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    Black Female Entrepreneur Makes History as the Co-Founder of a $1.6 Billion Tech Startup

    in Technology & Inventions, Business
    Reading Time: 2 mins read
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    Black Female Entrepreneur Makes History as the Co-Founder of a $1.6 Billion Tech Startup

    Contents

    1. Black Woman Founder Secures $1 Million in Funding Despite Pandemic
    2. Mompreneur Strikes Deal With Walmart Just 2 Years After Launching Her Beauty Products
    3. HBCU Grad Turned Entrepreneur Make History, Invents First-Ever Brand of Pantiless Liners
    4. Meet the 3 Women Behind the Newest Black-Owned Jewelry Storefront in Baton Rouge
    Iman Abuzeid

    Iman Abuzeid, a medical doctor turned entrepreneur and CEO, is making history as one of very few Black women to lead a billion-dollar company. Her health tech startup, Incredible Health, is currently valued at $1.65 billion. She is only the fourth Black woman in history to have accomplished this.

    In August 2022, Incredible Health reportedly secured an $80 million Series B round of funding, raising the company’s total current valuation to up to $1.65 billion and making its CEO, Abuzeid, only the 4th Black woman in history to run a company valued at more than a billion dollars.

    Abuzeid co-founded Incredible Health in 2015 with the goal to connect more qualified nurses with hospitals and healthcare organizations that have vacant positions. The platform has been very valuable, especially during the COVID-19 pandemic wherein the lack of medical personnel impacted many hospitals in the US.

    With Incredible Health, several hospital systems in the country paid the company to list their open jobs while the algorithm finds the top matching candidates for them at a faster rate than traditional recruitment.

    “We’ve transformed how nurses are hired and will build on this work to help health systems and healthcare workers manage surging patient demand in the midst of a national labor crisis,” she told Good Morning America.

    Starting out with 200 hospitals, the platform now increased its partnership to over 600 hospitals in the US. The number of nurses who are joining the network is also growing to more than 10,000 every week, reducing the average hiring time to at least 14 days. The company recorded a top-line growth of more than 500 percent in 2021.

    Abuzeid, who is a medical doctor herself, says that she is well aware of the lack of health professionals in the country. That’s why aside from digitalizing the recruitment process, her company also provides free accredited nursing courses to fill the critical void of talent. 

    “We are committed to addressing both sides of this crisis with tech-enabled support and services for the US nursing workforce,” she said.

    For more information about Incredible Health, visit IncredibleHealth.com

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    Black-Owned Agency In Houston, Texas Writes Over 16,000 Affordable Health Insurance Policies in One Year

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    Contents

    1. Black Woman Founder Secures $1 Million in Funding Despite Pandemic
    2. Mompreneur Strikes Deal With Walmart Just 2 Years After Launching Her Beauty Products
    3. HBCU Grad Turned Entrepreneur Make History, Invents First-Ever Brand of Pantiless Liners
    4. Meet the 3 Women Behind the Newest Black-Owned Jewelry Storefront in Baton Rouge
    Iman Abuzeid

    Iman Abuzeid, a medical doctor turned entrepreneur and CEO, is making history as one of very few Black women to lead a billion-dollar company. Her health tech startup, Incredible Health, is currently valued at $1.65 billion. She is only the fourth Black woman in history to have accomplished this.

    In August 2022, Incredible Health reportedly secured an $80 million Series B round of funding, raising the company’s total current valuation to up to $1.65 billion and making its CEO, Abuzeid, only the 4th Black woman in history to run a company valued at more than a billion dollars.

    Abuzeid co-founded Incredible Health in 2015 with the goal to connect more qualified nurses with hospitals and healthcare organizations that have vacant positions. The platform has been very valuable, especially during the COVID-19 pandemic wherein the lack of medical personnel impacted many hospitals in the US.

    With Incredible Health, several hospital systems in the country paid the company to list their open jobs while the algorithm finds the top matching candidates for them at a faster rate than traditional recruitment.

    “We’ve transformed how nurses are hired and will build on this work to help health systems and healthcare workers manage surging patient demand in the midst of a national labor crisis,” she told Good Morning America.

    Starting out with 200 hospitals, the platform now increased its partnership to over 600 hospitals in the US. The number of nurses who are joining the network is also growing to more than 10,000 every week, reducing the average hiring time to at least 14 days. The company recorded a top-line growth of more than 500 percent in 2021.

    Abuzeid, who is a medical doctor herself, says that she is well aware of the lack of health professionals in the country. That’s why aside from digitalizing the recruitment process, her company also provides free accredited nursing courses to fill the critical void of talent. 

    “We are committed to addressing both sides of this crisis with tech-enabled support and services for the US nursing workforce,” she said.

    For more information about Incredible Health, visit IncredibleHealth.com

    Tags: export-black-business-1black business
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    dameluthas

    dameluthas

    For a decade, Dame Luthas collaborated with global United Nations Organizations on the most pressing, multi-dimensional challenges. The experience uncovered new opportunities for tomorrow; and reinvigorated a clarity of vision and passion for empowering organizational, business, and technical harmonization here in the United States. In this spirit, Mr. Luthas also created The Luthas Center for Excellence - committed to the establishment; and strengthening of collaborative global mastermind networks enabling multi-lateral network empowerment of Women and Children via the maximization of inherent gifts, talents, and abilities.

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    Beauty & Makeup

    Founder of Black-Owned Vending Company Launches Nationwide Franchise Opportunity

    by dameluthas
    April 18, 2024
    0

    Meet 26-year-old Brittni Clemons, the founder and CEO of B's Essentials Vending, a Black-owned vending machine company that supplies interactive, AI-powered touchscreen kiosks. Initially, her company sold just beauty products but has...

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    HBCU Grad, Black Pharmacist Celebrates Two Years as Owner of a Natural Hair Salon and Beauty Supply Store
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    HBCU Grad, Black Pharmacist Celebrates Two Years as Owner of a Natural Hair Salon and Beauty Supply Store

    by dameluthas
    April 18, 2024
    0

    Dr. Kristal Cunningham, a proud graduate of Florida A&M University with 17 years of experience as a clinical pharmacist, is also the owner of Bold Kulture Beauty, an Orlando, Florida-based Black-owned hair...

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