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	<title>Reach Capital Archives - Slice of Healthcare</title>
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	<title>Reach Capital Archives - Slice of Healthcare</title>
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		<title>Stepful Secures $31.5M in Series B Funding to Expand AI-Powered Healthcare Training</title>
		<link>https://sliceofhealthcare.com/stepful-secures-31-5m-in-series-b-funding-to-expand-ai-powered-healthcare-training/</link>
		
		<dc:creator><![CDATA[Chris-Anne Roque]]></dc:creator>
		<pubDate>Fri, 15 Nov 2024 06:25:49 +0000</pubDate>
				<category><![CDATA[Funding News]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Carl Madi]]></category>
		<category><![CDATA[Intermountain Ventures]]></category>
		<category><![CDATA[Johns Hopkins All Children&#039;s Hospital]]></category>
		<category><![CDATA[Oak HC/FT]]></category>
		<category><![CDATA[Reach Capital]]></category>
		<category><![CDATA[Vig Chandramouli]]></category>
		<category><![CDATA[Y Combinator]]></category>
		<guid isPermaLink="false">https://sliceofhealthcare.com/?p=39013</guid>

					<description><![CDATA[<p>Key Highlights $31.5 million Series B funding led by Oak HC/FT, backed by Y Combinator, Reach Capital, and more.&#8230;</p>
<p>The post <a href="https://sliceofhealthcare.com/stepful-secures-31-5m-in-series-b-funding-to-expand-ai-powered-healthcare-training/">Stepful Secures $31.5M in Series B Funding to Expand AI-Powered Healthcare Training</a> appeared first on <a href="https://sliceofhealthcare.com">Slice of Healthcare</a>.</p>
]]></description>
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									<ul><li><strong>$31.5 million Series B funding</strong> led by Oak HC/FT, backed by Y Combinator, Reach Capital, and more.</li><li><strong>Programs for entry-level and advanced healthcare roles</strong> using AI-driven, cost-effective learning solutions.</li><li><strong>87% certification pass rate,</strong> significantly surpassing national averages.</li><li><strong>B2B growth and health system partnerships</strong> with prominent healthcare providers.</li><li><strong>Meeting critical workforce demands</strong> amidst a projected shortage of 3.2 million healthcare workers by 2026.</li></ul><p><b>Source: </b><a href="https://www.businesswire.com/news/home/20241113248226/en/Stepful-Secures-31.5-Million-Series-B-Led-by-Oak-HCFT-to-Address-U.S.-Healthcare-Worker-Shortage">Business Wire</a></p>								</div>
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									<ul><li>&#8220;The quality and outcomes of Stepful’s program have proven to be superior to current options with higher graduation rates, certification pass rates, and job placement rates, all at a lower cost. We’re proud to partner with Stepful as they scale their impact.&#8221; — <strong>Vig Chandramouli, Partner at Oak HC/FT</strong></li><li>“This funding supports our mission to make healthcare training more accessible while addressing the U.S. shortage of healthcare workers.&#8221; — <strong>Carl Madi, CEO at Stepful</strong></li></ul>								</div>
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									<div class="S3Krl"><div class="ZKRKU"><div class="GOJZx"><div class="agPPc U4hHe hWX7X"><p>Stepful’s recent Series B funding reflects investor confidence in scalable, technology-driven solutions for the healthcare sector, particularly as the industry braces for a critical workforce shortage. By leveraging AI to streamline learning, Stepful has distinguished itself with high pass rates, cost-effective education, and impressive job placement metrics, setting it apart from traditional trade schools. Stepful’s B2B focus, partnerships with major health systems, and AI-driven learning model are poised to help alleviate significant labor shortages. This funding will further Stepful&#8217;s reach, bolstering the talent pipeline for healthcare systems at a time when the sector urgently needs workforce innovation.</p></div></div></div></div>								</div>
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