How Much Did clipboard health Raise? Funding & Key Investors

Date August 18, 2025
C

clipboard health

COMPANY INFO

Clipboard Health is a private company founded in 2016 by Wei Deng. It operates as a healthcare talent marketplace that connects nurses and allied health professionals with healthcare facilities to fill open shifts, aiming to provide timely and appropriate medical staffing. The company has approximately 490 employees and is headquartered in San Francisco, California. Clipboard Health's primary industry is Human Capital Services, and its website is https://www.clipboardhealth.com.

How Much Did Clipboard Health Raise? Funding & Rounds and Investors

Clipboard Health is a private company founded in 2016 by Wei Deng, operating within the healthcare staffing industry. Headquartered in San Francisco, California, Clipboard Health serves as a marketplace connecting nurses and allied health professionals with healthcare facilities to fill critical open shifts, enhancing patient care and workforce flexibility. The company, with approximately 490 employees, specializes in Human Capital Services and has expanded its presence with multiple offices across major U.S. cities.

Clipboard Health funding and investment strategy reflect the company's commitment to transforming healthcare staffing through technology-driven solutions. Since its inception, Clipboard Health has completed three major funding rounds, raising a total of $90 million. Key milestones include its entry into Y Combinator, rapid Series B and Series C growth, and reaching a post-money valuation of $1.3 billion. Throughout its funding journey, Clipboard Health investors have supported the company’s efforts to scale operations, accelerate product innovation, and expand nationally, positioning it as a pivotal healthcare talent marketplace.

Funding Rounds

Series C - $30 million - February 2022

The Series C round was raised to support aggressive hiring, product development, and expansion in engineering, sales, and marketing. This infusion of capital also marked Clipboard Health’s recognition as a unicorn with a $1.3 billion post-money valuation.

Series B - $50 million - January 2021

Clipboard Health’s Series B funding was aimed at market expansion and scaling operations. The company focused on broadening its footprint in healthcare facilities nationwide, investing in platform improvements, and increasing user adoption.

Seed - Undisclosed - 2017

The seed round, led by Y Combinator, provided the initial capital to launch Clipboard Health and achieve market entry, allowing the company to refine its business model and connect its first clients.

Key Investors

Sequoia Capital

Sequoia Capital was a lead investor in Clipboard Health's Series C round, offering not just capital but also strategic guidance, network expansion, and growth expertise that propelled Clipboard Health to its unicorn status.

IVP (Institutional Venture Partners)

IVP led the Series B round, supporting Clipboard Health’s national expansion and operational scaling. IVP’s involvement boosted long-term growth and market positioning.

Alexis Ohanian

Alexis Ohanian, a notable tech investor and founder of Reddit, invested in Clipboard Health, bringing visibility, strategic insights, and a significant network in the technology and entrepreneurial arenas.

Liquid 2 Ventures

Co-founded by NFL legend Joe Montana, Liquid 2 Ventures is known for backing early-stage startups. Their investment in Clipboard Health provided early-stage momentum and validation.

Michael Seibel

Michael Seibel, CEO of Y Combinator, participated as an individual investor, leveraging his startup experience and networks to guide Clipboard Health during its foundational years.

Muse Capital

Muse Capital is a venture fund focused on disruptive consumer and healthcare companies. Their investment supported Clipboard Health’s mission to innovate healthcare staffing.

Oyster Ventures

Oyster Ventures, an early-stage venture firm, invested in Clipboard Health and empowered the company with resources and connections critical to its early and ongoing growth.

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