Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD20212022
Revenues2.8m4.3m
% growth-52 %
EBITDA(3.8m)(8.6m)
% EBITDA margin(135 %)(199 %)
Profit(3.0m)(7.3m)
% profit margin(107 %)(169 %)
  • Edit
DateInvestorsAmountRound
-

N/A

-

£2.0m

Seed
*
N/A

N/A

-

£3.0m

Late VC

N/A

Grant

£3.5m

Late VC
*

£20.0m

Series B
Total FundingAUD58.1m

Recent News about Patchwork Health

Edit
More about Patchwork Healthinfo icon
Edit

Patchwork Health is a pioneering company in the healthcare staffing industry, dedicated to transforming the way temporary staffing is managed. The company operates primarily in the healthcare sector, serving both healthcare workers and organizations. Patchwork Health provides a digital platform that empowers healthcare workers to find flexible work opportunities and enables healthcare organizations to maintain safe and efficient staffing levels.

The business model of Patchwork Health revolves around offering a comprehensive solution that addresses the challenges of temporary staffing. By leveraging technology, the platform connects healthcare workers with available shifts, allowing them to choose work that fits their schedules. For healthcare organizations, the platform provides tools to manage staffing needs effectively, ensuring that they can maintain optimal staffing levels without the stress and inefficiencies associated with traditional temporary staffing methods.

Patchwork Health generates revenue through a subscription-based model and transaction fees. Healthcare organizations pay for access to the platform and its suite of tools, while transaction fees are applied to each shift booked through the platform. This dual revenue stream ensures a steady income while providing value to both healthcare workers and organizations.

The market Patchwork Health operates in is the healthcare staffing industry, which is characterized by a high demand for flexible and temporary staffing solutions. The company's innovative approach addresses the critical need for effective staffing management in healthcare, making it a valuable player in this market.

Keywords: healthcare staffing, flexible work, digital platform, temporary staffing, healthcare workers, staffing solutions, safe staffing levels, healthcare organizations, subscription model, transaction fees.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.