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CBH Quick Facts

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Our Mission

Clipboard Health exists to lift as many people up the socioeconomic ladder as possible; we want people to do better, to have more control over their careers, and to be able to build schedules that work for themselves and their families.

Everything we do is in pursuit of this goal. When we decide how to spend our time, it’s by looking to see what will help the most healthcare professionals in ways that more profoundly impact their lives for the better.

Hypergrowth

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Clipboard Health is growing fast. When we say fast, we don’t just mean a healthy rate; we’ve experienced 25x growth over an 18-month period. We went from seed stage to a Series C Unicorn valuation in under five years. We mean “growing fast” in a way much closer to how you might describe an explosion.

The reason we were able to do this is clear: our product makes a real difference in people’s lives. It’s needed, it’s beneficial, and It makes the world a little better every day for healthcare professionals, healthcare facilities, and the patients they serve.

Wei Deng, CEO

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Wei Deng, is the founder and CEO of Clipboard Health, a series C Sequoia-backed start-up valued at $1.3B. Before founding Clipboard Health, started her career as a lawyer where she worked at one of the nation's most prestigious law firms, Davis Polk & Wardwell. She then worked as an Investment Banking Associate at Moelis & Company before she became the second non-engineering role hire (Product Manager and Business Operations) at Sendwave, a remittance startup for the African diaspora, and was responsible for opening the UK and European corridor which was later on acquired for $500M. From Yale College & Yale Law School.

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Did you know that Clipboard Health was originally a financial business investing in human capital using something called “income share agreements”? Wei quickly learned that unemployed or underemployed people did not want financial help, they wanted jobs. With some trial and error, the financial business became a healthcare talent marketplace.

Listen to Wei as she talks about why she started Clipboard Health with podcaster George Quraishi from Artifact

Bo Lu is currently the COO of Clipboard Health. Prior to Clipboard Health, Bo co-founded and served as the CEO of FutureAdvisor, an industry leader in digital wealth management.

Bo participated in the prestigious Y Combinator incubator program in spring 2010, and after graduation successfully raised multiple rounds of funding and grew the company to millions of dollars in AUM only months after launch. In 2015, BlackRock acquired FutureAdvisor for $150M, and Bo ran it as a business unit within BlackRock Solutions (BRS) for an additional four years.

After BlackRock, Bo served as a Y Combinator Partner advising various startups before joining Clipboard Health as COO.

Bo earned a degree in Computer Science from the University of Illinois Urbana-Champaign with a minor in Technology and Management, graduating with the Highest Honors.

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Did you know that we have our own “internal MBA”? Managing at Scale is how we are building a management culture that can keep pace with our incredible growth without sacrificing our seed-stage speed. This program was created directly by Bo!

Bo Lu, President

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Company Org Structure

Wei Deng,
Wei Deng, CEO
Bo Lu,
Bo Lu, President
Alicyn Cooley,
Alicyn Cooley, Head of Legal & Risk
Robinson O’Brien Bours,
Robinson O’Brien Bours, Head of Customer Operations
George Markoulakis,
George Markoulakis, Head of Product
Ryan Hollander,
Ryan Hollander, Head of Sales

Hannah Kim,
Hannah Kim, Head of Recruiting
Wyatt Amaral,
Wyatt Amaral, Head of Strategy & Operations

Jesse Ferrigno,
Jesse Ferrigno, Head of People Ops
Zack Ganieany,
Zack Ganieany, Chief of Staff of Finance

Company Timeline

January 2017

Pre-Seed Round

Investors
YCombinator
YCombinator

March 2017

Seed Round

Investors
Initialized Capital
Initialized Capital

September 2019

Series A Round

Investors
Caffeinated Capital
Caffeinated Capital
Spark Capital
Spark Capital
Emmett Shear
Emmett Shear
Elad Gil
Elad Gil

March 2021

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We publicly announce our $50 million Series B round led by IVP.

February 2022

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Led by Sequoia Capital, Our $30m Series C Round brings our total valuation to $1.3B.

A total of $80 million was raised over two rounds of funding: a $30 million Series C round, which closed in February 2022, and a $50 million Series B round, which closed last year. The latest round was led by Sequoia Capital and Series B was led by IVP.

Our Investors

Our investors include Sequoia, IVP, Caffeinated Capital; Initialized Capital; Michael Seibel, managing director of Y Combinator’s early-stage program; Y Combinator itself; Tony Xu, co-founder of DoorDash; Emmett Shear, CEO of Twitch; SciFi VC; MasterClass CEO David Rogier; and angel investors Gokul Rajaram and Elad Gil.

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 David Rogier
David Rogier
Emmett Shear
Emmett Shear
Tony Xu
Tony Xu
Elad Gil
Elad Gil
Michael Seibel
Michael Seibel
Gokul Rajaram
Gokul Rajaram

Ycombinator Top 100 Company

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Clipboard Health has been named a Ycombinator Top 100 company 2 years in a row now! We’re honored to be featured here and look forward to continuing our mission of helping nurses and the medical industry at large.

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Growth and Diversity

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Clipboard Health grew 95x in headcount in just 4 years!

Employee Count Over Time

2018

10+

2019

40+

2020

270+

2021

350+

2022 YTD

650+

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As a remote-first company, we are able to hire across the world and diversify our talent pipeline. Because we have always been able to pick from the best the world has to offer, we’re able to work with talented people with diverse backgrounds and unique experiences. Productivity isn’t the only way we benefit — we also learn from each other as we share what makes our various cultures and national origins great. Clipboard Health employees are working remotely on 6 out of 7 continents, and are able to travel and work from anywhere in the world they’d like. We all work from where we want and when we want!