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Reading: Virtual Medical Training Startup Stepful Raises $7.5M in Seed Round
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Home > News > Virtual Medical Training Startup Stepful Raises $7.5M in Seed Round
News

Virtual Medical Training Startup Stepful Raises $7.5M in Seed Round

Shalini Pathak Published Jun 5, 2023
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Virtual Medical Training Startup Stepful Raises $75M in Seed Round
Virtual Medical Training Startup Stepful Raises $7.5M in Seed Round
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Stepful, a New York-based training platform for healthcare workers, has recently announced that it has raised $7.5 million in a seed round. With the new fundraising, the startup plans to expand nationally and introduce new training programs to meet the growing demand for healthcare workers.

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Launched in 2020, Stepful aims to empower communities with accessible pathways to healthcare careers, regardless of background or circumstance. It leverages proprietary content to deliver cost-effective and time-efficient training. The platform’s healthcare staffing programs are designed to fill vacancies quickly and reduce hiring costs. It also offers medical career advancement training. It specializes in training and placing healthcare professionals in various healthcare roles, including Medical Assistants, Coders & Billers, Pharma Techs, EKGs, and Phlebotomists.

The company’s mobile-first approach involves short videos, group projects, simulations, and community learning modules. Stepful has also begun partnering with health systems to help them fill critical roles and offers them “employability scores” on each candidate based on attendance, communication and assignment completion. Its tuition includes online instructor-led classes on Zoom, access to its online classroom with practice quizzes and flashcards, National Healthcareer Association certification exam prep, and dedicated 1:1 coaching to help find a full-time job.

Stepful has partnered with Climb Credit, a student lending company whose mission is to finance only high-quality education. It claims that over 1,000 students have graduated, with 80% securing jobs within two months and reporting an average 25% increase in income.

TAGGED: Affordable Education, EdTech Funding, EdTech Startups/Companies, Healthcare, Medical Education, Medical Training, Online Courses, Online Education
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By Shalini Pathak
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Shalini Pathak is a Staff Writer at EdTechReview (ETR) - India's leading edtech media & community. She has over four years of experience in media, covering different beats. Like all writers she's an enthusiastic reader first with a passion to create out of the box content, and an ability to write about any topic. As a part of the ETR team, she will cover the latest in the edtech industry with a focus on edtech startup stories and their funding.
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