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Stepful raises $31.5M to address healthcare staffing shortage with AI-powered training
Carl Madi spent a chunk of the last decade working for Uber and Handy, an online marketplace for cleaners. "I spent a lot of time convincing drivers,
In 2021, he teamed up with Tressia Hobeika (pictured left), who had previously worked at Udacity, to found Stepful, an AI-powered online program that trains people for entry-level healthcare jobs like medical assistants and pharmacy technicians in four months at an average cost of $2,500. Oak HC/FT has looked at other startups that help solve the healthcare worker shortage but found that staffing companies like Nomad Health have narrow gross margins and don’t help to increase the supply of professionals, Chandramouli said. In other words, by relying on GenAI, Stepful ensures that its metrics look more like a tech business with much fewer humans in the loop than a regular education program.
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