Healsgood, trading as Flexzo AI, has secured £2.5m in additional seed funding from Octopus Ventures. The investment brings total seed funding to £5m within the past 12 months and marks a milestone in the company’s mission to transform NHS workforce management.
Healsgood has seen growing demand from NHS Trusts and Integrated Care Boards. The new funding will support customer on-boarding and accelerate research and development of its AI platform, which is designed to reduce reliance on costly bank and agency staffing.
The company previously raised £1.5m from Fuel Ventures, alongside more than £1m from leading angel investors. Octopus Ventures, with over £2bn under management, has a strong record in backing UK healthcare scale-ups, while Fuel Ventures is one of the country’s most active early-stage investors. Their combined support demonstrates confidence in Healsgood’s ability to deliver meaningful cost savings for the NHS.
The NHS spends billions each year on temporary staff, and Healsgood’s AI-driven infrastructure enables Trusts to manage their own staff banks, standardise rates and optimise workforce planning. This approach provides sustainable cost reductions while supporting better working conditions for clinicians.
The NHS has faced years of spiralling bank and agency costs that put pressure on budgets and frontline care. At Flexzo AI, we’re building the digital infrastructure that allows the NHS to own and manage its workforce sustainably. With Octopus Ventures, Fuel Ventures, and our angel investors behind us, we’re in a strong position to scale solutions that can save the NHS millions while improving conditions for clinicians.
Jack Henderson, Founder & CEO
Jack and the Flexzo team impressed us from the outset with their mission-driven focus on solving one of the NHS’s most urgent and timely challenges, delivering cost savings at scale. Their AI-powered platform is already seeing strong demand from Trusts, and we’re delighted to be partnering with them as they execute on this opportunity and build towards a more efficient, sustainable healthcare system.
Uthish Ranjan, Partner at Octopus Ventures
From the outset, we were impressed by Jack and the team’s vision to tackle one of the NHS’s most urgent financial challenges. The combination of deep sector expertise and cutting-edge AI technology positions Flexzo AI to deliver enormous value to the healthcare system. We’re proud to have supported the company from the beginning and are excited to see them scale with the backing of Octopus Ventures.
Shiv Patel, Partner at Fuel Ventures
