Credentially secures £1m from Pembroke VCT to scale its healthcare hiring platform in the UK.
Pembroke VCT has backed healthcare recruitment software provider Credentially with a £1m investment.
Credentially provides software that automates healthcare hiring, onboarding, and compliance processes. The platform helps streamline registration for healthcare providers.
Credentially has secured £1m in a seed funding round led by Pembroke VCT. The capital will be directed towards scaling the company's product in the UK, developing its sales and marketing functions, and expanding its technology team. Credentially previously assisted the NHS during the pandemic by accelerating the verification of healthcare professionals.
The company was established in 2016 by a former A&E doctor and a software engineer to address administrative bottlenecks in medical recruitment. With this new backing, the firm aims to build out its operational capacity and drive digital adoption across health services.
From the founder
"Credentially was launched with the mission to save millions of hours across healthcare by automating processes for workers and providers. Our partnership with Pembroke VCT will facilitate expansion in the UK and will be crucial in allowing us to deliver on this mission."
Kit Latham
Co-Founder and CEO at Credentially
Investor perspective
"Credentially’s strong management team and scalable technology are both key characteristics of the type of business we look for. Credentially has helped improve healthcare efficiency and we are excited about the growth prospects and opportunities that lie ahead that will help drive digital change within the healthcare system."
Andrew Wolfson
CEO, Pembroke VCT
Use of funds
- 01Continue product development
- 02Invest in sales and marketing
- 03Grow the team
Investors
Categories
About the company
Credentially
Automated recruitment and compliance software for the healthcare sector.