Care Hires Funding News – Care Hires Secures £1.7m funding to advance AI-driven agency staffing
Jun 27, 2024 | By Team SR
Care Hires, the award-winning tech platform transforming workforce management and agency staffing in social care, proudly announces the completion of a £1.7 million funding round led by West Hill Capital. This significant investment marks a pivotal moment in Care Hires' journey to enhance and expand its AI-driven services, solidifying its position as the go-to solution for agency workers placed into UK care providers.
SUMMARY
- Care Hires, the award-winning tech platform transforming workforce management and agency staffing in social care, proudly announces the completion of a £1.7 million funding
- Founded in 2017, Care Hires was born out of the growing frustration experienced by Care Homes, towards the outdated recruitment and temporary staffing processes within the Care industry.
Care Hires, now with over 19,000 workers and partnering with more than 1,000 agencies, has processed over 2 million hours of care and saved care providers over £18,700,000 in 2023. The platform offers care providers a comprehensive suite of AI-enhanced tools, including real-time analytics, compliance tracking, and workforce optimisation algorithms, to manage their agency workforce efficiently. Ashley Haveloch-Jones, Chief Operating Officer at Care Hires, elaborated on the company’s expansion plans: “Our goal is to extend our reach within the social care space, ensuring that providers have access to everything they need to manage their agency workforce in one place. This funding will allow us to enhance our platform, introduce new features, and support even more agencies in delivering top-quality care.
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“With this new round of funding, Care Hires is set to revolutionise adult social care through the application of the latest AI developments in this sector,” said Tharaka De Alwis, CTO of Care Hires. “We believe these AI advancements hold the key to solving critical challenges in the sector, particularly in enhancing the visibility, compliance, and control of contingent workforce spend for care providers. This investment will accelerate our R&D efforts, enabling us to deliver personalised, efficient care experiences and better outcomes for care recipients. We are excited about the future and the positive impact our innovations will have on the lives of countless individuals.”
Nizam Bata, Co-Founder and Co-CEO of Care Hires, expressed his enthusiasm: “We are incredibly excited to have the support of West Hill Capital as we continue to innovate and expand our platform. This funding will enable us to further our mission of providing the largest range of fully compliant, high-quality agency staff to care providers across the UK. We are committed to delivering exceptional service and support to our clients, and this investment will help us achieve our goals of transforming agency staffing in social care.”
As Care Hires continues to expand its offerings and reach, it remains dedicated to supporting care providers with the most reliable and diverse range of agency staff available. With this new funding, Care Hires is set to profoundly impact the social care sector, ensuring providers can deliver exceptional care to those who need it most.
About Care Hires
Founded in 2017, Care Hires was born out of the growing frustration experienced by Care Homes, towards the outdated recruitment and temporary staffing processes within the Care industry. Care groups made up of multiple services that require agency staffing typically have to manage these agency rotas through excel spreadsheets and email confirmations. This process alone causes confusion and costly error leading to overbilling and time waste, just managing these assignments.