ProRank Names New CEO, Finalizes Investment from Caduceus Capital Partners

Sep 17, 2024 | Press Release

Today, Adam Seyb was named the new CEO at ProRank, which provides healthcare organizations with employee recruitment technologies powered by machine learning and artificial intelligence. ProRank also announced a $1 million investment from Caduceus Capital Partners.

“At a time when staffing is the number one concern for healthcare leaders, ProRank offers distinctive solutions to revolutionize the talent acquisition process while fostering enhanced employee relationships,” said Seyb. “I look forward to diving in with the talented ProRank team and growing our partnerships across the healthcare industry.”

In just the last five years, hospitals have experienced an alarming 100.5% workforce turnover, taking 49 days on average to fill roles, far longer than most industries. This, coupled with staffing shortages, escalates costs and erodes health system margins.

By eliminating time consuming manual tasks through precise sourcing and automated outreach, ProRank elevates the recruitment journey. Powered by a proprietary contextual search engine, an unbiased ranking algorithm, an extensive 700M+ database of global passive candidates, and integrated automated outreach tools, the platform offers an unparalleled and highly efficient recruiting experience.

“Adam is a proven leader whom we have known for many years, and I am certain he is the right person to lead the company during this critical phase,” said Dave Vreeland, senior managing partner, Caduceus Capital Partners. “We are thrilled to partner with ProRank as they provide a critical service to help healthcare companies across the country carry out their important work of serving patients.”

Seyb brings more than 20 years of experience in leadership, consulting and customer service to his role with ProRank. Most recently, he served as chief customer officer at Janus Health, another company in the Caduceus Capital Partners portfolio. He also was a partner at West Monroe and Cumberland Consulting Group.

About ProRank

ProRank offers a talent acquisition and engagement suite powered by machine learning and artificial intelligence. The company’s platform includes a proprietary contextual search engine, an unbiased ranking algorithm, a 700M+ database of passive global candidates, and a talent CRM (candidate relationship management) to deliver an unprecedented efficient recruiting experience. For more information, visit www.prorank.ai.

About Caduceus Capital Partners, LLC

Caduceus Capital Partners invests in early stage digital health companies that can make a significant impact on healthcare by expanding access, improving patient outcomes, reducing costs and enhancing the daily working lives of care providers. The Caduceus Capital Partners investment model actively supports portfolio companies with operational expertise and network access to potential customers and partners. For more information and investment interest, visit www.caduceus.vc.