Apploi raises worth $25M in order to address the Healthcare Hiring Crunch
- ByStartupStory | March 31, 2022
Hiring crisis being faced by healthcare. According to a recent Morning Consult survey, nearly 20% of medical workers have quit their jobs during the pandemic. Some studies estimated that a year before the spread of COVID-19, a number that has likely risen, the healthcare system’s burnout cost at about $4.6 billion.
In order to address the challenges, organizations have increasingly ramped up benefits and hiring in an effort. Including overly long onboarding and vetting for employees, they have still been faced with roadblocks.
The platform was also pitched by Adam Lewis that he founded eight years ago, Apploi, as the solution. Apploi has since narrowed its focus to healthcare as it looks to stand out in a sea of HR startups, originally aimed at hirers and job seekers across a range of industries.
With an infusion of fresh capital, investors are rewarding the pivot. Apploi today announced that with participation from Defy and Underscore, it raised $25 million in a Series B round led by m]x[v Capital, bringing the company’s total raised to $38 million.
In order to help users submit multiple applications while providing companies with the data that they need to make informed decisions, the company offered mobile-, web- and designed kiosk-based apps. Having invested in a suite of hiring and onboarding tools tailored for healthcare companies, Apploi is decidedly more employer-focused.
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