Care Hires Secures £1.7M in Funding to Advance AI-Driven Agency Staffing in the Social Care Sector
London, UK – Monday 24th June 2024 – Care Hires, the award-winning tech platform transforming agency workforce management 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.
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.”
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.”
“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.”
Edward Williams, Partner at West Hill Corporate Finance, commented: “We are delighted to lead this funding round for Care Hires. The platform’s innovative approach and dedication to improving the social care sector align perfectly with our investment philosophy. We believe Care Hires is poised for significant growth and are excited to support their vision of transforming agency workforce management in social care.”
Care Hires is committed to supporting care providers and agencies by providing a platform that offers real-time access to fully vetted, high-quality staff. Through the Care Hires platform, care providers can manage their agency workforce efficiently, ensuring compliance and operational excellence. The platform’s AI-driven capabilities enable care providers to monitor and control workforce spend, enhance visibility, and deliver top-quality care to those in need.
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: Care Hires empowers social care providers with a range of streamlined workforce management solutions. Designed to connect care providers with trusted agencies, the platform optimises operations for both providers and agencies resulting in increased efficiency, cost savings, and a fully-compliant workforce.
