Menu visibility control

Video

Events

Startup Surgery

Most Recent

Government & Policy

Here’s how UK tech reacted to the Supreme Court’s Brexit ruling

Investments

Wiltshire-based HealthTech firm Atlas Genetics closes $35m Series D

Investments

Leeds-based online sports network Pitchero lands £3.1m Series A

Press Releases

Starling Bank first of digital challengers to join Faster Payments as direct partner
No more electronic ‘loose change’: innovative fintech charity payment scheme launched today across 6,000 UK schools
Chimni calls for the UK proptech community to work more closely with the housebuilding industry

New investment in Patients Know Best

shutterstock_99044456
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Patients Know Best, the patient-controlled online medical records system, has raised £3.5m of investment.

The round was led by Balderton Capital, one of Europe’s largest technology investors, with support from existing investor Maxfield Capital, a venture fund with a global footprint.

The secure online tool enables patients to better organise, manage and control access to their own healthcare records. It also saves the time of physicians and doctors by enabling secure online consultations, remote monitoring and shared care planning.

Dr Mohammad Al-Ubaydli, founder and CEO of Patients Know Best said: “We built Patients Know Best to treat patients the way we ourselves wanted to be treated – with the patient in control. What we proved over the last few years is that this is the best way for every patient to be treated.

“Patient control improves safety, raises quality, cuts costs and makes patients happier. Our customers across hospitals, pharmaceutical companies, local governments, non-profit patient organisations, social care providers and prisons all benefit from putting the patient in control.”

To date, Patients Know Best has customers in more than 60 medical institutions across seven countries, with Germany and Russia as the next markets to go live. The company already has staff in nine countries, and the investment will be used to hire more developers and clinicians to support global roll-out.

Patients Know Best is one of the first social enterprise businesses. As defined by B Corp, these companies treat the interests of employees, communities and environment as equal to those of shareholders.

Mark Evans, partner at Balderton Capital said: “We believe that digital healthcare starts with putting patients in control of the data. After years attempting to manage data from the top down, it is now clear that the only scalable model for sharing data across healthcare providers puts the patients at the centre.

“Patients Know Best have developed a patient-centric approach that is scalable across both national and international jurisdictions.”

Balderton Capital’s investment builds on a £1m investment led by Maxfield Capital in November 2014.

Enter your e-mail address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

Supreme Court

Here’s how UK tech reacted to the Supreme Court’s Brexit ruling
posted 7 hours ago

HealthTech

Wiltshire-based HealthTech firm Atlas Genetics closes $35m Series D
posted 8 hours ago

pitchero

Leeds-based online sports network Pitchero lands £3.1m Series A
posted on January 23, 2017

PM Theresa May

UK tech community reacts to Theresa May’s Industrial Strategy proposals
posted on January 23, 2017

Theresa May

PM Theresa May to reveal Industrial Strategy Challenge Fund to support UK tech
posted on January 23, 2017

Tech for good

Here’s how tech for good startups can maximise their chances of getting funded
posted on January 23, 2017