Healthtech firm secures £3.8m funding to digitise medical records
A London-based firm has secured multi-million pound funding in order to expand and develop its digital patient record technology.
IMMJ has secured £3.8m investment from a Series A round led by Foresight VCT & Foresight 4 VCT ‘Foresight’ as well as funding from SUG members.
Founded in 2015, IMMJ developed MediViewer which aims to digitise patient records and provide a single interface for clinical caregivers.
Michael van de Weg, CEO of IMMJ Systems, commented: “We are excited by this investment from Foresight, the opportunity it will provide to grow our offerings and capabilities, enabling us to deploy our products with more healthcare providers.
“Foresight has an excellent track record in supporting software businesses and is committed to seeing UK growth companies thrive and become leaders in their markets.”
Lindsay Duebendorfer, investment manager at Foresight, said: “IMMJ is an ambitious company that has built a technically advanced but user-friendly product and has a strong reputation among its NHS customers.
“It’s clear that MediViewer is well positioned to address key challenges in digitising healthcare.”
John O’Connell, executive chairman of SUG, added: “We are delighted to have facilitated the securing of £3.8 million of ‘Series A’ funding for IMMJ Systems.
“It is noteworthy that the majority of our members also invested, underpinning our long-term belief and commitment to IMMJ - a key feature of how SUG operates in a ‘Series A’ fundraise.”
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