DropStat

Based in Los Angeles, California, DropStat operates as an artificial intelligence powered workforce automation platform that assists healthcare organizations in predicting and fulfilling their clinical staffing requirements. The B2B SaaS platform utilizes proprietary algorithms to forecast facility staffing needs up to 60 days in advance, allowing administrators to increase operational transparency and reduce excess labor spending. By integrating directly with existing hospital systems and staff management tools, the technology automates complex nurse scheduling and shift fulfillment processes for nursing homes and primary care facilities. Operating as a multimillion dollar health technology enterprise, the company has secured financial backing from prominent venture capital firms including Panoramic Ventures and BIP Ventures, alongside at least four additional institutional investors. DropStat was officially established in 2016 by founders Sara Well and Tara Vafaeenia to address critical labor shortages across the medical sector.