Locate a Locum raises £1m investment to grow and scale
by Startacus Admin
The lowdown on the investment secured by the Belfast based healthcare startup
The Belfast based tech startup, Locate a Locum, which helps locum healthcare professionals find flexible work opportunities, has just announced that it has secured £1m in equity funding. The money raised will be used to grow and scale the business. At present, the business uses its on-demand technology platform to match thousands of pharmacists around the UK with over 8,000 workplaces in need of staff. In as little as a minute, users can book a shift in their desired place of work.We first featured Locate a Locus in 2017 and now with current clients including the UK’s four largest pharmacy chains - Boots, Well, Rowlands and Lloyds - and having already launched and sold a bespoke workforce management platform to Superdrug that is used in over 230 branches, the business is already showing significant success.
Having now raised £1m in equity investment from Techstart Ventures, private investors and Co-Fund NI, a European Regional Development Fund managed by Clarendon Fund Managers, the next phase of its development, which includes the creation of six new jobs is set to begin.
Speaking on the investment, Jonathon Clarke, Chief Executive of Locate a Locum, said: “We are excited to receive this backing from our investors as it will help us scale the business and continue to grow. Locate a Locum has a close-knit team of 20 today, but we expect to triple in size in the next three years as we extend our reach and expand into new markets. We currently have six live roles for talented people to come and join Locate a Locum. It is a vibrant, diverse team and we want to bring in innovative people who will buy into our culture and share our values.”
With more than 1000 pharmacists actively booking shifts through the platform on a weekly basis, Locate a Locum plans to replicate its approach in other healthcare sectors. Jonathon explained: “More and more people want flexibility in their working lives and we intend to diversify to serve other healthcare professions in the future.”
Great news all round then - the investment, the creation of jobs and of course the flexibility that Locate a Locum is on a mission to provide within the healthcare sector! Congrats team!
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
.png)
WeWALK, RNIB, and ICL consortium secures UKRI funding to improve mobility for visually impaired and elderly.
The impact of standards, ethics and conduct on business success and profits - Work.Life has some interesting insights...
.png)
The lowdown on Space32 - the startup that wants to help hybrid-working businesses find the working space and solution that's right for them.
.png)
Global Tech for Good initiative seeks innovative startups and scaleups that are creating positive social impact and enhancing people's lives through tech.
The lowdown on Bidnamic, the startup that's combining advance machine learning with human expertise to help retailers to maximise revenue and profitability from Google Shopping.
Innovative Czech fintech startup 4Trans raises investment to expand first of its type AI driven factoring services across Europe.
Edinburgh-based life science company Cytomos secures funding to support further development of its innovative cell analysis tech.
Ethical Equity and Streets Consulting join forces to deliver Founder Workshop to help close the inequality gap in startup to scaleup funding.
Fancy being featured in this year’s SmallBiz100, which showcases the best of Britain’s vibrant small business community? There's just a couple of days left to do just that!
Screenloop secures major investment to support further development of its AI-driven recruitment platform that helps companies build the best teams and removes unconscious bias.
Published on: 27th November 2019
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Assistive technology innovators and partners awarded £1.7m project funding 1st Jul 2022 WeWALK, RNIB, and ICL consortium secures UKRI funding to improve mobility for visually impaired and elderly.
- How the pandemic affected each industry 27th Jun 2022 New research from School of Marketing reveals the impact that Covid-19 has had on key business sectors in the UK.
- The Finalists of DBACE 2022 are revealed 21st Jun 2022 The lowdown on the innovative young visionaries that are in the running for this year's Deutsche Bank Awards for Creative Entrepreneurs.
- OKAPI: Orbits raises €5.5m for Breakthrough Space Traffic Management Software 13th Jun 2022 Innovative German SaaS startup OKAPI:Orbits secures investment to support its mission of securing efficient and safe operations in space.
