Incredible Health Series-A

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Incredible Health Pitch Deck to Raise $15m Series-A Round

This is the Incredible Health pitch deck to raise a $15m series-a round in 2020.

About Incredible Health

Incredible Health is a digital healthcare platform designed to streamline and enhance the hiring process for nurses across the United States. Launched in 2017, the platform focuses on addressing the critical shortage of healthcare professionals by connecting hospitals and healthcare facilities with qualified nurses faster than traditional hiring methods. By leveraging technology, Incredible Health helps hospitals reduce the average hiring time for nurses from an industry standard of 90 days down to less than 20 days.

The company’s platform functions as a two-sided marketplace where healthcare facilities can actively engage with potential hires, rather than waiting for applicants to come to them. Incredible Health uses advanced algorithms and AI to match candidates based on skills, experience, and preferences, leading to more efficient and better-aligned hiring outcomes. The platform’s impact has resonated widely in healthcare, significantly lowering hiring costs, reducing turnover, and ensuring healthcare providers maintain a stable workforce.

In addition to hiring, Incredible Health offers professional resources for nurses, such as career counseling, continuing education, and advice on work-life balance. This dual focus on recruitment and professional development has helped the company build a reputation as a holistic support system for nurses and healthcare providers alike.

About the founders

Incredible Health was founded by Dr. Iman Abuzeid and Rome Portlock, a pair of visionaries with unique backgrounds that complement the healthcare and tech-driven mission of the company.

Dr. Iman Abuzeid, CEO, is a medical doctor with a deep understanding of the healthcare sector’s complexities and challenges. She grew up in a family of healthcare professionals, which gave her firsthand insight into the critical needs within the field, especially the shortage of skilled nurses. Driven by the desire to impact healthcare at a systems level, Abuzeid transitioned from clinical practice to healthcare management and innovation. Prior to founding Incredible Health, she worked in healthcare consulting and product management roles, which provided her with experience in designing tech-enabled solutions to address industry-wide problems. Abuzeid’s leadership has been instrumental in scaling the company and raising substantial venture capital to drive growth.

Rome Portlock, CTO, is a technology expert with extensive experience in software engineering and product development. He has a background in engineering and has previously worked on building high-impact platforms at tech companies. Portlock’s expertise in creating scalable, user-friendly digital solutions has been crucial to Incredible Health’s platform architecture, ensuring that it meets the demands of both healthcare employers and nursing candidates. His focus on leveraging data science and machine learning has enabled Incredible Health to match healthcare facilities with the most suitable nursing professionals efficiently.

Together, Abuzeid and Portlock have combined their knowledge in healthcare and technology to create a platform that not only addresses the pressing issue of nurse shortages but also improves overall workforce quality in healthcare. Their innovative approach and commitment to the industry’s transformation have positioned Incredible Health as a leader in healthcare hiring solutions.

Funding Rounds

Announced Date  Transaction Name  Number of Investors  Money Raised  Lead Investors 
Sep 12, 2019 Series A – Incredible Health 1 $15M Andreessen Horowitz
Jul 11, 2017 Seed Round – Incredible Health 8 Obvious Ventures
Nov 30, 2016 Pre Seed Round – Incredible Health 1 $2.3M NFX

Pitch Deck Review Summary

Slide by Slide Review

The cover is fine. I love the fact that they use a light blue color for this 1st slide. Same as the nurses’ uniform color I guess. It shows at least they give a shite. Good slide.

Okay. They are giving the investors a summary of their company in this slide, including the Golden Gate Bridge image (they operate in Califonia, so it makes sense I guess). This type of information is valuable for investors.

However, the text size is a little bit smaller for my liking. Why try to stack text on one side of the slide?

They use the other half of the slide for the Golden Gate Bridge. Don’t get me wrong. I love the Golden Gate Bridge image. But they could have made the text much larger and more highlighted.

3rd slide. Nothing big here. At least they are trying to showcase their Vision and Mission to investors.

Good. Now we are getting to the business end of their deck. Here they clearly show the problem in the US Healthcare industry. One million shortage of nurses and the average hiring time is 82 days. Well, that is a bit concerning.

A perfect solution, given that they can figure out a way to run this successfully. They build a platform where candidates can hire nurses. Usually, this works the other way around. But this solution makes healthcare professionals’ lives much easier. Now nurses don’t need to run everywhere to get hired.

6th slide. This slide also is part of the solution. They claim that they can bring down the hiring period to 30 days. That’s 2.5 more faster than the average time. Also, the NPS score is impressive and that kind of data can make a big difference when you are pitching for a series A funding round.

Lazy slide. But I do like what they showing here. Over 150 hospitals in California that they associate with. But why not go one step further and add a small logo for each hospital name? This is not necessary. But it will give the slide some much-needed color. Compared to previous slides of their deck, this is a downgrade.

Why did this slide in at 8th place? It should come before the 150+ hospital….. slide. Investors love this type of information.

Their registered nurses maintain 68% of 1st job offer acceptance percentage. That’s impressive. And I love the idea of showing nurses from 3 races.  What they are saying is they are open to anyone. Good.

Well, I don’t get it. Why ruin a nearly-perfect deck with a useless slide? They talk about the hiring speed on the 6th slide. So why do this again? Maybe this is a promotional slide for the Top Gun movie. LOL.

Adding a social media feedback slide is an excellent idea. But I do have to complain about the text size and visibility again. Hard to read some of the stuff in there. Not impossible, but hard!

Strong finish with standalone feedback. This is why they raised 15M for series A funding with a relatively small pitch deck that has 11 slides.

Final Verdict

Incredible Health pitch deck is short and sweet. With their no-nonsense attitude toward this deck, they found great success. To this date, Incredible Health running strong and serving both healthcare professionals and hospitals in the US.

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