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ShiftMed

On-demand W-2 nursing workforce marketplace
Healthcare 📍 McLean, Virginia Founded 2019
Current Valuation
Private
as of 2023
PRIVATE
ShiftMed is a W-2 healthcare workforce management marketplace that connects nurses, aides, and other credentialed healthcare workers with local hospitals, skilled nursing facilities, and home health agencies. Founded by Todd Walrath in 2019 and headquartered in McLean, Virginia, the company closed a $200M growth round in February 2023 and acquired CareerStaff Unlimited MSP from Genesis HealthCare in April 2024 with a seven-year exclusive staffing arrangement across 1,400 Genesis locations.

Company Profile

CEO
Todd Walrath
Founded
2019
HQ
McLean, Virginia
Employees
~500
Total Raised
$245M
Growth
$200M growth round 2023; CareerStaff acquisition 2024
Last Round
Growth — $200M (Feb 2023) · Lead: Panoramic Ventures
IPO Status
Private

Founders & Key People

Todd Walrath

Investors

Panoramic Ventures · Audacious Capital · BlueIO · BTIG Sage Capital · ARK Investment Management

Products

  • ShiftMed mobile app for nurses and aides
  • W-2 healthcare workforce marketplace
  • CareerStaff Unlimited MSP (acquired 2024)
  • Hospital and SNF staffing platform

Competitors

Nomad Health · IntelyCare · CareRev · Trusted Health · Clipboard Health
Healthcare staffingGig marketplacesNursingWorkforce managementW-2 employmentHospital staffing
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2023. Refreshed quarterly.