Float Health, a San Francisco, CA-based marketplace moving care that doesn’t need a hospital to the home, raised $10m in Series A funding.
The round was led by Canvas Ventures, whose General Partner Mike Ghaffary has joined Float’s board, with participation from Wave Capital, Y Combinator, Burst Capital, and Also Capital, as well as Max Mullen, Co-founder of Instacart, Andrew Bartynski, Vice President of Strategy and Operations at ASRI, Brian Pokorny, former General Partner of SV Angel, Jed Nachman, COO of Yelp, and Brian Osborn, former VP of Marketing at Yelp.
The company intends to use the funds to expand operations and its development efforts.
Founded in 2021 by former ER nurse Ryan Johnson, CEO and Christy Johnson, COO, Float is a marketplace providing services from scheduling, to vetting, to ensuring timely charting and invoicing for insurance that enables specialty treatment for patients at their home. The company has built a network of thousands of nurses across California and Arizona to deliver care to patients suffering from chronic illness. Customers include some of the largest names in specialty medicine including Optum, CVS, Option Care, Alliance RX (Walgreens), Kroger, Kabafusion, Soleo Health, NuFactor, Care Fusion, and CA Specialty Pharmacy, and more.
