A health-tech startup in Leicester has closed a significant investment round marking a “pivotal moment” in its journey to expand.
Care Hires has announced the completion of a £1.7m funding round led by West Hill Capital.
The award-winning platform aims to transform workforce management and agency staffing in the social care sector.
Nizam Bata, Co-Founder and Co-CEO of Care Hires, said the news was incredibly exciting:
“This funding will enable us to further our mission of providing the largest range of fully compliant, high-quality agency staff to care providers across the UK.
“We are committed to delivering exceptional service and support to our clients, and this investment will help us achieve our goals of transforming agency staffing in social care.”
Care Hires, now with over 19,000 workers and partnering with more than 1,000 agencies, has processed over 2 million hours of care and saved care providers over £18,700,000 in 2023.
The platform offers care providers a comprehensive suite of AI-enhanced tools, including real-time analytics, compliance tracking, and workforce optimisation algorithms, to manage their agency workforce efficiently.
Edward Williams, Partner at West Hill Corporate Finance, said:
“We are delighted to lead this funding round for Care Hires. The platform’s innovative approach and dedication to improving the social care sector align perfectly with our investment philosophy.
“We believe Care Hires is poised for significant growth and are excited to support their vision of transforming agency workforce management in social care.”