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Patchwork - About the company

Patchwork is a series B company based in London (United Kingdom), founded in 2016 by Anas Nader and Jing Ouyang. It operates as an Online platform offering healthcare staffing solutions. Patchwork has raised $33.1M in funding from investors like Praetura Ventures, BMJ and Harvard Business School, with a current valuation of £*****. The company has 64 active competitors, including 21 funded and 6 that have exited. Its top competitors include companies like Hublo, Nomad Health and ShiftMed.

Company Details

Online platform offering healthcare staffing solutions. The platform enables recruitment, patient safety by managing the shifts, and send staff for on-demand recruitment. It also manages staff payments.
Social
X
Email ID
*****@patchwork.health
Phone Number
+44 **********
Key Metrics
Founded Year
2016
Location
Stage
Series B
Total Funding
$33.1M in 5 rounds
Latest Funding Round
Post Money Valuation
£***** as on Feb 01, 2023
Ranked
Annual Revenue
£1M - £10M as on Dec 31, 2022
Employee Count
114 as on May 31, 2026
Investment & Acquisitions
Similar Companies
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Patchwork's funding and investors

Patchwork has raised a total funding of $33.1M over 5 rounds. Its first funding round was on 2018. Its latest funding round was a Series B round on Aug 10, 2022 for $*****. 5 investors participated in its latest round. Patchwork has 8 institutional investors and 31 angel investors.

Here is the list of recent funding rounds of Patchwork:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 10, 2022
1662667
Series B
3238003
1701102
5308008
1417612
Jul 28, 2021
5945823
Series A
5055927
1354502
4904222
5321791
Jan 29, 2020
4367585
Series A
3992891
4615638
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Patchwork's founders and board of directors

Founder? Claim Profile
The founders of Patchwork are Anas Nader and Jing Ouyang.
Here are the details of Patchwork's key team members:

Patchwork's Board of Directors

Patchwork's board has 5 active members. Anas Nader and Jing Ouyang are part of team and David Murray, David Christopher Foreman and Anca Delia Babor are independent board members.
Here is the list of Patchwork's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
9y 8m
Team
-
Current
9y 8m
Independent board member
-
Current
9y 3m
ptyxa{o
Independent board member
-
Current
8y 1m
zwaakyx
Independent board member
-
Current
8y 1m

Patchwork's employee count trend

Patchwork has 114 employees as of May 26. Here is Patchwork's employee count trend over the years:
Employee count trend for Patchwork
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Patchwork's Competitors and alternates

Top competitors of Patchwork include Hublo, Nomad Health and ShiftMed. Here is the list of Top 10 competitors of Patchwork, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Hublo
Hublo
2013, Montreuil (France), Series C
Workforce management and staffing platform designed for healthcare and social care institutions
$97.9M
72/100
2nd
Logo for Nomad Health
Nomad Health
2015, New York City (United States), Series D
Online on demand staffing platform for the healthcare sector
$241M
70/100
3rd
Logo for ShiftMed
ShiftMed
2017, Mclean (United States), Series D
Provider of an on demand staffing platform for the healthcare sector
$250M
67/100
4th
Logo for CareRev
CareRev
2015, Los Angeles (United States), Acquired
Digital software for nurses shifts management
$71.4M
63/100
5th
Logo for Roo
Roo
2018, San Francisco (United States), Seed
Online platform that connects the veterinary professionals with hospitals
$2.9M
63/100
6th
Logo for Patchwork
Patchwork
2016, London (United Kingdom), Series B
Online platform offering healthcare staffing solutions
$33.1M
49/100
7th
Logo for Lantum
Lantum
2012, London (United Kingdom), Series C
Online network connecting Practices with nurses and General Practitioners
$28.2M
48/100
8th
Logo for Locum's Nest
Locum's Nest
2015, London (United Kingdom), Acquired
Application for temporary jobs for healthcare professionals
$6.19M
47/100
9th
Logo for LocumTenens.com
LocumTenens.com
2009, Alpharetta (United States), Unfunded
Job board and recruitment agency for healthcare sector
-
-
46/100
10th
Logo for Credentially
Credentially
2016, London (United Kingdom), Series B
Provider of automated healthcare onboarding, compliance, and credentialing platform solutions
$8.14M
46/100
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Patchwork's Investments and acquisitions

Patchwork has acquired L2P. Patchwork has not made any investments as of now.

Reports related to Patchwork

Here is the latest report on Patchwork's sector:

News related to Patchwork

Patchwork Health raises GBP3.5mPrivate Equity WireJul 28, 2021Patchwork, Praetura Ventures, BMJ
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