Stepful Secures $55M Series C Funding
Analysis based on 6 articles · First reported Jun 08, 2026 · Last updated Jun 10, 2026
The Series C funding for StepFun is expected to positively impact the healthcare and education sectors by addressing critical labor shortages. This investment will enable StepFun to expand its AI-powered training platform, potentially reducing healthcare systems' reliance on expensive contract staffing and improving operating margins.
StepFun, a training platform for healthcare workforces, announced a $55 million Series C funding round. The round was led by Oak HC/FT, with new investors Foresite Capital, Hearst Ventures, and the Citi Impact Fund, and existing investors SemperVirens, Y Combinator, Intermountain Health, and ECMC Education Impact Fund. This capital will allow StepFun to expand partnerships with hospitals and health systems, launch advanced degree programs in nursing, respiratory therapy, and imaging, and accelerate its AI capabilities. StepFun's platform provides employer-sponsored, debt-free pathways for workers to enter healthcare careers, addressing structural problems in traditional trade schools and reducing health systems' dependence on contract staffing. Carl Madi, CEO and Co-Founder of StepFun, highlighted the company's role as foundational infrastructure for the future healthcare workforce. StepFun has already graduated over 32,000 practice-ready healthcare workers and serves more than 35 major healthcare system clients, including Mount Sinai Health System, Ochsner Health System, and Providence (health system).
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