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CareRev

CareRev IPO

$17.41MM
Series C Valuation, Jul 2025
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CareRev IPO date and status

2015
Founded
Jan 2026
MA Closed

Company details

CareRev was founded in 2015 by Sofia Pessanha and Will Patterson. The company has not publicly endorsed plans to participate in an IPO.

CareRev is a healthcare labor marketplace that connects hospitals with healthcare professionals. Hospitals can use the platform to post available shifts, allowing vetted workers to move more freely throughout the system, helping to mitigate staffing gaps. CareRev also offers solutions for the onboarding process. The company has raised more than $50 million in venture capital funding from investors including Transformation Capital, Industry Ventures, Zach Coelius, Michael Siebel, and Gaingels. CareRev has not publicly disclosed valuation statistics.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Subsector
Founded
2015
Headquarters
Sacramento, CA, United States
Founders
Derrek Long, Sofia Pessanha, William Patterson Jr.
Forge Price 1
Price not available
Market Activity 2
Limited
Last Matched Price
Post-Money Valuation 3
$17.41MM
Total Funding
$93.99MM
Last Funding Round
Series C

Learn more about CareRev

To invest in CareRev pre-IPO

Can you invest in CareRev pre-IPO?

You can no longer invest in CareRev with Forge. But if you are an accredited investor interested in buying pre-IPO shares of a private company, you can learn more about how to invest in the private market or register today to get started.

Can you sell shares of CareRev before it goes public?

You can no longer sell shares of CareRev on Forge as this company is no longer private. However, if you own shares of a private company, Forge may be able to help you sell them in a way that works for you and the company. Learn more or register with us today to get started.

What is the pre-IPO value of my CareRev shares?

Forge can no longer determine the value of CareRev shares as this company is no longer private. However, if you own shares of a private company, Forge may help you value and sell them in a way that works for you and the company. Learn more or register with us today to get started.

Is CareRev a publicly traded company?

CareRev became a public company following its M&A on 01/08/2026 and is now a publicly traded company.

To learn more about CareRev potential IPO

Will CareRev go IPO?

CareRev became a public company following its M&A on 01/08/2026.

What is CareRev’s IPO price?

The IPO price of CareRev is not currently available.

When was CareRev founded?

CareRev was founded in 2015.

What is CareRev funding to date?

CareRev has raised $93.99MM to date.

CareRev major investors

Catapult Vc
Fundersclub
Fundrx
Growth Technology Partners
Hone Capital
Industry Ventures
Mbx Capital
Natural Bridge Ventures
Transformation Capital
Y Combinator

CareRev pre-IPO valuation and funding rounds

Funding history chart
Funding round and deals details
Funding Date Round Amount Raised Price per Share Post-Money Valuation 3 Key Investors
07/08/2025 Series C $5.25MM $0.13 $17.41MM Undisclosed Investors
Price per Share
$ xx.xx
Shares Outstanding
39,182,849
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
03/25/2022 Series B $50MM $19.65 $598.91MM High Sage, Mbx Capital, Shawspring, Transformation Capital, Tribe Capital
Price per Share
$ xx.xx
Shares Outstanding
2,544,102
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
High Sage, Mbx Capital, Shawspring, Transformation Capital, Tribe Capital
04/26/2021 Series A-5 $22MM $4.72 $148.76MM Gaingels, Industry Ventures, Michael Siebel, Transformation Capital, Zach Coelius
Price per Share
$ xx.xx
Shares Outstanding
4,664,970
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gaingels, Industry Ventures, Michael Siebel, Transformation Capital, Zach Coelius
04/26/2021 Series A $10.1MM $2.38 $148.76MM Gaingels, Industry Ventures, Michael Siebel, Transformation Capital, Zach Coelius
Price per Share
$ xx.xx
Shares Outstanding
4,244,053
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gaingels, Industry Ventures, Michael Siebel, Transformation Capital, Zach Coelius
04/26/2021 Series A-4 $1.55MM $1.63 $148.76MM Gaingels, Industry Ventures, Michael Siebel, Transformation Capital, Zach Coelius
Price per Share
$ xx.xx
Shares Outstanding
949,520
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gaingels, Industry Ventures, Michael Siebel, Transformation Capital, Zach Coelius
04/26/2021 Series A-3 $3.7MM $1.31 $148.76MM Gaingels, Industry Ventures, Michael Siebel, Transformation Capital, Zach Coelius
Price per Share
$ xx.xx
Shares Outstanding
2,830,276
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gaingels, Industry Ventures, Michael Siebel, Transformation Capital, Zach Coelius
04/26/2021 Series A-2 $214,998.69 $1.05 $148.76MM Gaingels, Industry Ventures, Michael Siebel, Transformation Capital, Zach Coelius
Price per Share
$ xx.xx
Shares Outstanding
205,701
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gaingels, Industry Ventures, Michael Siebel, Transformation Capital, Zach Coelius
04/26/2021 Series A-1 $1.17MM $0.87 $148.76MM Gaingels, Industry Ventures, Michael Siebel, Transformation Capital, Zach Coelius
Price per Share
$ xx.xx
Shares Outstanding
1,342,139
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Gaingels, Industry Ventures, Michael Siebel, Transformation Capital, Zach Coelius

CareRev IPO news and media highlights

IntelyCare Acquires CareRev to Create Comprehensive ...

IntelyCare, a leading technology-enabled healthcare staffing platform, today announced the acquisition of CareRev, the on-demand workforce platform ...

Bergen New Bridge Medical Center Partners with CareRev to Bring Support & Flexibility to New Jersey Healthcare Workers

Bergen New Bridge Medical Center, New Jersey's largest hospital and a clinical affiliate of Rutgers, announced a partnership with CareRev, a technology platform that connects hospitals and health systems with local nurses and other healthcare professionals.

CareRev Appoints Chief Operating Officer Filiz Genca to Drive Daily Business Operations, Product Development and User Experience Transformations

CareRev, a marketplace platform that empowers healthcare professionals to take control of their careers, has appointed Filiz Genca as its Chief Operating Officer (COO).
Browse More Insights

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See which private companies are preparing for the public market. Register to get full access to the latest secondary market pricing data.

Sector: Consumer & Lifestyle
Subsector: E-commerce
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SheinSheinNot available$ xx.xxNot available------
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Mammoth BrandsMammoth BrandsNot available$ xx.xxSeries F$2.36B$18.26$146.08MM
SeatGeekSeatGeekNot available$ xx.xxSeries E$1.24B$5.35$238MM
SKIMSSKIMSNot available$ xx.xxSenior$5B$403.16$225MM
MeeshoMeeshoNot available$ xx.xxSeries E-1$3.9B$56.00$227MM
OyoOyoNot available$ xx.xxNot available------
MBXMBXNot available$ xx.xxSeries X$205.32MM$1.00$6.5MM
ZazzleZazzleNot available$ xx.xxNot available------

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Track trading activity and investor momentum across thousands of private companies. Register to view last matched prices and additional transactional details.

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Artificial Intelligence (AI)

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OpenAI OpenAI $723.12 +$0.12 (0.02%)High $xxx.xx
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Perplexity Perplexity $69.54 +$6.59 (10.47%)High $xxx.xx

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Updated on: Jan 27, 2026

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