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February 15, 2022
Seattle-based Kevala announced that it raised $12.1 million in Series A funding to modernize the healthcare industry through scheduling and compliance software. Cercano Management led the round, with participation from existing investors Costanoa Ventures, High Alpha, and PSL Ventures. Kevala spun out of Pioneer Square Labs in April 2020. Kevala is an intelligent workforce management and engagement platform built to solve the staffing problems in healthcare facilities. Kevala is first addressing the needs of long-term care organizations, including senior living, skilled nursing and rehabilitation and hospice. By building an integrated and intelligent SaaS solution, Kevala is able to maximize employee productivity and engagement, while improving quality of care and the bottom line. Clients are able to curate and float pools of talent within their organizations or opt to fill open shifts from the Kevala Care Network, a fully credentialed pool of per diem and contract healthcare professionals. Kevala has also automated how healthcare facilities track and maintain caregiver credentials. Kevala currently offers solutions to hundreds of organizations across five states, and plans to continue to expand its reach into new states with its software platform and the Kevala Care Network of caregivers this coming year.