Network Locum secures £5.3m in a funding round led by BGF Ventures
The funding round was led by BGF Ventures to support sales expansion and product development.
Network Locum provides workplace management software that connects locum doctors with shifts in hospitals and GP practices.
Network Locum has secured £5.3m in a funding round led by BGF Ventures. The company provides a digital platform that matches locum doctors with available shifts across NHS hospitals and GP practices, aiming to reduce reliance on costly recruitment agencies. The new capital will be used to expand the sales team and enhance the mobile application as the business targets major hospital contracts.
From the founder
"When I worked in the NHS I saw how much money was wasted on hiring locums from expensive recruitment agencies. Network Locums’s software can help hospitals and GP practices dramatically cut their spending on recruitment, as well as making sure that the best and most caring doctors are the first to be offered shifts."
Melissa Morris
Chief Executive at Network Locum
Investor perspective
"Network Locum is a dynamic business that is changing the way the NHS fulfils its requirements for locum doctors. The service benefits both doctors and the NHS by offering a streamlined process that removes a lot of the additional costs and bureaucracy currently associated with the traditional agency model. I am delighted that Network Locum has received this additional funding which will support its continued growth and roll out into new areas of the health service."
Rob Hodgkinson
Investment Director, Beringea
Use of funds
- 01Invest in sales and marketing
- 02Continue product development
Investors
Categories
About the company
Network Locum
Workplace management software for matching locum doctors with NHS shifts.