Recent VC analysis highlights the surge in funding for startups creating tools for in-person frontline workers, particularly in healthcare, construction, and retail—sectors that resiliently weather job market fluctuations. Healthcare emerged as a key area, with notable investments in ShiftMed and Nomad Health, attracting over $315 million and $240 million respectively due to their innovative staffing solutions for nurses.
In construction, Miter’s $23 million Series A funding exemplifies the rising interest in platforms that streamline business operations. Other industries like manufacturing and hospitality are also seeing growth, as seen with Datch and Extracadabra securing funding for their workforce solutions.
With nearly 75% of employed Americans working on-site, the demand for these tools remains robust. As the market evolves, investors are leveraging these trends for promising returns, evidenced by the successful IPO of ServiceTitan, reinforcing the viability of software focused on frontline workforce solutions.
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