Nursa Revenue, Valuation, Funding & Investors

Nursa is valued at $521M as of August 2023, a 26.1x multiple on its last reported $20M revenue.

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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

Nursa Overview

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

United StatesSalt Lake City, UT

Website

nursa.com

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

Nursa valuation by funding round
DateStageValuationRevenue Multiple
Aug 2023Series B$521M26.1x

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

Nursa revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Aug 2023$20M$521M26.1xSeries 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

Nursa funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Aug 2023Series BDrive Capital (lead); Kickstart; Pelion Venture Partners$80M$521MNursa 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 2021Series 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 2020Seed-$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

Investors in Nursa by funding rounds participated
InvestorHQRoundsRoleFirst check
KickstartUnited StatesSalt Lake City, UT1ParticipantAug 2023

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Nursa Competitors

Nursa competitors include listed companies like Veradigm and Claritev, and private ones like IntelyCare, GVE, Arine and Rad AI.

Public and private companies comparable to Nursa
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
IntelyCareUnited StatesBoston, MAPrivate--$1.1B-
GVEJapanTokyoPrivate--$521M-
ArineUnited StatesSan Francisco, CAPrivate--$520M-
VeradigmUnited StatesUnited StatesPublicly listed$588M$54M$523M0.9x
Rad AIUnited StatesSan Francisco, CAPrivate--$525M-
ClaritevUnited StatesUnited StatesPublicly listed$965M$466M$538M5.2x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Veradigm$588M$54M0.9x0.9x9.8x6.8x
Al Mawarid Manpower$696M$50M0.7x0.6x9.5x8.7x
Claritev$965M$466M5.4x5.2x11.2x8.5x
Equasens$272M$75M1.9x1.8x7.0x6.7x
Heren Health$65M$11M7.4x-42.4x-
Shang Gong Group$649M$27M1.0x-23.7x-
HRnetGroup$458M$51M0.7x0.7x6.3x6.8x
Guiyang Longmaster$44M$5M10.0x-87.9x-

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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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