Laudio

Healthcare workforce management platform using AI

Boston, Massachusetts, United States

About Laudio

Laudio focuses on healthcare workforce management, providing a platform that helps frontline leaders in healthcare organizations, such as hospitals, streamline essential workflows. The platform uses artificial intelligence and automation to offer insights and standardize best practices, enabling leaders to make informed decisions efficiently. Laudio's tools are designed to enhance employee engagement and improve patient care by facilitating recognition and appreciation of staff, which is vital for maintaining employee satisfaction and loyalty. Unlike many competitors, Laudio's platform has shown measurable results, such as a 20% reduction in nurse turnover and significant cost savings for healthcare organizations. The company operates on a subscription-based model, offering its services as Software-as-a-Service (SaaS). Laudio's goal is to transform healthcare workforce management by supporting leaders, improving employee retention, and ultimately enhancing patient care.

Boston, MassachusettsHeadquarters
2018Year Founded
$21.4MTotal Funding
SERIES_BCompany Stage
Enterprise Software, AI & Machine Learning, HealthcareIndustries
51-200Employees

Benefits

Remote Work Options

Risks

Increased competition from AI-driven workforce management platforms threatens Laudio's market share.
Rapid AI advancements may strain Laudio's resources to keep the platform updated.
Economic downturns could reduce healthcare spending on workforce management solutions.

Differentiation

Laudio integrates AI and automation to enhance healthcare workforce management.
The platform reduces nurse turnover by 20%, saving millions for healthcare organizations.
Laudio offers a comprehensive SaaS solution for frontline leaders in healthcare.

Upsides

Laudio's platform adoption is growing, as seen with UC Health and Northwell Health.
Recognition by Modern Healthcare highlights Laudio's innovative impact on health systems.
Laudio Insights provides data-driven decision-making tools for healthcare leaders.

Funding

Total raised$21.40 M
Latest valuation$65.00 M
StageSERIES_B