
ShiftMed was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is ShiftMed located?
ShiftMed is headquartered in Mclean, United States. It is registered at Mclean, Virginia, United States.
Who is the current CEO of ShiftMed?
Todd Walrath is the current CEO of ShiftMed. They have also founded this company.
Is ShiftMed a funded company?
ShiftMed is a funded company, having raised a total of $249.25M across 3 funding rounds to date. The company's 1st funding round was a Series C of $45M, raised on Oct 27, 2021.
What does ShiftMed do?
Founded in 2017 and based in McLean, United States, ShiftMed operates in the healthcare sector. An on-demand staffing platform is offered through a mobile app that addresses scheduling gaps by utilizing internal staff. Tools are provided for W-2 healthcare workers, enabling facilities to access local, credentialed nurses as required. Solutions are also available for connecting users with multiple staffing agencies.
Who are the top competitors of ShiftMed?
ShiftMed's top competitors include Incredible Health, Awign and Trusted Health.
What products or services does ShiftMed offer?
ShiftMed offers Workforce Platform and Nurse App.
How many acquisitions has ShiftMed made?
ShiftMed has made 1 acquisition, including CareerStaff.
Who are ShiftMed's investors?
ShiftMed has 6 investors. Key investors include Panoramic Ventures, Blue Heron Capital, Audacious Capital, Healthworx, and Motley Fool Ventures.
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