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- Nursa
Nursa Revenue, Valuation, Funding & Investors
Nursa is valued at $521M as of August 2023, a 26.1x multiple on its last reported $20M revenue.
Last Nursa valuation
$521M
Series B · Aug 2023
Last Nursa funding round
$80M
Series B · Aug 2023
Nursa revenue
$20M
Series B · Aug 2023
Key investors in Nursa
Kickstart
Pelion Venture Partners
Drive Capital
About Nursa
Nursa is a per diem staffing marketplace connecting U.S. healthcare facilities with nurses and nursing assistants for shift coverage. Facilities in states including California and Texas post openings that clinicians claim via the app, enabling direct scheduling and credential verification.
Founded
2019
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Commission, Subscription
Revenue
$20M (Aug 2023)
Valuation
$521M (Aug 2023)
Nursa Valuation
Nursa is currently valued at $521M, based on its Series B in August 2023.
The $80M round was led by Drive Capital, with participation from Kickstart and Pelion Venture Partners.
Nursa valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Aug 2023 | Series B | $521M | 26.1x |
Nursa Revenue
Nursa's latest recorded revenue is $20M, as of its Series B in August 2023. At a $521M valuation, that implies a 26.1x revenue multiple.
Nursa revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Aug 2023 | $20M | $521M | 26.1x | Series B |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Nursa Funding History
Nursa has raised a total of $103M across 3 funding rounds.
Nursa's first fundraising round was a $1M seed round in August 2020. The most recent completed round was a $80M Series B in August 2023.
Nursa funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Aug 2023 | Series B | Drive Capital (lead); Kickstart; Pelion Venture Partners | $80M | $521M | Nursa is a Salt Lake City-based healthcare staffing platform founded in 2019 that connects qualified nurses with local facilities for per diem (PRN) shifts, addressing nursing shortages by enabling facilities to fill open shifts efficiently without traditional contracts or bulk staffing limitations. The platform operates nationwide across 35 states, partnering with over 1,300 facilities and attracting more than 95,000 nurse users and a network of over 200,000 nursing professionals. Nursa has grown to nearly 300 team members across its Salt Lake City headquarters and remote roles, positioning it as a locally driven national solution. Nursa completed an $80 million Series B funding round on August 22, 2023, led by Drive Capital with participation from existing investors Pelion Venture Partners and Kickstart Fund/Accelerator, bringing total funding to $100 million at the time. The funding supports Nursa's expansion, including diversification of its executive leadership team to tackle ongoing financial pressures and nursing shortages in healthcare, as federal incentives diminish. Post-money valuation for the round was $520.61 million, with a price per share of $18.40. Drive Capital's General Partner Molly Bonakdarpour highlighted Nursa's advantages over traditional recruiting firms, which are constrained by networks, contracts, and inability to staff true per diem shifts, leading to higher costs for providers. Investors recognize its technology-enabled approach to optimize resource utilization for hospitals, long-term care facilities, and community organizations. |
| Nov 2021 | Series A | - | $22M | - | Nursa is a per diem nursing recruiting platform based in Salt Lake City, Utah, that connects qualified nurses to local clinics for PRN shifts across 35 states with a network of over 200,000 nursing professionals. Nursa addresses limitations in traditional recruiting by enabling flexible per diem staffing without contracts, reducing costs for providers amid nurse shortages. The company completed an $80 million Series B funding round on August 22, 2023, led by Drive Capital with participation from Pelion Venture Partners and Kickstart Fund, bringing total funding to $100 million including prior rounds and an additional $20 million raised subsequently. Investors highlight its ability to match specialized nurses beyond existing networks. |
| Aug 2020 | Seed | - | $1M | - | - |
Who has invested in Nursa?
3 investors have backed Nursa across its funding rounds, including Kickstart, Pelion Venture Partners and Drive Capital.
Lead investors include Drive Capital.
Nursa Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Participant | Aug 2023 | ||
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Start Free TrialNursa Competitors
Nursa competitors include listed companies like Veradigm and Claritev, and private ones like IntelyCare, GVE, Arine and Rad AI.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.1B | - | ||
| Private | - | - | $521M | - | ||
| Private | - | - | $520M | - | ||
| Publicly listed | $588M | $54M | $523M | 0.9x | ||
| Private | - | - | $525M | - | ||
| Publicly listed | $965M | $466M | $538M | 5.2x |
Nursa Public Comps
Nursa is still privately-owned, but its public comps include Veradigm, Al Mawarid Manpower, Claritev, Equasens, Heren Health, Shang Gong Group, HRnetGroup, Guiyang Longmaster, GPI Group and SThree.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $588M | $54M | 0.9x | 0.9x | 9.8x | 6.8x | |||
| $696M | $50M | 0.7x | 0.6x | 9.5x | 8.7x | |||
| $965M | $466M | 5.4x | 5.2x | 11.2x | 8.5x | |||
| $272M | $75M | 1.9x | 1.8x | 7.0x | 6.7x | |||
| $65M | $11M | 7.4x | - | 42.4x | - | |||
| $649M | $27M | 1.0x | - | 23.7x | - | |||
| $458M | $51M | 0.7x | 0.7x | 6.3x | 6.8x | |||
| $44M | $5M | 10.0x | - | 87.9x | - | |||
This data is available for Pro users. Sign up to see all Nursa competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Nursa
| When was Nursa founded? | Nursa was founded in 2019. |
| Where is Nursa headquartered? | Nursa is headquartered in Salt Lake City, UT, United States. |
| Is Nursa publicly listed? | No, Nursa is a private, VC-backed company. |
| What is Nursa's valuation? | Nursa was last valued at $521M in its Series B in August 2023. |
| How much funding has Nursa raised? | Nursa has raised $103M across 3 funding rounds. |
| What was Nursa's last funding round? | Nursa's last funding round was a $80M Series B in August 2023, led by Drive Capital. |
| Who are Nursa's investors? | Nursa's investors include Kickstart, Pelion Venture Partners and Drive Capital. |
| What is Nursa's revenue? | Nursa's latest recorded revenue is $20M (August 2023). |
| What is Nursa's revenue multiple? | Nursa's latest valuation implies a 26.1x revenue multiple ($521M valuation on $20M of revenue). |
| Which companies are comparable to Nursa? | Companies comparable to Nursa include IntelyCare, GVE, Arine, Veradigm, Rad AI and Claritev. |
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