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.
Hiring platform Tempo reveal interesting findings of their recent survey into the impact of interpersonal skills on small businesses
.jpeg)
Security issues have the potential to cause great harm and detriment to your business. Here's some ways to Keep Your business property safe!
Thinking of moving office? It can be a daunting prospect for any company, so here's some questions to hopefully help...
.jpeg)
It's not all about work! Here are a few fun team building activities that you and your startup team can enjoy...
Digital supply chain startup SupplyCompass launches full-service platform to empower fashion brands to design and deliver better products
Aimee Louise Carton, a female entrepreneur working in the wellness space shares her thoughts on entrepreneurship and mental health.
Rasim Shah, Director at OKRA Technologies outlines the key trends that will drive the use of AI for commercial life sciences
In a trio of Derry and Strabane Enterprise related news, Google Digital Garage, Raise and RealTime join the LINEUP 2020 Agenda, the one-day event happening on the 5th March.
Wollit is a FinTech startup that is on a mission to give everyone access to financial wellbeing...
Based on what's known at this stage, here are a few tips on how to keep your business viable post-Brexit
Published on: 27th November 2019
.png)
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Research reveals that one-third of British SMEs lost clients due to poor people skills 26th Feb 2020 Hiring platform Tempo reveal interesting findings of their recent survey into the impact of interpersonal skills on small businesses
- Google Digital Garage, Raise and RealTime join the LINEUP 2020 Agenda 20th Feb 2020 In a trio of Derry and Strabane Enterprise related news, Google Digital Garage, Raise and RealTime join the LINEUP 2020 Agenda, the one-day event happening on the 5th March.
- Newable acquires boutique flexible office start-up Bold 3rd Feb 2020 Exciting news for London-based space-as-a-service start-up, Bold with its acquisition by Newable
- Women in tech pitch competition to find all-Ireland startup champion 3rd Feb 2020 LINEUP 2020, taking place on 5th March in Derry, has opened up applications for 'The 20', its women in tech startup pitch competition.
