We're thrilled to announce that M7 Health has raised a $10 million Series A, led by Threshold Ventures, with continued support from First Round Capital, 25m Health, and Lakehouse. This brings total funding to $17 million, fueling our mission to reimagine how hospitals support, deploy, and sustain the nursing workforce.
M7 is now relied on as the core operating system for over 15,000 healthcare professionals across 60+ hospitals, with agreements in place to double our footprint by year-end. From local community hospitals to top-tier academic medical centers, we’re helping health systems across the country build smarter, more equitable nurse staffing operations that work for nurses, for patients and for hospitals’ bottom line.
Hospitals are facing grave challenges. In the last five years, the average hospital has turned over more than 100% of its nursing staff. Burnout remains alarmingly high. Labor costs continue to climb. And health systems are still relying on outdated staffing models and tools that simply can’t keep up with the demands of the modern nursing workforce.
Today’s labor pool is more diverse than ever — full-time, part-time, PRN, travel, and contract nurses working side by side. But most hospitals lack the tools or infrastructure to support this complexity. As a result, they’re losing staff, missing opportunities, and struggling to build sustainable care teams.
Nurses make up the largest sector of our healthcare workforce. When they are well supported, nurses are more likely to stay in bedside roles, patient outcomes improve, and hospitals run more efficiently. When nurses’ needs are not met, the consequences ripple across every part of care delivery. Investing in nurses is not optional - it’s essential.
That’s why we built M7: to help hospitals meet the realities of today’s workforce while creating the work conditions in which nurses can thrive.
M7 is the first end-to-end platform that makes nurse scheduling, staffing, forecasting, and communication seamless, efficient, and fair for staff. By aligning the needs of individual nurses with the realities of hospital operations, M7 helps teams create balanced, transparent, personalized st with far less administrative burden.
From day one, we’ve worked side by side with nurses, managers, and health system leaders to understand what’s broken and what’s possible. That partnership has shaped every inch of our product, and it shows in our data. M7 is loved by nurses and hospital leaders alike. We have seen:
M7 was born out of Ilana’s firsthand experience as a nurse on the Bone Marrow Transplant unit at Memorial Sloan Kettering, a unit called "M7." She saw how difficult outdated systems and rigid staffing models can make it for nurse leaders to staff their units, for nurses to do their best at work, and for health systems to retain their teams.
After earning her MBA from Harvard Business School, Ilana teamed up with classmate Eric Gruskin to tackle the problem head-on. Eric grew up helping manage operations at his mom’s OBGYN practice and later worked in digital transformation at Boston Consulting Group, where he led digital transformation projects.
Together, they built M7 to help hospitals wrap their arms around the new nursing workforce dynamics following COVID. M7 makes it possible for health systems to meet individual nurses where they are, offering flexibility, transparency, and incentives, while also ensuring efficient, cost-effective staffing across the enterprise. The result is a win-win for both nurses and the hospitals that they power.
With this new round of funding, we’re doubling down on what’s working and pushing even further:
We’re deeply grateful to our new and existing investors, our customers, and above all, the nurses and healthcare leaders who are making this transformation possible.
If you're a hospital leader grappling with staffing challenges, we'd love to talk. If you're a nurse who wants more control over your schedule, please reach out! And if you're passionate about building tools that actually make a difference in healthcare, we’re hiring.
Let’s build the future of nursing together.