Nolea Health secures £1m in Seed funding led by Frontline Ventures to develop its clinical marketplace
The financing round was led by Frontline Ventures to support team expansion and technology development.
Nolea Health operates a jobs marketplace connecting healthcare providers with clinical talent to address staffing shortages. The platform streamlines recruitment and matches clinicians with flexible healthcare roles.
Nolea Health has secured £1m in Seed funding to support its official public launch following a 12-month period in stealth. The financing round was led by Frontline Ventures, with participation from Calm/Storm Ventures and notable angel investors including Anne Heraty and Mahiben Maruthappu. The capital will be deployed to expand the team and advance the platform machine learning technology.
The company provides a digital talent marketplace designed to alleviate staffing pressures in the mental healthcare sector. By matching clinicians with short-term remote and in-person opportunities, the platform aims to improve recruitment efficiency for healthcare providers.
From the founder
"Our mental healthcare industry is in crisis. The demand for services is growing, while the supply of skilled professionals is dwindling. Our mission at Nolea Health is to create a revolutionary platform that will change how healthcare providers find talent and healthcare professionals find jobs. With our innovative approach, we believe we can make a real difference in this area and successfully address the urgent issue of staff shortages."
Richie Dawes
CEO at Nolea Health
Investor perspective
"Following the outbreak of Covid-19, we’ve seen a huge increase in the use of telemedicine. Whilst this theoretically unlocks a broader range of clinical talent for healthcare centres, the challenge of hiring and managing the right staff remains a significant bottleneck. Nolea solves this by providing a staffing tool that is easy to integrate and scale for any clinic, GP or hospital wishing to utilise telemedicine. Richie’s background in healthcare and his experience in launching marketplaces puts him in prime position to build the perfect solution to this urgent issue."
William McQuillan
Partner, Frontline Ventures
Use of funds
- 01Grow the team
- 02Continue product development
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About the company
Nolea Health
Nolea Health operates a digital jobs marketplace connecting healthcare professionals with clinical roles.