# connectRN
connectRN (ConnectRN, Inc.) is a technology-enabled healthcare workforce platform founded in 2014 and headquartered in [Waltham, Massachusetts](https://www.edgepedia.org/waltham-massachusetts), which connects nurses and health aides with flexible, last-minute per-diem (day-by-day, as-needed temporary work shifts) shifts at healthcare facilities.[1](https://www.sec.gov/Archives/edgar/data/1674479/0001674479-17-000001.txt) • [2](https://www.bostonglobe.com/2021/12/21/business/can-this-app-help-solve-covid-burnout/) The company sold roughly $15.7 million across its recorded equity offerings, with the company stating total raised of over $100 million, before merging with SnapCare on April 29, 2026.[3](https://www.sec.gov/Archives/edgar/data/1674479/0001674479-21-000001.txt) • [1](https://www.sec.gov/Archives/edgar/data/1674479/0001674479-17-000001.txt) • [4](https://www.morningstar.com/news/pr-newswire/20260429cl46467/snapcare-and-connectrn-join-forces-to-provide-growth-forward-workforce-solutions-powering-better-care) • [5](https://www.businesswire.com/news/home/20211208005341/en/connectRN-Closes-%2476M-Financing-to-Support-Accelerating-Growth-of-Healthcare-Workforce-Platform)
| Fact | Detail |
|---|---|
| Legal name | ConnectRN, Inc. (Delaware corporation, CIK 0001674479)[3](https://www.sec.gov/Archives/edgar/data/1674479/0001674479-21-000001.txt) |
| Founded | 2014[1](https://www.sec.gov/Archives/edgar/data/1674479/0001674479-17-000001.txt) • [2](https://www.bostonglobe.com/2021/12/21/business/can-this-app-help-solve-covid-burnout/) |
| Headquarters | 203 Crescent Street, Suite 403, Waltham, Massachusetts[3](https://www.sec.gov/Archives/edgar/data/1674479/0001674479-21-000001.txt) |
| What it does | Per-diem staffing app connecting nurses and aides with shifts at post-acute facilities and some hospitals[2](https://www.bostonglobe.com/2021/12/21/business/can-this-app-help-solve-covid-burnout/) |
| Total raised | About $15.7 million sold across the two Form D filings; "over $100M" total raised per the company's December 2021 announcement, including a $76M financing[3](https://www.sec.gov/Archives/edgar/data/1674479/0001674479-21-000001.txt) • [5](https://www.businesswire.com/news/home/20211208005341/en/connectRN-Closes-%2476M-Financing-to-Support-Accelerating-Growth-of-Healthcare-Workforce-Platform) |
| Peak traction (Dec 2021, company-reported) | ~75,000 clinicians, ~1,000 facilities, 240% YoY revenue growth, ~$100M estimated 2021 revenue[2](https://www.bostonglobe.com/2021/12/21/business/can-this-app-help-solve-covid-burnout/) |
| Status (2026) | Merged with SnapCare on April 29, 2026[4](https://www.morningstar.com/news/pr-newswire/20260429cl46467/snapcare-and-connectrn-join-forces-to-provide-growth-forward-workforce-solutions-powering-better-care) |
## History and founding
ConnectRN, Inc. was incorporated in Delaware in 2014; its first Form D filing lists an Auburndale, Massachusetts address before the company settled in Waltham.[1](https://www.sec.gov/Archives/edgar/data/1674479/0001674479-17-000001.txt) According to [The Boston Globe](https://www.edgepedia.org/the-boston-globe), it began as a tool for nurses and aides to find extra shifts within their own facilities and pivoted in 2017 to allow healthcare workers to sign up for shifts at other locations.[2](https://www.bostonglobe.com/2021/12/21/business/can-this-app-help-solve-covid-burnout/)
The 2017 Form D, signed by Idriz Limaj as President, names Agron Ademi, Idriz Limaj, Michael Wood, Geoffrey Harris, and John Pappajohn as directors and officers.[1](https://www.sec.gov/Archives/edgar/data/1674479/0001674479-17-000001.txt) By April 2021, Ted Jeanloz was Chief Executive Officer and signed that year's filing; its directors included Geoffrey Harris, John Pappajohn, Michael Jasulavic, and Idriz Limaj.[3](https://www.sec.gov/Archives/edgar/data/1674479/0001674479-21-000001.txt) The filings document officers and directors, but no kept source independently identifies the company's founders as distinct from those figures.
## Products and technology
connectRN operates a per-diem app through which nurses and health aides find last-minute shifts. As of December 2021, around 75,000 nurses and aides were on the platform, working shifts at roughly 1,000 post-acute facilities and some hospitals.[2](https://www.bostonglobe.com/2021/12/21/business/can-this-app-help-solve-covid-burnout/) The company describes the app as built by nurses for nurses.[6](https://www.connectrn.com/about-us)
After the April 2026 merger, the combined SnapCare and connectRN offering combines connectRN's PRN (as-needed) staffing solutions with SnapCare's workforce technology, serving acute care, post-acute, home health, and school-based care settings.[6](https://www.connectrn.com/about-us) • [4](https://www.morningstar.com/news/pr-newswire/20260429cl46467/snapcare-and-connectrn-join-forces-to-provide-growth-forward-workforce-solutions-powering-better-care)
## Funding by the numbers
SEC Form D filings record the following equity sales:[1](https://www.sec.gov/Archives/edgar/data/1674479/0001674479-17-000001.txt) • [3](https://www.sec.gov/Archives/edgar/data/1674479/0001674479-21-000001.txt)
- **May 2017**: $2,525,000 sold to 14 investors (first sale May 3, 2017).
- **April 2021**: $13,143,672 sold to 19 investors (first sale April 6, 2021), out of a total offering amount of $13,362,161.
Separately, on **December 8, 2021**, the company announced a $76 million financing co-led by Suvretta Capital Management and Avidity Partners, with HBM Healthcare Investments, Infinitum Asset Management, Adage Capital Management, Cormorant Asset Management, Park West Asset Management, and home-health company Amedisys participating, which the company said brought total raised to over $100 million; this round is documented only by the company's announcement, not by a Form D filing.[5](https://www.businesswire.com/news/home/20211208005341/en/connectRN-Closes-%2476M-Financing-to-Support-Accelerating-Growth-of-Healthcare-Workforce-Platform)
The total amount sold across the two Form D filings is approximately $15.7 million; adding the press-reported $76 million round brings the combined figure to roughly $92 million, though no single source states that total. Directory sources list additional debt and convertible-note financings, but those figures come from weak profile pages and are not corroborated by primary records, so they are not treated as verified here.
## Business model and traction
connectRN charges healthcare facilities roughly 10 to 15 percent of the nurse's pay rate for those shifts. For example, a nurse hired at $45 to $50 per hour costs the facility around $60 per hour.[2](https://www.bostonglobe.com/2021/12/21/business/can-this-app-help-solve-covid-burnout/)
In December 2021 the company reported 240 percent year-over-year revenue growth and estimated roughly $100 million in 2021 revenue, and planned to grow its own workforce from more than 100 employees to about 300 within a year.[2](https://www.bostonglobe.com/2021/12/21/business/can-this-app-help-solve-covid-burnout/) These figures trace to company statements reported by the Globe and repeated in the company's financing announcement, where CEO Ted Jeanloz described the business as "poised to deliver 240% organic revenue growth year-over-year in 2021"; no independent verification of the network or revenue figures has been found.[5](https://www.businesswire.com/news/home/20211208005341/en/connectRN-Closes-%2476M-Financing-to-Support-Accelerating-Growth-of-Healthcare-Workforce-Platform) • [2](https://www.bostonglobe.com/2021/12/21/business/can-this-app-help-solve-covid-burnout/)
## What changed after 2021: restructuring and the 2026 merger
According to a Built In profile, connectRN carried out a 20 percent workforce reduction in July 2023 under a directive framed as "sustainable growth post-COVID," and an investor disclosure stated the business had not achieved profitability in a highly competitive market, accompanied by a material write-down of the investment. The same profile describes a 2023 to 2025 shift from hypergrowth to restructuring, disciplined hiring, and tighter budgets. This source is a templated company profile page, so those details should be treated as weakly sourced.[7](https://builtin.com/company/connectrn/faq/stability-growth)
On April 29, 2026, SnapCare and connectRN announced they had merged, forming a combined company with a network the companies said exceeded 500,000 clinicians. The combined entity also announced a Series A funding round led by Suvretta Capital, with participation from HBM Healthcare Investments, Infinitum Asset Management, and [Data Point Capital](https://www.edgepedia.org/data-point-capital); Rob Cartwright is CFO of the combined organization.[4](https://www.morningstar.com/news/pr-newswire/20260429cl46467/snapcare-and-connectrn-join-forces-to-provide-growth-forward-workforce-solutions-powering-better-care) The merger ended connectRN's run as an independent company, and Suvretta Capital, its 2021 co-lead investor, led the new entity's round.
## References
1. [SEC Form D — ConnectRN, Inc. (filed 2017-05-18)](https://www.sec.gov/Archives/edgar/data/1674479/0001674479-17-000001.txt)
2. [Can this app help solve COVID burnout? — The Boston Globe](https://www.bostonglobe.com/2021/12/21/business/can-this-app-help-solve-covid-burnout/)
3. [SEC Form D — ConnectRN, Inc. (filed 2021-04-21)](https://www.sec.gov/Archives/edgar/data/1674479/0001674479-21-000001.txt)
4. [SnapCare and connectRN Join Forces — PR Newswire via Morningstar](https://www.morningstar.com/news/pr-newswire/20260429cl46467/snapcare-and-connectrn-join-forces-to-provide-growth-forward-workforce-solutions-powering-better-care)
5. [connectRN Closes $76M Financing — Business Wire](https://www.businesswire.com/news/home/20211208005341/en/connectRN-Closes-%2476M-Financing-to-Support-Accelerating-Growth-of-Healthcare-Workforce-Platform)
6. [connectRN — About Us](https://www.connectrn.com/about-us)
7. [connectRN Company Growth, Stability & Outlook — Built In](https://builtin.com/company/connectrn/faq/stability-growth)
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*Topic: Encyclopedia › Society and history › Economics and business › Business and work › Business and work overview › Companies and corporations › Venture-backed startups and growth companies › Health, biotech, and medtech startups › Digital health and health IT companies › Health IT and services software*
*Initially written Sep 17, 2026 · Edited: Oct 11, 2026; Oct 15, 2026; Oct 25, 2026*
*Copyright 2026 EdgeChat AI, a subsidiary of Biostate AI.*
License: Edgepedia Community License 1.0, https://www.edgepedia.org/edgepedia/license