healthcare staffing
The all-cash transaction will see Cross Country transition to a privately held company with its common stock no longer trading on the Nasdaq.
The company will use the funds to expand its product portfolio and help it meet the demand for its offerings.
The company will use the funds to expand its services into other sectors of the healthcare market.
The startup announced it had raised $63 million equity and debt financing in September.
Also: Virtual ketamine therapy company Nue Life Health brings in $23 million in Series A and debt financing, and Source Health launches out of stealth with a $3 million seed.
The company offers workforce-management tools for employers and a job marketplace for healthcare workers.
The company said the latest round brings its total raise to more than $100 million.
Wheel provides two main services: telehealth staffing opportunities for clinicians and a scalable virtual care platform for companies.
Doximity will be able to tap into its physician network for staffing.
Palisades Growth Capital led the round, which brings the startup's total raise to over $7 million.