Menu visibility control

Video

Events

Startup Surgery

Most Recent

News

Top tech stats: Job automation, driverless cars and much more

News

Startup Weekly: Nesta’s £5m prize fund, Digital Catapult and Seedcamp’s VR cohort and much more

Investments

FinTech startup Quantexa lands $3.3m Series A led by Albion Ventures and HSBC

Press Releases

Starling Bank unveils beta as it begins roll out to first customers
VentureFounders surpasses £40m funding mark in 2 years of operation
Software testing leader TestPlant appoints Dr. John Bates as CEO

HealthTech startup Echo closes £1.8m Seed round led by LocalGlobe

prescription
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Echo, a medication management app, has closed a £1.8m Seed round led by LobalGlobe. Global Founders Capital also participated in the round.

Born out of a frustration with the confusing repeat prescription system, Echo allows users to request prescriptions via the app, which are then sent to their existing NHS GP for approval.

Stephen Bourke, co-founder of Echo, explained: “There are too many barriers to obtaining a repeat prescription, from having to take time off work to attend a GP appointment, to the pharmacy not having enough medication in stock.

A $24.8m Series B, a $490m acquisition, a creepy Amazon Echo makeover and more in The Week in Tech

“Echo brings the whole process to your smartphone, with delivery to your door.”

The London-based HealthTech firm plans to use the funds to improve product and user experience by investing in new talent.

Sai Lakshmi co-founder and CEO of Echo, commented: “This investment is testament to how hard our team has worked over the past year and how urgently the NHS needs practical, frontline innovation. Our investors have been brilliant, coaching the team, opening doors and getting stuck to the detail of our industry.

“HealthTech has to start with the end-user, and in 2016 they expect a seamless service. Amazon and Apple provide the benchmarks. This requires a massive investment in people, and we are immediately looking to make another eight hires across engineering, design and operations,” he concluded.

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

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

jobs automation top tech stats

Top tech stats: Job automation, driverless cars and much more
posted 5 hours ago

Startup Weekly

Startup Weekly: Nesta’s £5m prize fund, Digital Catapult and Seedcamp’s VR cohort and much more
posted on March 24, 2017

London skyline

FinTech startup Quantexa lands $3.3m Series A led by Albion Ventures and HSBC
posted on March 24, 2017

The North of England

The top tech hubs in the North of England
posted on March 24, 2017

TWIT Emily 23.03.17

A $30.4m Series B, a £120m AI fund, a Mario Kart hack and more in The Week in Tech
posted on March 24, 2017

Tech and banking

How tech is shaking up the world of banking
posted on March 23, 2017