# Prolucent Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/prolucent-health

- Industry: Healthcare IT
- Headquarters: Dallas, US
- Website: www.prolucent.com
- Total disclosed funding: $18M
- Latest round: Series A (Oct 16, 2024)
- Investors on record: 5

## About

Prolucent Health, Inc., based in the US, offers customized workforce management solutions for the healthcare sector, focusing on staffing optimization and enhancing the candidate experience.Founded in 2019 and headquartered in Dallas, US, Prolucent Health specializes in providing workforce management solutions for healthcare organizations. The company has raised a total of USD 4.00 mn in Series A funding, with its most recent deal completed on October 16, 2024, from investors A1 Health Ventures and Northwell Holdings. CEO Bruce Springer leads the company, which has been involved in three notable deals to date.Prolucent Health specializes in workforce management solutions tailored for the healthcare sector, focusing on optimizing staffing and enhancing the candidate experience. Their flagship product, LiquidCompass, is a comprehensive platform that integrates various aspects of workforce management, including core staffing, flexible labor utilization, and contingent workforce strategies. The platform helps healthcare organizations streamline their hiring processes, fill vacancies more rapidly, and modernize the candidate experience through advanced recruitment tools. Prolucent's services cater to numerous clients, including local, regional, and national health systems across the United States, addressing staffing shortages and labor cost management challenges.Prolucent Health's revenue model is primarily structured around subscription-based services for its LiquidCompass platform and related products such as Vendor Management System (VMS+) and Market Console for data analytics. Healthcare organizations enter contractual agreements to utilize these platforms, providing them with real-time workforce intelligence and management capabilities. Clients pay for access to these services, which may include tiered pricing plans based on the size of the healthcare organization and the specific functionalities required, facilitating long-term partnerships.Prolucent Health plans to use the USD 4.00 mn raised in Series A funding to advance the development of its product. The company is focused on expanding its offerings and aims to explore new markets, particularly in regions where healthcare staffing challenges are acute. There are no specific product launches or geographic expansions currently mentioned, but the funding will support ongoing product development to enhance their workforce management solutions.

## Funding rounds

- Series A, Oct 16, 2024, $4M — Northwell Holdings, A1 Health Ventures
- Series A, Dec 13, 2021, $9.6M — Health Velocity Capital, Springtide Ventures, UnityPoint Health Ventures
- Series A, Jun 23, 2021, $4.4M — Springtide Ventures

## Investors

- Springtide Ventures — Series A
- Health Velocity Capital (https://capitalatlas.ai/funds/health-velocity-capital) — Series A
- UnityPoint Health Ventures (https://capitalatlas.ai/funds/unitypoint-health-ventures) — Series A
- Northwell Holdings (https://capitalatlas.ai/funds/northwell-holdings) — Series A
- A1 Health Ventures (https://capitalatlas.ai/funds/a1-health-ventures) — Series A