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FleetNurse Receives Funding from HCAP Partners to Accelerate Growth

April 14, 2022 – FleetNurse, the leading on-demand healthcare staffing mobile app and platform, today announced that it has secured new funding. The Series A funding round was led by HCAP Partners, a San Diego-based provider of growth capital for lower middle market companies. The company will use the new funds to accelerate growth in new and existing markets and to bring enhanced functionality to its platform.

FleetNurse brings an on-demand economy approach to healthcare staffing, meeting the needs of healthcare professionals and facilities. As more nurses demand a sustainable work-life balance, FleetNurse’s model gives nurses control of their schedules while giving facilities the power to easily manage their staffing needs. Its revolutionary on-demand staffing technology allows facilities to fill shifts within an hour. The ever-growing imbalance between supply and demand for the nursing workforce has fueled the company’s rapid growth, with FleetNurse’s revenue more than tripling in 2021.

“FleetNurse isn’t just your backyard variety recruiting company,” said Israel Angeles, CEO of FleetNurse. “We are using the latest and smartest technology to meet ongoing healthcare workforce needs. FleetNurse uses local nursing resources to fill shifts in a snap. With the support of HCAP, we will accelerate this growth to become the number one workforce partner for hospitals and other healthcare facilities.

“With the pandemic highlighting the need for more innovation in nurse staffing, FleetNurse has become a trusted and go-to partner for on-demand nurse staffing solutions,” commented Nicolas Lopez, Director at HCAP Partners. “The company has created a powerful software solution to match high quality nurses with facilities in the acute and post-acute markets. As the nursing shortage continues to accelerate, we strongly believe that FleetNurse is in an excellent position to help its customers achieve better patient outcomes.

About FleetNurse

FleetNurse was founded in 2019 with a mission to use gig economy technology to efficiently provide on-demand trained and credentialed healthcare professionals to fill open and critical shifts in healthcare facilities. Its solutions improve staffing levels and reduce staffing costs for these facilities while providing nurses and nursing assistants unprecedented flexibility in their working lives. Learn more at https://fleetnurse.com/.

About HCAP

HCAP Partners was founded in 2000 and is a provider of mezzanine debt and private equity to underserved lower middle market businesses in California and the Western United States. The company seeks to invest between $3 million and $25 million in established companies generating between $10 million and $100 million in revenue in the healthcare, software, services, and manufacturing sectors. HCAP Partners has invested in over 50 companies since its inception and, through ongoing and active engagement with portfolio companies, provides value-added resources to help optimize performance and increase business value. The company has been recognized as an ImpactAssets 50 fund nine years in a row and, through its Gainful Jobs Approach™, strives to facilitate a positive impact on underserved businesses, their employees and their communities through active employee engagement. wallet. For more information, visit https://hcap.com/.



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