When was Patchwork founded?

Patchwork was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Where is Patchwork located?

Patchwork is headquartered in London, United Kingdom.

Which legal entities is Patchwork associated with?

Patchwork is associated with LOCUMTAP LTD.

How many employees does Patchwork have?

As of Mar 31, 2026, the latest employee count at Patchwork is 117.

Is Patchwork a funded company?

Patchwork is a funded company, having raised a total of $33.1M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on 2018.

How much is Patchwork worth?

The latest valuation of Patchwork is £***** as of Feb 01, 2023.

When was the latest funding round of Patchwork?

Patchwork's latest funding was a $***** Series B round on Aug 10, 2022, with participation from 5 investors.

What is the annual revenue of Patchwork?

Annual revenue of Patchwork is £3.26M as on Dec 31, 2022.

Where does Patchwork rank among its competitors?

Patchwork ranks 6th amongst 64 active competitors, of which 21 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Hublo, which secured $47.3M in Feb, 2026.

Who are the top competitors of Patchwork?

Patchwork's top competitors include Nomad Health, ShiftMed and Hublo. Among them, Hublo secured the most recent funding round in February, 2026.

Patchwork - 2026 Company Profile, Team, Funding, Competitors & Financials

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 Nomad Health, ShiftMed and Hublo.

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.

Website: patchwork.health
Social
Email ID: *****@patchwork.health
Phone Number: +44 **********

Key Metrics

Founded Year

2016

Location

London, United Kingdom

Stage

Series B

Total Funding

$33.1M in 5 rounds

Latest Funding Round

Series B, Aug 10, 2022, $*****

Post Money Valuation

£***** as on Feb 01, 2023

Investors

Praetura Ventures & 38 more

Ranked

6^th among 64 active competitors

Annual Revenue

£3.26M as on Dec 31, 2022

Employee Count

117 as on Mar 31, 2026

Investment & Acquisitions

L2P

Similar Companies

Nomad Health & 83 more

View Patchwork's full profile

Patchwork is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LOCUMTAP LTD CIN: 10359095 , United Kingdom, Active	Sep 04, 2016	$4.03M (As on Dec 31, 2022)	67 (As on Jan 31, 2021)

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:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 10, 2022	2613667	Series B	3001150	6777415	8959572	6464387
Jul 28, 2021	3988804	Series A	8532584	7303095	4769265	2677196
Jan 29, 2020	5984001	Series A	3507430	6614025	Praetura Ventures	BMJ

Access funding benchmarks and valuations. Sign up today!

View details of Patchwork's funding rounds and investors

The founders of Patchwork are Anas Nader and Jing Ouyang.

Here are the details of Patchwork's key team members:

Anas Nader: Co-Founder & CEO of Patchwork. They serve on the board of 1 company.
Contact Info: 1 email address
Jing Ouyang: Co-Founder & COO of Patchwork. They serve on the board of 1 company.
Contact Info: 1 email address

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
Anas Nader	Team	-	Current	9y 7m
Jing Ouyang	Team	-	Current	9y 7m
David Murray	Independent board member	-	Current	9y 1m
mqltyem	Independent board member	-	Current	3y 5m
yhbbiuo	Independent board member	-	Current	2y 6m

View details of Patchwork's Founder profiles and Board Members

Patchwork's employee count trend

Patchwork has 117 employees as of Mar 26. Here is Patchwork's employee count trend over the years:

Uncover Patchwork's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Patchwork include Nomad Health, ShiftMed and Hublo. 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	Nomad Health 2015, New York City (United States), Series D	Online on demand staffing platform for the healthcare sector	$241M	Adams Street Partners, Icon Ventures & 15 others	69/100
2nd	ShiftMed 2017, Mclean (United States), Series D	Provider of an on demand staffing platform for the healthcare sector	$250M	Panoramic Ventures, Healthworx & 5 others	68/100
3rd	Hublo 2013, Montreuil (France), Series C	Platform for hospitals to manage staff recruitments and replacements	$74.6M	Acton Capital, Y Combinator & 4 others	68/100
4th	Roo 2018, San Francisco (United States), Seed	Online platform that connects the veterinary professionals with hospitals	$2.9M	Stonewater Ventures, Mentors Fund	63/100
5th	CareRev 2015, Los Angeles (United States), Acquired	Digital software for nurses shifts management	$71.4M	Transformation Capital, Y Combinator & 14 others	63/100
6th	Patchwork 2016, London (United Kingdom), Series B	Online platform offering healthcare staffing solutions	$33.1M	Praetura Ventures, Perwyn & 37 others	49/100
7th	Lantum 2012, London (United Kingdom), Series C	Online network connecting Practices with nurses and General Practitioners	$28.2M	BGF, Cedars-Sinai Accelerator & 10 others	52/100
8th	Locum's Nest 2015, London (United Kingdom), Acquired	Application for temporary jobs for healthcare professionals	$6.19M	AlbionVC, Albion Capital Group & 15 others	50/100
9th	Credentially 2016, London (United Kingdom), Series B	Provider of automated healthcare onboarding, compliance, and credentialing platform solutions	$8.14M	Pembroke VCT, Triple Point & 4 others	50/100
10th	LocumTenens.com 2009, Alpharetta (United States), Unfunded	Job board and recruitment agency for healthcare sector	-	-	46/100