Medwing Receives €44 Million Investment

Medwing develops digital HR management tools for healthcare companies. Medwing received €44 million in an investment round. The investment round will help the company grow and develop new products. In total, Medwing has received investments worth approximately €72 million since 2017.

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Medwing

Berlin-based Medwing provides digital HR management tools to healthcare companies. The company has completed a €44 million Series C investment round with renewed commitments from investors including Quadrille Capital, Cathay Innovation, Northzone, Cherry Ventures and Atlantic Labs.

Medwing says it will use the new investment to build a stronger position in markets such as the UK and Germany. By continuing to add new features and services, the company plans to reach profitability by the end of this year with the help of new working capital. Berlin-based Medwing develops digital tools that help hospitals and other medical care facilities to improve the quality and happiness of the healthcare workforce. It also contributes to recruitment and HR processes.

These tools help healthcare organizations manage their workforce more efficiently and effectively. As a result, patients benefit from healthcare services in a better way. The company offers a platform that includes a pool of potential hires, a candidate matching system and a tool for scheduling interviews to make the recruitment process more efficient for healthcare companies. In addition, the company offers career counseling for healthcare professionals. The platform can also be used to schedule individual shifts, facilitating workforce management for companies in the healthcare sector.

Founded in 2017, this healthcare HR startup now has more than half a million healthcare professionals and more than 5,500 hospitals and nursing homes in its database. More than 15,000 new candidates are registered every month. The platform plays an important role in workforce management in the healthcare sector. It also provides healthcare workers with better career opportunities.