Healthcare’s $97bn staffing problem just won an AI training startup a $55M round
America’s hospitals are spending around $97bn a year renting staff they cannot train fast enough. Stepful thinks AI can fix the supply side, and investors have just handed it $55mn to try.
The New York startup has raised a Series C led by healthcare-and-fintech investor Oak HC/FT, with new backers Foresite Capital, Hearst Ventures, and the Citi Impact Fund joining existing investors including Y Combinator and the hospital group Intermountain Health.
Stepful runs what it calls “school-as-a-service”: it trains healthcare workers for hospitals directly, replacing the enrolment caps and manual workflows of legacy trade schools with an online, AI-assisted pipeline.
The pitch has found buyers. Stepful says it has graduated more than 32,000 “practice-ready” workers since it was founded and now counts more than 35 health systems as clients, among them Mount Sinai, Ochsner, and Providence.
It was named the top US edtech company by TIME and Statista last year....
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