Lantum plans to use the funds to drive US expansion. Here are the top-line bullets you need to know.
Lantum, a healthcare staffing platform, has raised $15M in a Series A that drew participation from Cedars-Sinai Medical Center, Finch Capital, and Piton Capital, among others.
HOW’S THE COMPANY PERFORMING?
- UK-based Lantum helps healthcare organizations find and hire employees.
- The company has onboarded 14K new clinicians over the past year.
- Twenty NHS integrated care systems use the company’s platform.
- Lantum’s staff has doubled in the past year.
Source: Lantum
WHY DOES THE MARKET MATTER?
- The global digital health market is expected to reach a value of $767.7B by 2030, growing at a CAGR of 17.9%, according to Allied Market Research.
- Digital health startups pulled in a record-breaking $57.2B in funding in 2021, up 79% from 2020 totals. Funding in all geographies hit record levels in 2021, fueled by the growing need to provide digital solutions and delivery models to patients during the pandemic.
- The pandemic has placed incredible pressure on healthcare systems across the globe, which has driven up the demand for digital health solutions that address increasing costs, administrative burdens, physician burnout, and staff shortages.
