Careloop closes six-figure seed funding round
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The Berlin-based Recruiting/Education Tech startup Careloop recruits nursing staff from abroad, thereby addressing the increasingly acute problem of the nursing shortage in Germany. In addition, it is developing an online academy for foreign nursing professionals that is unprecedented in Germany.
In 2019, Careloop, then still known as Pflegista, joined the Startup Incubator Berlin (SIB). Through the Startup Now Programme, they worked on developing their business model and prototype. Following a successful application, they were admitted to the Berlin Startup Scholarship at the beginning of 2020, enabling them to launch their MVP and carry out their first recruiting processes. After this near-exemplary progression through the SIB’s funding programmes, Careloop was able to continue implementing their plans from the beginning of 2021 – and still has a number of goals for the future.
The two Berlin-based founders Alexander Lundberg and Matti Fischer have now announced the successful completion of the first funding round for their company Careloop, founded in 2019. The investment, led by the Swiss Founders Fund (SFF), marks the beginning of the company’s next growth phase. A total of six prominent investors, including Mediengruppe Klambt, WestTech Ventures, HNC Capital, and angel investors, are participating in the investment round and thus supporting Careloop’s mission to address the nursing shortage in Germany.
Careloop offers a solution from which both sides can benefit sustainably and quickly. Both foreign nursing professionals and German clinics and care facilities create a profile on an online platform. After the nursing professionals have been vetted with regard to their qualifications and language skills, German employers apply to them. The Reversed Recruiting Model works contrary to the standardised process in which applicants apply to companies. This candidate-centred approach by Careloop makes it as easy as possible for nursing professionals to integrate into the German healthcare system. Amid the coronavirus crisis, the startup’s early phase brought initial successes: in 2020, over 1,000 nursing professionals registered in just eight months, with the goal of over 3,000 registrations in 2021. In addition, more than 15 employers were acquired as clients.
Careloop not only helps with the recruitment of nursing staff from abroad, but also with the onboarding of foreign nursing professionals at care facilities. The Careloop Academy enables foreign nursing professionals to make up for any gaps in their nursing training from their home country, regardless of location, and optimally prepares German employers for working with international nursing staff – all online and digitally. Experienced practitioners accompany its development – something that is so far unique in Germany.
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