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HealthTech startup MedShr lands over £1.5m to help doctors share expertise

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HealthTech startup MedShr has landed over £1.5m in a Seed round led by ex investment banker Karl-Georg Altenburg and the family office of Udo Müller, founder of Ströer SE.

The startup, which launched in August last year from corporate backed incubator and accelerator Founders Factory, will use the funds to accelerate its growth and to forge partnerships across the industry.

Founded by London-based cardiologist Dr Asif Qasim, MedShr enables medical professionals to share and discuss medical cases and images through its app in an attempt to encourage the sharing of knowledge and expertise.

UK HealthTech: The challenges and opportunities

Qasim, founder and CEO, commented on the round’s closure: “Our rapid growth shows there is a real need for a credible and secure platform for medical professionals to share knowledge and support each other across a broad spectrum of specialties. We have seen amazing examples of how MedShr is being used as tool to improve doctors’ clinical practice with significantly better patient care.

“It has been inspiring to see doctors and medical students from every corner of the world sharing cases and learning from each other on MedShr. From top London hospitals to refugee camps in Syria, doctors are using MedShr to seek support and learn from each other,” he added.

Lead investor Altenburg spoke about the way in which the app was helping specialists and clinicians from all over the world to connect and shared his opinion about the service’s disruptive potential.

“We see this app now becoming part of daily practice and daily practice and enhancing the learning of the next generation of healthcare professionals. We believe this has the potential to disrupt medical education and see the important role that smart technology plays in the future of medicine,” concluded Altenburg.

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