# Hoiwa

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hoiwa

- Industry: Outsourcing
- Headquarters: Espoo, Finland
- Website: www.hoiwa.fi
- Total disclosed funding: $2M
- Latest round: Seed (Aug 3, 2022)
- Investors on record: 2

## About

Based in Espoo, Finland, and founded in 2020 by CEO Fadumo Ali, Hoiwa Oy, a.k.a. Hoiwa is a domestic social and healthcare company that operates as a partner for the public and private sectors across Finland, offering healthcare workforce from a day’s fill-ins to months-long employments. In August 2022, Hoiwa Oy raised EUR 2 million in seed funding from Nordia Management Oy and Trado Capital Oy. As of November 2022, the company employs about 2,500 employees.

The company provides a wide range of services, including healthcare staffing, home care, language services like translation and interpreting services, and medical services. Hoiwa secures your client’s healthcare professional needs from sudden sick leave substitutions to solutions with full responsibility. The firm also offers doctors an opportunity to work full-time or fill short substitutions in the public and private sectors.

In the fiscal year 2021, the company generated a total revenue of EUR 4 million.

Hoiwa plans to use its proceeds from August 2022 to increase the number of Hoiwans by more than 10,000 already this year, to start bringing nurses from abroad to Finland, and to take the first steps in the Central European market.

## Funding rounds

- Seed, Aug 3, 2022, $2M — Nordia Management, Trado Capital

## Investors

- Nordia Management (https://capitalatlas.ai/funds/nordia-management) — Seed
- Trado Capital (https://capitalatlas.ai/funds/trado-capital) — Seed