Healthtech startup raises £1.9m investment to “digitise and reinvent” workflow
A startup aiming to revolutionise the workflow of healthcare firms has secured £1.9m investment in its latest funding round.
Healthtech Awell Health has secured the funding in a round led by early stage venture capital investor LocalGlobe, with involvement from Moonfire.
The investment will see NHSX approved supplier Awell Health develop its software platform aiming to enable healthcare organisations to create, implement and continually update care pathways.
Thomas Vande Casteele, co-founder and CEO, at Awell Health, explained: “Technology has enabled teams in almost all industries to digitise and reinvent their workflow, but healthcare is still largely stuck in its old ways, using outdated traditional paper-based processes.
“As consumers, we are led to believe the industry has rapidly transformed – with news of innovations in robotic surgeries, new treatments, apps and wearables – but the way care delivery is organised has changed very little.”
With the new investment, the firm hopes to support the reorganisation of what it calls “largely paper-based and disjointed processes”.
Julia Hawkins, partner at LocalGlobe, added: “Awell was started with a vision to improve patient outcomes at its core – while at the same time creating a modern workflow tool for care teams.
“Other players are focusing either on administrative tasks or the clinical work that is standardised. But the reality of clinical work, especially in areas such as cancer, inflammatory or other chronic disease, means that the clinical journey needs to be bespoke. Awell caters for such variety while allowing for more consistent delivery of care.
“We believe the fantastic team at Awell are building the digital healthcare system of the future: organising care teams and their patients in pathways, leading to better outcomes, more transparency, greater productivity, and most importantly – a supportive and clear experience for patients.”
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